World Security and Equity
. . . a very neat illustration of the skilful use of small, manageable, world models to consider pressing policy questions of great current relevance. Ron Smith, The Economic Journal Jan Tinbergen, in this book as in his earlier work, has the courage to address central issues. Dietrich Fisher, Journal of Economic Literature . . . here is an important, thought provoking, but technical work which should achieve at least one of its principal aims, to stimulate further research into the whole topic. K. Jackson, Kyklos This book provides a quantitative foundation for evaluating the conflicting aims of security and equality. Professor Tinbergen presents a number of econometric models which overturn many long-held beliefs about the relationship between military policy and development co-operation. His findings demonstrate that in order to achieve reasonable targets of welfare and security, military expenditure should be considerably reduced with development assistance being increased by amounts of the same order.
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0.7 per cent alternative amount areas armament expenditures assumed average calculations capital-output ratio Chapter China coefficients column comparison considered constitutes consumption country groups dealt decile developed countries Developed market economies development aid development assistance development co-operation discussed donor countries dynamic models economic equations figures Germany F.R. gestation period growth higher horizons income distribution investments Kravis lacunae large number Leger Sivard Logarithmic welfare functions lower macro market economies maximize world welfare maximizing welfare ofWl Milit military expenditures national income needed non-communist Non-mil non-military expenditure obtained OECD Official Development Assistance Optimal values optimum Parabolic welfare functions percentage population problem real income reduction restrictions satiation values Second World Section security aid security assistance security policy solution Soviet Union static models Third World three worlds total incomes transfers underdeveloped units utility function Warsaw Pact Washington D.C. welfare-cum-security welfare-in-security Wl and W3 World Bank