Globally relevant Essay Example | Topics and Well Written Essays - 1500 words

Globally relevant - Essay ExampleThis results in no disarmament at all. Also, certain counties have threats from other countries. Such countries have, therefore, a national interest in having weapons. Countries that have weapons are facing a grass of pressure from other countries. The powerful countries of the land are co-operating the least in the movement against weapons. Such countries have the capacity to create weapons of mass destruction that involve nuclear and biological weapons. However, poorer countries are also gaining access to such weapons. That is continuously giving chances to terrorists to strengthen themselves and create big disasters. Further, many an(prenominal) countries allot a enormous portion of their budgets to making or acquiring of weapons. The same amount can also be spent on education, environment or other extend projects, but it does not happen due to the requirement of a strong legions. There is also very limited gun control in many countries whi ch is why the percentage of gun violence related incidents is very high. According to Stockholm International Peace Research Institute (SIPRI)s recent trends summary, world military expenditure in 2010 was estimated to have reached $1.63 trillion at 2010 prices. This is almost 2.6 percent of world gross domestic product (GDP) or $236 for each soul in the world. Out of the total military expenditure in the whole world, the expenditure by the US accounts for 41% of it. SIPRI also found out that the major(ip) portion of the total military expenditure in the world is made by large countries. 15 major countries of the world spend 81.8% of the total military expenditure. An important point is that the world faced a very bad economic depression in 2008 hence resulting in many countries cutting their using up in various sectors. However, the spending in the military sector is continuously on a rise. It does not seem to be justified but it has well-grounded reasons. (GlobalIssues) Just be fore the time the depression arrived, it was not reasonably foreseeable. It could not have been expected that a crisis of such magnitude was about to hit. Many countries were sharp with their economic growths and they had easy access to credit. They had their fixed or pre-planned foreign policy objectives, the knowledge of available resources were satisfactory, the peacekeeping operations were expected to go as radiation diagram and the policies were fixed. Countries like China and India saw a boom in the economies and they increased the spending on military. Also, the high prices of minerals and fossil fuels enabled quite a few countries to increase military expenditure. However, after the 2008 financial crisis had hit, military spending still appears to have increased. It has been observed by SIPRI that some nations like China and India did not face a financial crisis but continued to grow. As the financial crisis hit big countries like the US, the governments responded by emplo ying expansionary fiscal policies according to which they increased the government expenditure. Among these expenditures which were made to coming back the crisis, many new military projects were started too which is why there has been an increase in the total military spending. Most importantly, many countries have continued to place the strategic and geopolitical concerns above other matters. If these concerns demanded an increase in military expenditures, the governments did not hesitate to increase the spending despite dire economic straits. In contrast,