Jamshed Ali Baloch, Humera Hakro, Sikander Mustafa Jarwar


Since the World War two the world appears to have peaceful and prosperous scenario. However, events like cold war, post-cold war and 9/11 have indelible implications on the socio-economic and developmental prospects of developing nations. Owing to, these entrenched issues of recent human history, military expenditures have overwhelmed developmental expenditures and the world is witness of deep-rooted poverty, hunger and increasing terrorism. There are facets of cogent factors of military expenditures in the world, potential enemy factor, increasing arms race in the world, war on terror, dictatorial rules and internal civil wars. This research papers will evaluate, the world military expenditure, and its impact of economic cost on developing nations.

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Copyright (c) 2015 The Government - Annual Research Journal of Political Science.

ISSN-P 2227-7927

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