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Defence spending
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This chapter argues that peaceful high-income countries can enter a phase of what others have termed ‘defence austerity’, in which budgets are cut and military structures put to question. There is a lack of studies that can contextualise what occurs in nations after democratisation, becoming, among other things, more institutionally responsible, financially sustainable, and risk-averse to the idea of traditional war, such as Chile. The defence austerity trade-off has reinforced a desire for more transparency in military expenditure and the depoliticisation of the armed forces, moving away from the legacy of Pinochet’s dictatorship. Defence austerity has been partly embodied in military expenditure, which dropped from 4,2 per cent in 1990 to less than 2 per cent as a share of GDP. Meanwhile, in the same period the nation has become richer, climbing from US$ 2,300 to US$ 15,400 on the GDP per capita index. Considering a slow economic growth for the advanced democracies and the emerging markets in the years to come, the chapter explores defence policymaking under austere budgeting. It presents evidence to argue that politicians struggle to finance a myriad of public policy areas in which defence and security compete for resources that could be well provided to health, education, employment, or housing. The chapter concludes that more stringent measures of financing and money allocation should be put in place.

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Governing the military

The armed forces under democracy in Chile

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