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The Impact of U.S. Troop Deployments on Economic Growth

Preliminary research indicates that (1) in the long run, U.S. troopdeployments are typically associated with positive economicoutcomes; (2) the duration of deployments matters more for long-runeconomic growth than does the intensity of deployments; (3) thegrowth payoff takes many decades to become fully effective,suggesting that patience is indeed a virtue in foreign militaryaffairs. ....

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