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The Extent to Which Military Spending Has Promoted Economic Growth in Asia

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In Japan, ex-soldiers are well known for their discipline and hard work in various industry sectors that they involve. The military training system is designed in such a way that it demands the best of the contribution of the soldiers. Military expenditure in most Asian countries has a big influence on the development of their infrastructure. The military is always involved in the creation of infrastructures such as roads, bridges, airports, docks, and many others (Adams, Behrman & Boldin 1991, p. These infrastructures usually help in enhancing economic activities in a country.

Enhance economic activities are likely to positively reflect on the economic growth and development of a country. A good example of military involvement in Asia is the Chinese military involvement in the strategic road in Tibet. Apart from the involvement in the building of infrastructure, the military expenditure can also contribute to a country’ s economy through activities such as mapping, disaster rehabilitation, surveying, meteorological and geological researches. These activities usually influence economic growth in a country either directly or indirectly. For instance, during the floods of Thailand in the year 2011, the military was used extensively in the rescue mission and the disaster rehabilitation process in general.

Failure to promptly respond to natural calamities and disasters such as floods can lead to the occurrence of undesirable economic consequences. The main purpose of the government to invest in the military is the security effect that results from having a strong military. Security is a requirement for social, political, and economic wellbeing. This makes military investment important for the economic growth of a country. This means that a country that is having more military expenditure is likely to have more economic activities going on within its borders.

A country that is known for its high-security standards is likely to attract more investors as compared to those that have fewer security standards (Murdoch, Pi & Sandler 1997, p. )

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