Abstract
The paper sets out to analyse the relation between military spending, Warfare and some measures
of Well-being, in the current context of globalisation and convergence processes. On the one hand,
growth drivers are attributable to gross fixed capital formation, attraction of foreign direct investment
and ability to export. On the other hand, military expenditures, once again rising in the Middle
East, North Africa and Central Europe, have negative effects on economic growth paths. The
aim of the current paper is to verify such trends with economic development as well as indicators
of subjective Well-being and institutional development, through analyses of bivariate correlations
and some econometric models. The effects of displacement of public welfare in relation to productive
investment or social and educational expenditure represent clear constraints that hamper a
balanced and sustainable development and, in general, the social Well-being, as measured by new
indicators of democracy level and happiness.
Lingua originale | English |
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pagine (da-a) | 145-171 |
Numero di pagine | 27 |
Rivista | Rivista Internazionale di Scienze Sociali |
Volume | 2019 |
Stato di pubblicazione | Pubblicato - 2019 |
Keywords
- WARFARE, ECONOMIC DEVELOPMENT, WELLBEING