This study attempts to address the performance of military and civilian regimes in promoting socioeconomic development and providing military policy resources in the Third World. Using pooled cross-sectional time series analysis, three models of socioeconomic and military policy performance are estimated for 66 countries in the Third World for the period 1965-1985. These models include the progressive, corporate self-interest, and conditional. The results indicate that socioeconomic and military resource policies are not significantly affected by military control. Specifically, neither progressive nor corporate self-interest models are supported by Third World data. In addition, the conditional model is not confirmed by the data. Thus, a simple distinction between military and civilian regimes is not useful in understanding the consequences of military rule.