Joachim Hofbauer Livres

This report analyzes the defense budgets of the five countries with the largest defense budgets in China, India, Japan, South Korea, and Taiwan. Unlike defense budgets in many other regions, defense spending in these five countries has been on the rise for over a decade. For each country, the report examines overall defense spending for the years 2000 to 2011 as well as spending on acquisition, personnel, operations and maintenance (O&M) and research and development (R&D). It closes with several key findings and suggestions for further research.