May 192010
 

Excerpts from You get what you pay for!

Which is the better investment?

According to the Women’s International League for Peace and Freedom, one year of the world’s military expenditure (USD 1464 billion 2008) is equivalent to 700 years of the UN regular budget or to 2928 years of the new women’s agency.

The World military spending in 2008 was 1 464 000 000 000 USD or 4 000 000 000 USD per day.

“Funding gender equality, as set out in the Millennium Development Goals, costs less than 20 percent of military spending.”

“The World Bank has estimated that it would cost US$ 7-13 per capita to finance interventions directly aimed at achieving gender equality in low-income countries. The amount spent on French military equipment in one year would cover this need for a whole year. The amount that the USA spends on military research and development in one year would be enough to cover this need for five years.

Reducing the gender gap at all levels of education is one indicator of gender equality. Meeting the target of gender parity in secondary education would cost about US$ 3 billion in additional resources.  

This equals to less than the cost of 9 days of occupying Iraq (or four days depending on who you ask).”

 Top 10 Military Spenders  

 USA   607 000 000 000 USD

China  84 900 000 000 USD

France  65 700 000 000  USD

UK  65 300 000 000 USD  

Russia  58 600 000 000 USD

Germany  46 800 000 000 USD

Japan  46 300 000 000  USD

Italy  40 600 000 000  USD

Saudi Arabiae  38 200 000 000 USD

India  30 000 000 000  USD

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