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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.
This book examines the impact defense spending has on economic growth. While defense spending was not deliberately invented as a fiscal policy instrument, its importance in the composition of overall government spending and thus in determining employment is now easily recognized. In light of the collapse of the Soviet Union and the consequent reduction in the threat to the security of the United States, maintaining defense spending at the old level seems indefensible. The media has concentrated on the so-called peace dividend. However, as soon as the federal government is faced with defense cuts, it realizes the macroeconomic ramifications of such a step. Based on studies included in this volume, we examine the effects of defense spending on economic growth and investigate how the changed world political climate is likely to alter the importance and pattern of defense spending both for developed and developing countries.
Analysis of the FY 2021 Defense Budget from the CSIS Defense Budget Analysis program provides an in-depth assessment of the Trump administration's request for national defense funding in FY 2021. The analysis addresses overall trends in the defense budget, changes in the FY 2021 request, and issues for Congress and the next administration to consider. It also covers the budgets of the National Nuclear Security Administration and the Space Force.
Analysis of the FY 2022 Defense Budget from the CSIS Defense Budget Analysis program provides an in-depth assessment of the Biden administration’s request for national defense funding in FY 2022. It outlines priorities for the ongoing and completed strategic reviews—including the National Defense Strategy, Nuclear Posture Review, Missile Defense Review, and Global Posture Review—and their potential budgetary effects. The report concludes by assessing current congressional action on defense appropriations for FY 2022 and identifying key issues for the FY 2023 budget request.
This book presents a detailed and rigorous quantitative economic assessment, analysis, and interpretation of the causes and consequences of regional defense expenditures in countries in the Middle East and South Asia. It examines the relationship between defense spending and budgetary allocations.