Attention Economy


Sunday, April 19, 2015

Business of War - Global Military Expenditures

SIPRI Report – TRENDS IN WORLD MILITARY EXPENDITURE, 2014
 http://books.sipri.org/files/FS/SIPRIFS1504.pdf

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Wars – Good for Business?
An interesting piece in the New York Times notes:
“As the Middle East descends into proxy wars, sectarian conflicts and battles against terrorist networks, countries in the region that have stockpiled American military hardware are now actually using it and wanting more. The result is a boom for American defense contractors looking for foreign business in an era of shrinking Pentagon budgets — but also the prospect of a dangerous new arms race in a region where the map of alliances has been sharply redrawn.”