The Military Rise of China: (Record no. 47869)

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control field 47869
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name ROBERTSON Peter E.
Relator term Author
245 ## - TITLE STATEMENT
Title The Military Rise of China:
Remainder of title The Real Defence Budget Over Two Decades/
Statement of responsibility, etc. Peter E. Robertson
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
520 ## - SUMMARY, ETC.
Summary, etc. Despite growing tensions over China’s military build-up and modernization, there is little understanding of China’s defense budget. Published estimates vary implausibly from one quarter of the USA’s defense budget to near parity, and there are very few attempts to understand how its size or composition has changed over time. This paper uses index number techniques to quantify China’s real defense spending over time and relative to the USA. I construct price deflators and show that overall growth has been slower than thought, but also that there has been extremely rapid growth in real military equipment spending that has transformed China’s defense forces. China’s real defense purchasing power is also found to be 60% larger than commonly used market exchange rate estimates and equal to 59% of the USA’s defense budget in 2021. Notwithstanding the rapid growth in equipment, the high relative purchasing power mostly reflects China’s far larger number of active personnel.
598 ## - BULLETIN HEADING
Bulletin Heading MILITARY SPENDING, INTERNATIONAL SECURITY, CHINA, PURCHASING POWER, NEWARTICLS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MILITARY SPENDING
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Topical term or geographic name entry element INTERNATIONAL SECURITY
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Topical term or geographic name entry element CHINA
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Topical term or geographic name entry element PURCHASING POWER
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Related parts The Military Rise of China: The Real Defence Budget Over Two Decades, Volume 35, Number 7, 2024, Page 809-825
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Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
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Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total checkouts Full call number Date last seen Price effective from Koha item type
    Dewey Decimal Classification     Mindef Library & Info Centre Mindef Library & Info Centre Journals 08/01/2025   CHINA'S MILITARY 08/01/2025 08/01/2025 Journal Article