Military Spending And Global Security

Global military expenditure reached an estimated $1,822 billion in 2018 and this book questions what that spending responds to and indeed what that entails in terms of global security. The book draws from prior knowledge and research on military expenditure but introduces an all-encompassing, in-depth and original analysis of military spending as a key and often overlooked factor of global instability, delving into the present and future consequences of its perpetual growth, as well as confronting the reasoning behind it. The authors argue that increasing military expenditure is not the best response to the emergencies militarization itself has helped create. They assert that militarization is paradoxically both a cause of and a response to the grave challenges our society is facing. The book explains why people are not well served by nation-states when they continuously seek to out-compete one another in the size and destructive powers of their militaries. It discusses the scope of military spending around the world, while explaining how militarism is linked with conflict and security threats, and how military spending further prevents us from adequately dealing with global environmental problems like climate change. A must-read for scholars, researchers and students from a wide range of disciplines. It will also find an audience among professionals from the third sector and activists working on issues related to peace, security and militarism, as well as social and climate justice.

The purpose of this book is to analyse world military expenditure at the end of the 1980s, and to discuss its political and economic implications. After a decade of unprecedented expansion of international military spending, its level is falling, though modestly. Political developments in Europe and the success of arms control negotiations raise hopes for further reductions. In addition, technological and economic structural disarmament is adding to the pressure for reductions. However, performance has not matched up to promises, and formidable obstacles to defence spending limitations still remain. Military Expenditure surveys recent events and describes the process of change that characterizes international military expenditure, and its determinants, at this time of transformation.

In the name of international and domestic security, billions of dollars are wasted on unproductive military spending in both developed and developing countries, when millions are starving and living without basic human needs. This book contains articles relating to military spending, military industrial establishments, and peace keeping.

Economics of Peace and Security is a component of Encyclopedia of Development and Economic Sciences (EOLSS), which is an integrated compendium of twenty one Encyclopedias. The theme explores the history of economic thought on war and peace, the defense budget process, patterns in military expenditure, procurement issues, the increasing globalization of the arms trade, arms race issues, global and regional security alliances, nuclear, biological, and chemical weaponry, the still much needed peace dividend, the economics of peace agreements, issues of conversion of resources from military to civilian ends, peacekeeping, the building of peacekeeping institutions, and other topics. All this is a "sampler plate" of what economics has to offer. This volume is aimed at the following five major target audiences: University and College Students Educators, Professional Practitioners, Research Personnel and Policy Analysts, Managers, and Decision Makers, NGOs and GOs.

The objective of this book is to present an integrated set of original papers from leading authorities in the field related to optimal balance between arms reduction and regional and international security. The emphasis is on economics and management rather than politics and diplomacy.

"Mel Goodman has spent the last few decades telling us what's gone wrong with American intelligence and the American military, and now, in National Insecurity, he tells us what we must do to change the way the system works, and how to fix it. Goodman is not only telling us how to save wasted billions—he is also telling us how to save ourselves."—Seymour M. Hersh, The New Yorker Upon leaving the White House in 1961, President Eisenhower famously warned Americans about the dangers of a "military industrial complex," and was clearly worried about the destabilizing effects of a national economy based on outsized investments in military spending. As more and more Americans fall into poverty and the global economy spirals downward, the United States is spending more on the military than ever before. What are the consequences and what can be done? Melvin A. Goodman, a twenty-four-year veteran of the CIA, brings peerless authority to his argument that US military spending is indeed making Americans poorer and less secure while undermining our political standing in the world. Drawing from his firsthand experience with war planners and intelligence strategists, Goodman offers an insider's critique of the US military economy from President's Eisenhower's farewell warning to Barack Obama's expansion of the military's power. He outlines a much needed vision for how to alter our military policy, practices and spending in order to better position the United States globally and enhance prosperity and security at home. Melvin A. Goodman is the Director of the National Security Project at the Center for International Policy. A former professor of international security at the National War College and an intelligence adviser to strategic disarmament talks in the 1970s, he is the author of several books, including the critically acclaimed The Failure of Intelligence.

Published each year since 1959, The Military Balance is an indispensable reference to the capabilities of armed forces across the globe. It is used by academia, the media, armed forces, the private sector and government. It is an open-source assessment of the military forces and equipment inventories of 171 countries, with accompanying defence economics and procurement data. Alongside detailed country data, The Military Balance assesses important defence issues, by region, as well as key global trends, such as in defence technology and equipment modernisation. This analysis is accompanied by full-colour graphics, including maps and illustrations. With extensive explanatory notes and reference information, The Military Balance is as straightforward to use as it is extensive. The 2022 edition is accompanied by a fullcolour wall chart illustrating security dynamics in the Arctic.