Guns versus Butter: A Budgetary Trade-Off in the MENA Region?
Although the debate has become less heated in the post-Cold War period, no conclusive evidence has been reached regarding the economic impact of military spending. The aim of this paper is to investigate the existence and magnitude of budgetary trade-offs between military spending and human capital spending in the MENA (Middle East and North-Africa) region. It is striking that the guns versus butt
