ABSTRACT:
The article surveys existing peace research hypotheses about the relationship between dependency, the military sector and social and economic development in the world system. The evidence, based on World Bank, ACDA and SIPRI data support the hypothesis that militarism in the Third World is related to political instability, and that dependency (IMF indicator net direct investment incomes per GDP) is very closely related to income inequality, also in a time series perspective. The article also debates South Korea as a case study about militarism and economic growth.
