Military expenditures and Growth军事支出与增长.pptVIP

* * Military expenditures and Growth Davut Ta?erArma?an ?etinOutline The Methods What is growth? Growth rate of countries Military expendtirues?What it means for countries Results of some articles The Methods We look to the literature and access some articles which was examined to relationship btw growth and military expenditures We collect some data from WB,IMF,SIPRI We compare countries by military expenditures and growth rates We get some results about our topic What is growth? Increase of per capita gross domestic product (GDP) Is primarily driven by improvements in productivity Economic growth = long run ; short-run variation of economic growth is termed the business cycle Growth rates of countries Source: Eurostat Military Expenditures Share of military expenditures in GDP Tunisia 1,3 Angola 4,2 Botswana 3 Burkina Faso 1,2 Cameroon 1,6 Cape Verde 0,5 Central African Rep. 1,8 Chad 6,2 Canada 1,5 USA 4,7 Jamaica 0,9 Mexico 0,5 Argentina 1 Bolivia 2 Brazil 1,6 Chile 3,5 Germany 1,4 Denmark 1,4 Estonia 2,3 Finland 1,5 Netherlands 1,5 Norway 1,6 Poland 1,8 Portugal 2,1 Turkey 2,7 UK 2,7 Saudi Arabia 11,2 Syria 4 UAE 7,3 Source: SIPRI What does military expenditures mean for countries? personnel all expenditures on current personnel, military and civil retirement pensions of military personnel soc