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Paying the price: looking back, learning, looking forward.

Publication: International Peace Update
Publication Date: 01-SEP-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Paying the price: looking back, learning, looking forward.(Editorial)

Article Excerpt
The 2008 Yearbook from the Stockholm International Peace Research Institute (SIPRI) states that:

* Global military expenditures in 2007 was a colossal US$1,339 billion--a real-terms increase of 6 per cent over 2006 and of 45 per cent since 1998;

* The USA's military spending accounted for 45 per cent of the world total in 2007, followed by the UK, China, France and Japan, with 4-5 per cent each;

* Since 2001 US military expenditure...

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