When it comes to
military outflow and economic development, there are three kinds of
relationships: positive, negative, and neutral, depending on whether it aids or
hinders the economy
In order to have a
multifaceted, perplexing, and vigorous approach for the country’s setting,
Pakistan must increase its military spending. Pakistan spends over 3
percent of its GDP on defense, which means that 97 percent of that money might
be better spent by reducing surplus, cultivating skills, and increasing
capacity at all levels. The 3 percent could be used to help the economy,
especially through conversions.
War may be more
expensive than guarding the state’s defense capability; therefore for a country
like Pakistan, which has already invested heavily in its military, retaining
erudite soldiers is exorbitant. Innovation that gives security and safety to
the state while also offering possibilities for economic recovery can provide
the basis for sensible industrial strategy by investing in defense
infrastructure and spending.
Growing security
concerns in Pakistan, such as inter-state border issues linked to the merger,
racial tensions, and radicalization within the country, have an impact on the
battle on radicalism. Since independence, India’s strategy and investment have
dominated Pakistan’s defence industry. India, on the other hand, has accused
China of starting a conventional and nuclear arms race in the region. Threat
perceptions and security challenges have sparked a Subcontinent-wide weapons
race. Expenditures on the budget are separated into two groups. Non-development
expenditures include defense and interest payments, while development
expenditures include social communities, services, and economic services.
The idea that
“military spending” was a non-development expenditure shifted dramatically in
the post-Cold War era, with many individuals believing that military spending
does not fit within the category of development investment. Defence investment
and the defence sector are considered as a source of increased demand and
employment, particularly in developing countries. The global defence sector
generates trillions of dollars annually. Military investment may have a
favourable effect on the development of the industrial sector in the world’s
least developed countries. By selling armaments and other related equipment,
the defence business brings in billions of money for countries.
Defence investment and the defence sector,
particularly in emerging nations, are considered as sources of increased demand
and employment. The global military industry generates trillions of dollars in
revenue every year. Military spending in the world’s least developed countries
may have a favourable influence on the industrial sector’s growth.
Defence businesses
globally earn billions of dollars each year. There are plans for Pakistan’s
military sector to be indigenized as part of the country’s independence.
By 2009, Pakistan’s
defence sector was expected to have furnished equipment worth $6.3 billion,
with a total value of $10.4 billion by 2015. The majority of the items were
made for the military’s domestic requirements. In defence work, Pakistan has
followed a strategy of self-assurance. Since 2002, a scheme has been in place
to lower the current capacity of defence industrial facilities in order to
promote the export of arms. As a result, the country’s armament exports more than
tripled in 2012, hitting $300 million, up from $100 million in 2006 and $40
million in 2000, representing a 650 percent increase (Sen, 1983).
In Pakistan, the
defence sector, on the other hand, offers health, education, transportation,
and communication, as well as other social sector-related services that
contribute to economic growth. The governments have arguments to spend more on
defence on the basis of the aforementioned reasons. One study found that
increasing defence spending through inflation boosts economic development,
especially in resource-constrained nations like Pakistan.
Furthermore, these
sectors’ Research and Development (R&D) sections aid the civil industrial
sector in terms of technical development and the development of a skilled
workforce for the country. If nuclear reactors in Pakistan are well-managed,
they will contribute to the country’s economic development by supplying energy.
Even if the military
changes the composition of its spending to more productive routes, the inequity
that welfare benefits primarily the military associated people persist. Only if
the civil administration gives value for money can the shift of resources to
more universal welfare be successful. It s unclear if the military-created
welfare is inhibiting the establishment of a universal system or is a reaction
to the one that has failed. Army welfare may become obsolete if political
governments use the possessions at their disposal more efficiently, and
resources may be dispersed more equally.
Resources can be saved
by limiting the high-ranking officers’ monetary rewards and eliminating
communication waste in inter- and intra-services setups due to underdeveloped
C4Is. General Musharraf’s administration took several noteworthy initiatives to
solve this issue. In 2002, Shireen Mazari was of the view that even at the
level of R&D, where each service appears to be “doing it alone,” the
presence of the Joint Chiefs of Staff Committee should result in extensive
coordination between the three services in terms of doctrine and induction of
new weapons systems, but the reality is otherwise.
It not only squandered
time and space, but it also squandered resources. Inter-service rivalry that
lead to final outbursts and turf wars should be eliminated, and operations
should be marked by “real jointness.” Private enterprises should be brought in
to improve capacity and efficiency, build a target-oriented approach, and free
up resources for the strategic avenues, especially in non-strategic areas.
Pakistan’s military
budget is likely to increase in the near future due to the country’s strategic
situation. As a result, it appears that Pakistan’s current military budget is
being spent in a more effective and beneficial manner for economic growth.
Steps would be taken to make the military, or at least just the military
industry, self-sufficient.
Defence investment and
the defence sector, particularly in emerging nations, are considered as sources
of increased demand and employment. The global military industry generates
trillions of dollars in revenue every year. Military spending in the world’s
least developed countries may have a favourable influence on the industrial
sector’s growth.
The military industry
earns billions of dollars for governments by selling guns and other associated
equipment. Still it seems the situation is giving the glimpse of your guess is
good as mine, as everyone comes forward with novel predictions. It may be as
useful as a chocolate teapot, nevertheless there is always room for optimistic
views dispersing positivity.