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Contents

SIPRI Yearbook 2011

SIPRI Yearbook 2011

II. Regional trends and major spenders

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

Boxes 4A.1–4A.6 highlight the significant trends in military spending, globally and in the Americas, Africa, Asia and Oceania, Europe, and the Middle East. The figures suggest that the global financial and economic crisis that broke in 2008 is beginning to have an impact on world military spending, although there are considerable regional variations in this pattern. The regions and subregions in which military spending grew most rapidly in 2010 were South America (5.8 per cent), Africa (5.2 per cent) and Oceania (4.1 per cent). Across Asia and Oceania as a whole, however, the increase was only 1.4 per cent, one of the lowest rates in recent years, while military spending fell in Europe, by 2.8 per cent. The changes in Europe and Asia reflect the delayed effects of the economic crisis: in Europe, governments focused on tackling deficits, while in Asia the slower rate of growth appears to reflect an adjustment to the lower economic growth experienced in the crisis years.

Citation (MLA):
Perlo-freeman, Sam, Olawale Ismail, Noel Kelly, Elisabeth Sköns, and Carina Solmirano. "4. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 15 Dec. 2018. <http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-44.xml>.
Citation (APA):
Perlo-freeman, S., Ismail, O., Kelly, N., Sköns, E., & Solmirano, C. (2016). 4. Military expenditure. In SIPRI, SIPRI Yearbook 2011: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 15 Dec. 2018, from http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-44.xml
Citation (Chicago):
Perlo-freeman, Sam, Olawale Ismail, Noel Kelly, Elisabeth Sköns, and Carina Solmirano. "4. Military expenditure." In SIPRI Yearbook 2011: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 15 Dec. 2018, from http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-44.xml
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