........"we hear much less about another important spin-off of Asia's growth miracle: the regional arms build-up. Just as the global economic balance has shifted towards Asia, so has the military balance.
And in the same way the global economic transformation is taking place faster than anticipated, the military balance is shifting more quickly than many expected.
Figures published by the Stockholm International Peace Research Institute show that military expenditure in the Asia-Pacific region grew steadily during the 1990s but then picked up sharply in the past decade. Between 2000 and 2010 expenditure surged from about $US161 billion to just under $US290 billion, an increase of nearly 80 per cent".........LINK
No comments:
Post a Comment