English
WORLD MILITARY SPENDING
From the year 1998 till today the world military spending has rose to $1600 billion dollars because of economic crisis. It makes public spending less as the military spending increases every year. It should be noted that before the crisis the world was enjoying all the good economic growth that was developing. The effects on the world military spending are foreign policy objectives, threats, conflicts and availability of economic resources. China and India are having economic boom in recent years and are rising world market price for minerals and fossil fuels, also enabled some nations to spend a lot on their military. These are the two countries that have never experienced a downturn in their economy and have been enjoying it. All the smaller countries especially in the central Europe, the military spending has been cut out because the U.S. has spent a lot of money on it as it is the highest military spending country it the world. An increase in oil prices all relates on the spending because the exporting prices have increased due to lack of natural recourses. The two most developing countries, China and India have been increasing their military spending and it about a fraction of U.S.A.s spending which save a lot of money for both countries which is used in public spending. Some countries are spending on military just for their countries safety and develop their economy and some countries spend on military to prepare for future war. The UN was created after World War II with leading efforts by the United States and key allies. The UN was set up to be committed to preserving peace through international cooperation and collective security.Yet, the UN’s entire budget is just a tiny fraction of the world’s military expenditure, approximately 1.8%While the UN is not perfect and has many internal issues that need addressing, it is revealing that the world can spend so much on their military but contribute so little to the goals of global security, international cooperation and peace. United Nations and Development looks at its role in fighting poverty and other issues, plus some of the problems it faces. The United States has unquestionably been the most formidable military power in recent years. Its spending levels, as noted earlier, is the principle determinant of world military spending and is therefore worth looking at further. Generally, US military spending has been on the rise. Recent increases are attributed to the so-called War on Terror and the Afghanistan and Iraq invasions, but it had also been rising before that.
With the change in presidency from George Bush to Barack Obama, the US has signaled a desire to reform future spending and already indicated significant changes for the FY 2010 defense budget. For example, the US has indicated that it will cut some high-tech weapons that are deemed as unnecessary or wasteful, and spend more on troops and reform contracting practices and improve support for personnel, families and veterans. There is predictable opposition from some quarters arguing it will threaten jobs and weaken national security, even though spending has been far more than necessary for over a decade. The Friends Committee on National Legislation argues that the job loss from decreased military spending argument is weak: “It is true that discontinuing weapons systems will cause job loss in the short term, but unnecessary weapons manufacturing should not be considered a jobs program (that would be like spending billions of dollars digging holes), and research shows that these jobs can be successfully transferred to other sectors.” In other words, this is unnecessary and wasted labor (as well as wasted capital and wasted resources). At all spending a lot on military makes public spending less which makes people form riots in the whole country.
With the change in presidency from George Bush to Barack Obama, the US has signaled a desire to reform future spending and already indicated significant changes for the FY 2010 defense budget. For example, the US has indicated that it will cut some high-tech weapons that are deemed as unnecessary or wasteful, and spend more on troops and reform contracting practices and improve support for personnel, families and veterans. There is predictable opposition from some quarters arguing it will threaten jobs and weaken national security, even though spending has been far more than necessary for over a decade. The Friends Committee on National Legislation argues that the job loss from decreased military spending argument is weak: “It is true that discontinuing weapons systems will cause job loss in the short term, but unnecessary weapons manufacturing should not be considered a jobs program (that would be like spending billions of dollars digging holes), and research shows that these jobs can be successfully transferred to other sectors.” In other words, this is unnecessary and wasted labor (as well as wasted capital and wasted resources). At all spending a lot on military makes public spending less which makes people form riots in the whole country.