The Impact of Corruption on Military Spending in the Asia-Pacific Region
The Impact of Corruption on Military Spending in the Asia-Pacific Region
Author(s): Jason C. PatalinghugSubject(s): Economy, Supranational / Global Economy, Business Economy / Management
Published by: RITHA Publishing
Keywords: military spending; corruption; panel data; fixed effects; Asia-Pacific;
Summary/Abstract: This study examines the relationship between corruption and military spending in the Asia-Pacific region. Using key governance indicators from the World Bank - specifically control of corruption, political stability, and rule of law - it assesses governance quality across nations. Employing econometric techniques, the research explores whether countries with stronger governance tend to spend more or less on their military. Additionally, it analyses how corruption, as a critical governance factor, influences defence expenditures in the region. The findings of this research contribute to a deeper understanding of the factors influencing military spending decisions in the Asia-Pacific context, seeking to understand the economic and political dynamics shaping defence expenditure patterns in the region. This study contributes to the broader discourse on the intersection of governance quality, corruption, and national security.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: XX/2025
- Issue No: 2(88)
- Page Range: 232-243
- Page Count: 12
- Language: English
