The Political Dimensions of Military Spending and Debt Service in Southeast Asia
Although the imperatives of external debt service have led to a reduction in the size of defence budgets in most Third World countries, the impact of military spending cannot be understood separately from the political attractiveness of external borrowing in the 1970s. While the cumulative impact of defence expend itures has been to worsen Third World borrowers' debt levels and hamper their debt servicing efforts, this is of secondary importance compared to the low political capacity of many debtor governments to mobilize and redirect the human and material resources under their nominal control towards that end. Many Third World countries used much of the borrowed capital to fin ance current budget deficits, government consumption and arms imports. Generally, the four major Southeast Asian borrowers ? Indonesia, Malaysia, the Philippines and Thailand ? did not use foreign capital to finance their budget deficits, but appear to have invested some borrowed funds in domestic defence indus tries. One result is an apparent arms import-substitution effect: their arms imports actually declined as a percentage of total imports even as their external debt increased. Thus, their arms imports do not impair their debt service performance the way they have worsened the debt service problems of heavily indebted Third World countries elsewhere.
Military Expenditure, Arms Imports and Third World Debt During the 1980s
One of the ‘costs’ of military imports and military expenditures by developing countries occurs to the extent that these are financed by incurring foreign debt. This article estimates that, for 61 severely and moderately indebted developing countries, military imports during the 1980s were equivalent to about 28% of new foreign debt incurred. When military expenditures as a whole are examined, the proportion is around 77%. Had these countries made no military expenditures during the 1980s, they could have borrowed very little and/or allocated far more of the borrowed resources to productive purposes, thus making future debt servicing burdens much lighter and/or easier to meet.
Finite Difference Modeling on the Temperature Field of Substrate in Friction Surfacing
Friction surfacing is an advanced process of great potential, especially in the field of repair and reclamation of worn and damaged components. As a kind of thermal processing technology, the temperature profile and changes of the substrate in friction surfacing are important factors to get coatings of high quality. In this paper, the temperature field of the substrate during the process is simulated by finite difference method. The results are consistent with experiments, reappearing the temperature change of the substrate during friction surfacing, allowing further study on figuration and quality of coatings.