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Contents

SIPRI Yearbook 2011

SIPRI Yearbook 2011

VI. Brazil

Chapter:
4. Military expenditure
Source:
SIPRI Yearbook 2011
Author(s):
Sam Perlo-Freeman, Julian Cooper, Olawale Ismail, Elisabeth Sköns, Carina Solmirano

In 2010 Brazil’s military spending was 59 billion reais ($33.5 billion), 9.3 per cent higher in real terms than in 2009. Between 2001 and 2010, military expenditure rose by 30 per cent, an annual average of only 2.9 per cent. The slow increase over the decade is explained by the cut of 20 per cent made to the military budget in 2003 by President Luiz Inácio Lula da Silva as part of his ‘zero hunger’ programme.67 While this cut reversed a steadily rising trend since the mid-1990s, from 2004 military expenditure rose again, at an annual average of 6.9 per cent in 2004–2010. Between 2003 and 2010 Brazilian military expenditure was consistently 1.5–1.6 per cent of GDP, indicating that military spending increases have been broadly in line with economic growth. However, a financial adjustment programme proposed by President Dilma Rousseff in early 2011 aimed at slowing the rate of GDP growth includes a cut of 27 per cent in the planned military budget for 2011.68

Citation (MLA):
Perlo-Freeman, Sam, Julian Cooper, Olawale Ismail, Elisabeth Sköns, and Carina Solmirano. "4. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 16 Dec. 2018. <http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-39.xml>.
Citation (APA):
Perlo-Freeman, S., Cooper, J., Ismail, O., Sköns, E., & Solmirano, C. (2016). 4. Military expenditure. In SIPRI, SIPRI Yearbook 2011: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 16 Dec. 2018, from http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-39.xml
Citation (Chicago):
Perlo-Freeman, Sam, Julian Cooper, Olawale Ismail, Elisabeth Sköns, and Carina Solmirano. "4. Military expenditure." In SIPRI Yearbook 2011: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 16 Dec. 2018, from http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-39.xml
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