People spend out of their pockets to finance their education and medical services, which should have been done by the state for a newly independent country. The return on investment in defence field is practically zero as most of the equipments are imported from Israel or Russia and thus this defence spending doesn't boost indegeneous science and technology. Such huge sums if invested in education or health services would have provided huge benefits to the citizens of these countries. Their cities are the dirtiest in the world and only God can tell about law and order but the desire to show one's military prowess have left them nowhere. The shame of housing maximum malnourished children and diseased people doesn't deter them from spending billions for useless military extravaganza. They can have some sort of diplomatic alliances to ensure security just like japan instead of spend money uselessly. The focus on economic development rather than military development will reap rich dividends.
Friday, November 20, 2009
india & pakistan: fight to poverty..!
These two south Asian countries may be poor but they find no difficulty in amassing huge wealth for purchasing costly fighter planes ,warships etc. According to some estimates, both these countries spend about 10% of their GDP for defence purposes. Its a different thing that they spend hardly 2% on public health services and about 4 % on education sector. This penchant for military power have made them miserably poor. Most of their citizens struggle to maintain a decent standard of living.
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