This preliminary study examines the problem of tradeoffs between defense and different sectors of economic activity. The findings demonstrate the inappropriateness of the techniques used in a number of previous studies. The evidence also suggests that the extent to which a sector is affected by...

Objectives, background, context -- Population trends in China and India: -- Demographic dividend or demographic drag? -- China-India: a macroeconomic assessment -- Science and technology -- Chinese & Indian defense and defense procurement spending to 2025 -- Conclusions and implications --...