Third Annual Conference of the Parliamentary Network on the World Bank, Bern, May 9-11, 2002

Mapping Intimacies ◽

10.1596/24885 ◽

2002 ◽

Author(s):

James D. Wolfensohn ◽

Abdoulaye Wade ◽

Mike Moore

Keyword(s):

World Bank ◽

Annual Conference ◽

The World Bank ◽

The World

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Remarks at Annual Conference of the Parliamentary Network on the World Bank, March 16, 2007

10.1596/31259 ◽

2007 ◽

Author(s):

Paul Wolfowitz

Keyword(s):

World Bank ◽

Annual Conference ◽

The World Bank ◽

The World

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De Facto Demilitarization: Budget-Driven Downsizing in Latin America

Journal of Interamerican Studies and World Affairs ◽

10.2307/165862 ◽

1994 ◽

Vol 36 (1) ◽

pp. 37-74 ◽

Cited By ~ 3

Author(s):

Patrice Franko

Keyword(s):

World Bank ◽

Defense Spending ◽

Annual Conference ◽

Past President ◽

Financial Flows ◽

The World Bank ◽

The World ◽

Control Community ◽

Military Expenditures ◽

The Relationship

The international financial community has recently joined the arms control community in scrutinizing the relationship between military spending and economic growth. The Independent Group on Financial Flows to Developing Countries, headed by Helmut Schmidt, recommended (in Facing One World) that priority in financial assistance be given to countries that spend less than 2% of their gross domestic product (GDP) on security (The Economist, 1991a: 61). Robert McNamara, past president of the World Bank as well as a former US Secretary of Defense, supported this proposal in his speech before the World Bank Annual Conference on Development Economics (April 1991), recommending that military expenditures, as a percentage of GDP, be reduced by 50%. Nicole Ball, in Pressing for Peace: Can Aid Induce Reform?, argues cogently for conditioning international assistance on the initiation, or acceleration, of reforms in defense spending in the developing world (Ball, 1992).

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