Warfare, Economic Development and Well-being

Name: Warfare, Economic Development and Well-being
Brand: Vita e Pensiero
Price: 6.00 EUR
Availability: OnlineOnly

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Issue

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2019 - 2

Title

Warfare, Economic Development and Well-being

Author

Paolo Rizzi

Publisher

Vita e Pensiero

Format

Article |

Pdf

Pages

Online from

10-2019

Doi

10.26350/000518_000029

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

Ebook format Pdf readable on these devices:

Computer
with Software:
- Adobe PDF Reader
Android
iPhone/Ipad
with App:
- Adobe PDF Reader
E-Book Reader
Ibs Tolino
Kobo

Description

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.