Impact of Defense Spending on Economic Growth

As being the front line state against the war on terrorism, Pakistan is facing heavy stress on national exchequer to maintain its internal and external security. This book unveils many thought provoking areas to justify defense spending but not at the expense of social sector such as education and health. Political stability and powerful parliament would preclude the possibility of military takeover. Research and development wing in army is working more efficiently as compared to public or private sector. So spillovers from Research and development within the country can be beneficial to promote industry.