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Statistics and facts about defense spending and arms trade

If recent statistics are anything to go by, future developments in the worldwide trend of military expenditure are not expected to make hopeful reading for those who advocate global disarmament. 

Despite the austere fiscal policies that have been adopted in many of the world's developed nations, military expenditure has suffered little, and in nations like India and China - countries that have in recent years enjoyed periods of economic growth - decisions in military spending seem to be indicative of a strategic choice in a long-term bid for regional and global influence, often cited by watchers as being the inevitable rise of Asia.

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