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Articles 121 - 122 of 122
Full-Text Articles in Social and Behavioral Sciences
Size Of The Military Sector And Economic Growth: A Panel Data Analysis Of Africa And Latin America, Michael D. Stroup, Jac C. Heckelman
Size Of The Military Sector And Economic Growth: A Panel Data Analysis Of Africa And Latin America, Michael D. Stroup, Jac C. Heckelman
Faculty Publications
We estimate the influence of defense spending and military labor use on economic growth in African and Latin American countries. Our model integrates disparate implications from the defense economics literature into a Barro-style model of economic growth that controls for political and economic institutional variation across countries. Our panel data analysis of 44 countries in Africa and Latin America from 1975 to 1989 also controls for cross-country variation in lost human capital and public sector production inefficiencies. We find empirical evidence that the defense burden on economic growth is non-linear, with low levels of military spending increasing economic growth but …
Post-Uruguay Round Gatt/Wto Dispute Settlement: Substance, Strengths, Weaknesses, And Causes For Concern, Michael Tkacik
Post-Uruguay Round Gatt/Wto Dispute Settlement: Substance, Strengths, Weaknesses, And Causes For Concern, Michael Tkacik
Faculty Publications
Dispute settlement under the General Agreement on Tariffs and Trade (“GATT”) has come under increasing strain in recent years. The major powers often ignore GATT dispute settlement decisions which do not comport with their economic interests. This situation undermines the credibility of the GATT and threatens the system's framework. If dispute settlement under the GATT continues to be ineffective as it has been through much of the 1980s and early 1990s, GATT member states (“Members”) may well lose faith in the system, begin reimposing the tariffs that were present before the GATT, thereby risking worldwide trade war and possibly consequences …