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revsoc21.uk | ||
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mronline.org
Superficially in the recent period the U.S. has attempted to display two apparently contradictory sides of its policy to China. |
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cepr.org
The Soviets matched the US only by spending up to 20% of GDP on the military during the Cold War. This column argues that, in stark contrast to this example, China has the potential to match the US in certain military spheres with similar burden on its economy. Using exchange rates comparisons significantly understates the Chinese military spending. A much more realistic assessment is obtained using PPP terms. If both countries spent the same fraction of their GDP on the military, the relative size of China's military machine would be more than 90% of the US one. |
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www.lrb.co.uk
One has to wonder whether the advocates of a new Cold War have taken the measure of the challenge posed by 21st-century... |
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roape.net
[AI summary] The content is a cookie consent notice and introductory information about the Review of African Political Economy (ROAPE) journal, including subscription details. |
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