Defense budgets are a mirror to a country's strategic intentions and its potential to threaten others. By every measure, Singapore's military spending - approximately one-third of government operating expenditures (or 4.5% of GDP on average) - seems to run counter to its well publicised deterrence policy.
In fact, Singapore has plenty of artillery with a range longer than its island is wide, so one can only assume that it plans on shelling Malaysia sometime.
Technorati Tags: Singapore SIPRI Economist military spending defense budget GDP deterrence policy
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