The rift in NATO has left many wondering about Europe's ability to support Ukraine or even defend itself. According to the most recent SIPRI data the USA' military spending, of nearly a trillion dollars ($US997b), dwarfs the rest of NATO, who spent only $US507b.1 Nevertheless the rest of NATO’s defense budget is still much larger … Continue reading Can Europe Defend Itself? NATO’s Real Military Spending
NATO – Real Contributions by Country
The Economist Magazine's Graphic Detail column recently reported on military spending across countries for 2023, based on SIPRI's measures of defence spending and this sites military PPP data. This week the International Institute of Strategic Studies (IISS) also released a new report commenting on significant military spending of some NATO countries, such as Poland, when … Continue reading NATO – Real Contributions by Country
World Military Spending- The Economist
The Economist magazine takes PPP exchange rates seriously. Using price data to construct real exchange rates allows more meaningful compassions of real military inputs across countries. This is my fourth collaboration with The Economist's data team in the Graphic Analysis column. They have reported on SIPRI's latest update of world military spending in 2023. Thee … Continue reading World Military Spending- The Economist
China’s Defence Budget – Discussion with James Laurenceson at UTS ACRI
How significant are the resources that the PRC is now devoting to its military compared with previously? How significant are these resources compared with other countries, notably Australia’s security ally, the US? What capacity does Australia have to respond? I discussed these issues with Professor James Laurenceson, ACRI Director at The University of Technology Sydney. … Continue reading China’s Defence Budget – Discussion with James Laurenceson at UTS ACRI
China’s Defence Budget Relative to the USA – Commentary
This Ope-Ed in Foreign Policy adds some flavour to China's military spending numbers, measured in PPP. It cautions against reading too much into claims that the USA's defense budget is bigger than the next ten countries combined and far larger than China's dfenese buget. This is is the result of collaboration with Wilson Beaver at … Continue reading China’s Defence Budget Relative to the USA – Commentary
China’s Military Rise. How big is the spending gap and how fast is it catching-up with the USA?
In this paper I discuss China's real defence budget over 20 years to look at real growth over time, the changing composition, and the real spending gap between China and the USA. Down the published paper here, I find that: (i) China’s has dramatically closed the gap and defense purchasing power is 59% of the … Continue reading China’s Military Rise. How big is the spending gap and how fast is it catching-up with the USA?
“The Defense Budget Bogeyman”, by Sean Morgan
The Defense Budget Bogeyman by Sean Morgan is an good introduction to understanding the USA's defense budget in an intrenational context. The graph featured and below highlights market exchange rate and military PPP differences.
Power From the People: India, China and the Implications of Population Size
China-India Brief #220, February 15, 2023 - March 02, 2023, Centre on Asia and Globalisation, Lee Kuan Yew School of Public Policy by Peter Robertson The remarkable fact about both China and India’s large populations is that they have meant so little for so long. By April 2023, India is predicted to overtake China as … Continue reading Power From the People: India, China and the Implications of Population Size
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