Economics, Econometrics and Finance
5 years ago

Defense Spending Boosts Economic Growth in Malaysia, Study Finds.

The Journal of Social Sciences Research
Corporate Governance and Insider Trading: Evidence from Malaysia
Posma Sariguna, Johnson Kennedy

Paper Summary

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The study looked at how defense spending in Malaysia affects the country's economy. The researchers found that increasing defense budget did impact economic growth, but traditional threats did not reduce economic growth. This suggests that increasing defense spending could help stabilize production and make businesses feel safer.