SIPRI’s Macroeconomics of Security Programme explores security and defence in developing countries. The programme appraises the fiscal implications of the delivery of private and public security and the implications for socio-economic development and peace.
The economic analysis explores broad trends, particularly with a view to identifying the opportunity cost of military expenditure in fragile and conflict-affected countries. In addition, the programme examines security reform and public expenditure review processes in the security sector, identifying where those have been successful and what can be learned from them.
The programme contributes to the global conversation on measuring security and peace in developing countries in order to contribute to a post-2015 framework and the development of peacebuilding and state-building indicators. The objective is to bring these findings to policymakers, practitioners and advisors in developing countries, particularly fragile states that can use them the most.
27 Nov. 2013: How much security can a dollar buy?
SIPRI Essay by Gary Milante
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. Continue reading >>