Abstract
However, in a large study of less developed countries, an opposite pattern seemed to appear, and this finding was so unexpected and challenging that it seemed worth exploring in detail. In the course of that exploration, a number of interesting insights were achieved as to the nature of economic development and its relation to defense activity. The study covered the growth rates, investment rates, foreign aid receipts, and certain other variables of 44 LDCs between 1950 and 1965. These materials were analyzed primarily by means of correlation analysis. The 44-country sample covered about three-quarters of the population, GNP, and defense expenditures of the developing world, other than mainland China. The sample analysis was supplemented by case studies of India, South Korea, Mexico, Israel, the United Arab Republic, and Argentina. (See table 1.)
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