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South American defence

Posted by Matt in May 30th, 2008

Speak fraternally but carry a stick. Is there a new arms race—or just overdue retooling of armies?

Even as its leaders talk, Latin America is re-arming—or rather some South American countries are. In the broader region, including Mexico, Central America and the Caribbean, total defence spending shot up to $38 billion in 2007 from $25 billion in 2003, according to the International Institute for Strategic Studies (IISS), a London think-tank. The military budgets of the biggest spenders—Brazil, Colombia, Chile and Venezuela—have been rising faster. Brazil announced a rise of 50% (or $10 billion) in its spending on hardware for 2008-11.

Two things are driving the spending increases. First, military budgets were cut after many Latin American nations turned their back on military rule in the 1980s.

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Map for Brasilia, Brazil

[Countries link to CIA Factbook. States link to Wikipedia.]


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