February 20, 2017
US military technology superiority is challenged as reaching near parity in some capability areas
china, future, geopolitical, russia, united states, world
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The Military Balance 2017 is the annual assessment of global military capabilities and defence economics from the IISS (International Institute for Strategic Studies, London)
There has been no reduction in the range and number of security challenges demanding the attention of policymakers. Conflict and insecurity continue in Africa, the Middle East and, in the case of Ukraine, in Europe too. North Korea still develops and tests its missile capabilities. More attacks in 2016 highlighted the challenge from transnational terrorists. More states are willing to take military action in pursuit of their national security objectives. Meanwhile, the balance of global military spending continues to shift towards Asia.
From 2012 to 2016, real-terms defence spending across Asia grew by 5–6% each year. However, total global military spending in 2016 fell by 0.4% in real terms when compared to 2015, largely driven by reductions in the Middle East. The fall would have been larger were it not offset by increases in Asia. After overtaking Europe as the second largest defence spending region in 2012, Asia in 2016 spent 1.3 times more than Europe on defense when measured in constant 2010 US$.
http://www.nextbigfuture.com/2017/02/us-military-technology-superiority-is.html
