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THE IMPACT OF ANTI-TERRORISM EXPENDITURE ON ECONOMIC GROWTH AND WELFARE.
- Source :
- Bulletin of Economic Research; Jan2012, Vol. 64 Issue 1, p1-7, 7p
- Publication Year :
- 2012
-
Abstract
- ABSTRACT This paper examines the effects of increasing anti-terrorism expenditure on economic growth rate and social welfare. It is shown that: (i) spending the least amount possible on anti-terrorism expenditure will lead to a maximum economic growth rate; and (ii) to achieve maximum social welfare, the government should allocate its budget to anti-terrorism expenditure. The results shed light on why the US government has chosen to uphold and pursue its anti-terrorism policies in recent years to present day. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 03073378
- Volume :
- 64
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Bulletin of Economic Research
- Publication Type :
- Academic Journal
- Accession number :
- 69604998
- Full Text :
- https://doi.org/10.1111/j.1467-8586.2010.00377.x