International Journal of Scientific and Research Publications

IJSRP, Volume 8, Issue 7, July 2018 Edition [ISSN 2250-3153]


Impact of Corruption, Defense Spending and Political Instability on Economic Growth: An Evidence from Pakistan
      Sadia Naureen
Abstract: The defense expenditures of the Pakistan economy remain high to sustain a credible deterrence, due to the significant geopolitical position, regional instability as well as a constant conflicting with India since the independence. This study will analyze the effect of defense expenditures on economic growth with some other political factors, such as corruption, defense spending and political-instability. The empirical results of the study observed that there exist positive defense expenditures positive relationship between defense expenditure and economic development which caused expansion of aggregate demand, production and employment generation in the economy which is also suggested by the Benoit (1973, 1978), and Faini et al. (1984).

Reference this Research Paper (copy & paste below code):

Sadia Naureen (2018); Impact of Corruption, Defense Spending and Political Instability on Economic Growth: An Evidence from Pakistan; International Journal of Scientific and Research Publications (IJSRP) 8(7) (ISSN: 2250-3153), DOI: http://dx.doi.org/10.29322/IJSRP.8.7.2018.p7962
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