Sanjeev Gupta: Military Spending in the Post-Pandemic Era

<p>Covid-19 has left government budgets across the globe scrambling for revenues and having to reassess their tax and spending policies. For some countries– especially those in conflict areas, spending on defense eats up precious resources that could otherwise go toward other forms of public spending like education, health and infrastructure. In this podcast, economist Sanjeev Gupta says keeping global tensions in check would have long-term economic benefits.   <a href= "http://traffic.libsyn.com/imfpodcast/Military_spending-transcript-IMF_Podcast.pdf">Transcript</a></p> <p>Transcript link: https://bit.ly/3vAx1q8</p> <p>Look for <em>Military Spending in the Post-Pandemic Era</em> in <a href="https://www.imf.org/external/pubs/ft/fandd/">Finance and Development Magazine</a>.</p>