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How
World Military Spending Could Be Better Used
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"At a time when global poverty eradication and development goals are not being met due to a shortfall of necessary funds, rising global military expenditure is a disturbing trend," - 2004 U.N. Study Global Priorities: In 1996, the World Game Institute conducted a study entitled What the
World Wants. Analysts estimated that for approximately 30% of the 1996
world military expenditures ($810 billion), all of the following could
have been accomplished: Military Spending Vs. the United Nation's Budget: The UN's entire budget is only a tiny fraction of the world's military expenditure, approximately 1.5%. [2] "The United Nations and all its agencies and funds spend about $10 billion each year, or about $1.70 for each of the world's inhabitants. This is a very small sum compared to most government budgets and it is just a tiny fraction of the world's military spending. Yet for over a decade, the UN has faced a debilitating financial crisis and it has been forced to cut back on important programs in all areas. Many member states have not paid their full dues and have cut their donations to the UN's voluntary funds. At the end of December 2003, members owed the UN $1,602 billion, of which the United States alone owed $762 million (48% in total and 73% of the regular budget)." -- UN Financial Crisis, Global Policy Forum. December
2003
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