Perils of Comparing Defence Spending

A Soviet propaganda poster titled: ‘The People of the World are Waiting’, with a Soviet worker asking Uncle Sam to sign a Cold War agreement which reads ‘Universal and Complete Disarmament Under International Control’. Courtesy of Shawshots / Alamy

Discussing the dangers of relying on purchasing power parity calculations to determine military investments.

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Topics

• Military History
• Defence Management and Economics

WRITTEN BY

Anand Toprani

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