{
    "success": true,
    "data": {
        "id": 1186795,
        "msgid": "arms-for-southeast-asia-1447893297",
        "date": "1995-09-18 00:00:00",
        "title": "Arms for Southeast Asia",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Arms for Southeast Asia In this decade of ethnic warfare, international legal and illegal arms sales and trafficking is on the increase and has become a multi-billion dollar business with plenty of room for growth.",
        "content": "<p>Arms for Southeast Asia<\/p>\n<p>In this decade of ethnic warfare, international legal and<br>\nillegal arms sales and trafficking is on the increase and has<br>\nbecome a multi-billion dollar business with plenty of room for<br>\ngrowth.<\/p>\n<p>It has been reported that the legal sales of arms, both used,<br>\nlike the 101 M-60 A-3 model tanks Thailand is thinking about<br>\npurchasing, and those off the assembly line like the Patriot<br>\nmissile interceptors sold to Taiwan and South Korea, is the<br>\nworld's second largest industry, a $250 billion business.<\/p>\n<p>It is second only to the much-heralded oil industry which<br>\ntakes in no less than $430 billion.<\/p>\n<p>Can the West afford to ignore this money spinner?<\/p>\n<p>\"The American market share of new arms deals in developing<br>\nThird World countries, especially in Southeast and East Asia,<br>\nsoared to 73 percent in 1993, up from 56 percent in 1992,\" said<br>\nthe New York Times in a recent editorial.<\/p>\n<p>By the 1980s the U.S. was committed to the largest peacetime<br>\nmilitary build-up in its history. At the same time, it cut<br>\nexpenditures for domestic education, health and other social<br>\nprograms.<\/p>\n<p>At a time when the U.S. was losing ground to competitors in<br>\nthe global markets, they invested the people's savings in the<br>\nmilitary buildup.<\/p>\n<p>The U.S. arms buildup made it look stronger, but in fact, this<br>\nwas only an illusion. By pushing people deeper into debt, it<br>\nundermined the health of its economy.<\/p>\n<p>By spending a bigger share of its scarce resources on<br>\nresearch, it further impaired its competitiveness. By absorbing<br>\nfunds that might have gone into education, it limited its future.<\/p>\n<p>After eight years of building up the military, the world's<br>\nlargest economy was really much economically weaker.<\/p>\n<p>By 1989, it favored sharp cuts in defense spending. But it was<br>\ntoo late as the recession had set in.<\/p>\n<p>With Western economies still in low gear and unemployment on<br>\nthe rise, arms manufacturers are competing, not only by<br>\nundercutting each other but also by sowing the seeds of disunity,<br>\nsuspicion and fear within the region, triggering an unprecedented<br>\narms procurement race among the ASEAN states.<\/p>\n<p>It is an irony that Southeast Asian leaders have not taken a<br>\nmoral lesson from what happened in other parts of Asia,<br>\nespecially in the Middle-East.<\/p>\n<p>It would be a tragedy, at this stage of determination to<br>\ndevelop our region, if those guiding the destinies of Asia fail<br>\nto observe and realize the hypocritical designs of the Western<br>\npowers and their move to divert considerable resources, which<br>\ncould be put to better use for the benefit of the ordinary people<br>\nof this region, to keep Western arms manufacturing industries<br>\nworking overtime.<\/p>\n<p>-- Thailand Times, Bangkok<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/arms-for-southeast-asia-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}