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After growing for a number of years, the annual global military spending, they seem to have reached the highest value in 1990. As a result of subsequent improvement in the political climate in the world now have reason to believe that their volume will decrease. Now, however, the volume of world military spending is still at more than 850 billion dollars. US per year, which corresponds to 1.7 million dollars. US per minute. Over 80 percent of this amount is spent on conventional armaments and armed forces. Even in the states possessing nuclear weapons, the bulk of military spending goes to conventional vooruzheniya.V Overall, the share of the industrialized countries accounts for nearly 80 percent of total military spending worldwide.
Calculation of global military spending is inevitably inaccurate due to lack of data . In addition, there are difficulties associated with differences in the exchange rates of national currencies in the system of military production and costing of military products, as well as in the structure of prices in the civilian and military sectors. To address these issues, the General Assembly of the United Nations established in 1980, a standardized reporting system, and subsequently every year, encouraged Member States to submit annual reports to the Secretary-General on the level of its military spending, prepared on the basis of this system. In 1988, the Secretary-General has received the data from the 28 countries that used the system reporting. Since 1987, General Assembly resolutions is reflected an increasing political support for effective integrated reporting system.
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