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The actual relationship between defence expenditure and economic growth is not well understood and there is need for more empirical research on the relationship especially in Nigeria. This study provides evidence that defence expenditure can be a mechanism for the promotion of economic growth as well as a mechanism for the resolution of social and economic issues of security, poverty reduction, income disparities, unemployment, social conflicts and health care, among others. It is bore out of the fact that it is difficult to say whether the ever increasing rate of defence expenditure over the…mehr

Produktbeschreibung
The actual relationship between defence expenditure and economic growth is not well understood and there is need for more empirical research on the relationship especially in Nigeria. This study provides evidence that defence expenditure can be a mechanism for the promotion of economic growth as well as a mechanism for the resolution of social and economic issues of security, poverty reduction, income disparities, unemployment, social conflicts and health care, among others. It is bore out of the fact that it is difficult to say whether the ever increasing rate of defence expenditure over the years has impacted positively or negatively on the economic growth in Nigeria. It has shielded strong light about the long-run and short-run relationship between defence expenditure and economic growth in Nigeria (positive). The study is of importance to both government and entire citizens and recommended increase of government spending on productive defence expenditure, adequate utilizationof funds made to the defence sector and reduced spending on protective defence expenditure without wastage.
Autorenporträt
Mile Ngodoo wurde am 6. September 1980 geboren. Sie erwarb ihren NCE im Jahr 2000 und ihren B. Sc. in Wirtschaftswissenschaften im Jahr 2007 am College of Education, Katsina-Ala, bzw. an der Benue State University, Makurdi. 2014 erwarb sie ihren M. Sc. in Wirtschaftswissenschaften an derselben Universität. Derzeit arbeitet sie an ihrer Doktorarbeit. Sie ist verheiratet und hat drei Kinder.