Expert essays bring together material from many developed and developing countries to determine how defense spending can affect welfare provision and economic growth.

List of figures, List of tables, List of contributors, 1 Defense, welfare, and growth: introduction, 2 Defense spending and economic performance: a disaggregated analysis, 3 Political-economic tradeoffs and British relative decline, 4 Guns, butter, and growth: the case of Norway, 5 Eating your cake and having it too: the Japanese case, 6 Models of military expenditure, 7 Economic growth, investment, and military spending in India, 1950-88, 8 Muddling through security, growth, and welfare: the political economy of defense spending in South Korea, 9 Military burden, economic growth, and income inequality: the Taiwan exception, 10 The dual economy and Arab-Israeli use of force: a transnational system?, 11 The impact of military expenditures on human-capital development in the Arab Gulf states, 12 Military participation, economic growth, and income inequality: a cross-national study, 13 Do we yet know who pays for defense? Conclusions and synthesis, Index