Accession Number : AD0678241

Title :   DEFENSE IMPACTS ON INTERNATIONAL PAYMENTS.

Descriptive Note : Research paper,

Corporate Author : INSTITUTE FOR DEFENSE ANALYSES ARLINGTON VA PROGRAM ANALYSIS DIV

Personal Author(s) : Piekarz,Rolf

Report Date : DEC 1967

Pagination or Media Count : 42

Abstract : This paper describes an approach for evaluating many of the economic considerations relating to the DoD impacts on the US balance of payments position. Calculation of the balance of payments improvement from lower DoD procurement abroad must take into account, in addition to the cut in spending, the resulting loss in US export earnings. The United States can obtain balance of payments improvement from expansion of military exports only by sales to industrial allies. These benefits must be weighted against the risk that additional sales may prove detrimental to US interests. Computation of the balance of payments improvement from increased sales to other nations must take into account an induced loss of civilian exports. (Author)

Descriptors :   (*ECONOMICS, MILITARY PROCUREMENT), (*FOREIGN POLICY, ECONOMICS), DEPARTMENT OF DEFENSE, FEDERAL BUDGETS, COSTS, COST EFFECTIVENESS, STATISTICAL DATA, MATHEMATICAL MODELS

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE