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Applied Economics Letters Volume 18, 2011 - Issue 11
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Original Articles

Budgetary trade-offs between defence, education and social spending in Greece

Christos Kollias Department of Economics, University of Thessaly, Korai 43 Street, 38333, Volos, GreeceCorrespondence[email protected]
&
Susana-Maria Paleologou Department of Economics, University of Ioannina, 45110, Ioannina, Greece
Pages 1071-1075 | Published online: 31 Jan 2011
 
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Abstract

We examine the presence of budgetary trade-offs between defence spending and welfare expenditure in the case of Greece, the country with the highest defence burden in the European Union. The findings reported herein point to a positive trade-off between education, social expenditure and defence.

Notes

1OECD (Citation2002), Economic Surveys: Greece.

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