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MILITARY EXPENDITURE AND INFLATION: A THEORETICAL AND EMPIRICAL ANALYSIS | ||
| TANMIYAT AL-RAFIDAIN | ||
| Article 4, Volume 27, Issue 79, 2005, Pages 54-66 PDF (417.57 K) | ||
| Document Type: Research Paper | ||
| DOI: 10.33899/tanra.2005.161600 | ||
| Author | ||
| Talal Kadawe | ||
| Abstract | ||
| Inflation is regarded as a global economic phenomenon, all countries regardless of its progress suffer from it. Subjugated efforts were made to confront inflation and containing it. Whereas developing countries haven’t given it the attention it deserves. Due to the negative economic and social effects of inflation, it became necessary to search for its reasons and resources. Military expenditure represents one of the channels that contributes in creating inflationary pressure via its effects on price expectations and demand surplus and raising money liquidity in the economy. | ||
| Keywords | ||
| MILITARY EXPENDITURE; Inflation | ||
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