What’s driving up global military spending?
Military expenditure around the world has hit a new record.
Global military spending has soared to an all-time high.
It reached a whopping $2.2 trillion last year. That’s according to data just published by the think-tank the Stockholm International Peace Research Institute (SIPRI). It’s the biggest year-on-year increase since the end of the Cold War.
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Russia’s invasion of Ukraine has led to an immediate surge in spending in Europe and elsewhere.
Can this trend be reversed?
Presenter: Imran Khan
Guests:
Elisabeth Braw – Senior fellow focused on foreign and defence policy at the American Enterprise Institute
Major General S B Asthana – Former director-general of infantry in Indian Army; director of the United Service Institution of India, a national security and defence services think-tank
Domitilla Sagramoso – Senior lecturer in security and development at King’s College London
Published On 24 Apr 2023