1. South Korean Defense Budgets 2017-2019: Paying More Despite a Reduced Threat?
- Author:
- Todd B. Boese
- Publication Date:
- 10-2019
- Content Type:
- Journal Article
- Journal:
- International Journal of Korean Studies
- Institution:
- International Council on Korean Studies
- Abstract:
- This article analyzes the defense budgets of the Republic of Korea for 2018, 2019, and 2020 in order to determine if the requirements and objectives articulated in government policy rhetoric are receiving increased fiscal resources. Funding for programs associated with policy objectives indicates the political importance of those objectives. Determination of funding levels for budget programs is based on analysis of documents published by the ROK National Assembly, while identification of defense requirements and objectives is based on a review of statements made by the South Korean government. This research concludes that increases to the defense budget are not driven by changes in the security environment or security policy, but rather are a function of government expansionary fiscal policy. However, increased funding for aircraft programs in conjunction with decreased funding for maneuver and firepower programs does reflect the government’s objective to build a more balanced military force.
- Topic:
- Defense Policy, Government, Budget, and Defense Industry
- Political Geography:
- Asia and South Korea