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Economics

2017

Academic conference

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The Demilitarization Of Costa Rica, Patrick Buscone May 2017

The Demilitarization Of Costa Rica, Patrick Buscone

College Honors Program

Costa Rica is one of the few developed countries in the world to be completely demilitarized. In the first chapter, this thesis explores why the country decided to demilitarize and how effective their demilitarization has been. Further statistical analysis is applied in Chapter 2 to determine the effect military spending has on growth in Latin America. With Costa Rica experiencing great stability and growth following their demilitarization and the statistical analysis showing military spending to have a negative impact on growth in Latin America, the third and final chapter explores other Latin American countries that could benefit from demilitarization.