LIT6: DiGiuseppe, M. (2015). Guns, butter, and debt. Sovereign creditworthiness and military expenditure. Journal of Peace Research, 52(5), 680—693. Flashcards
1
Q
What is the role of Guns, Butter and Debts? DiGiuseppe
A
Access to affordable foreign capital allows leaders to avoid the political consequences of more immediate methods of finance.
Creditworthiness conditions the strategic behavior of states.