The SIPRI Update for November 2013 is out now — read it online, or subscribe to receive the SIPRI Update in your inbox each month.
This month's SIPRI Essay is by Dr Gary Milante, the Director of SIPRI's new Macroeconomics of Security Programme. Dr Milante writes:
It is easy to measure how much food or fuel a dollar can buy, but how much security can a dollar buy? This deceptively simple question is a difficult one for even the most advanced economies in the world. SIPRI’s new Macroeconomics of Security Programme seeks to understand how policymakers, particularly in developing countries, balance their spending on security and defence against other public goods, including development, governance, health and education.