Long-Term Economic and Military Trends 1994-2015

The United States and Asia

by Charles Wolf, Jr., K. C. Yeh, Anil Bamezai, Don Henry, Michael Kennedy


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Key economic and military trends in China, Taiwan, the United States, Japan, Korea, and India will likely indicate the future of Asia's security environment. For the period 1994-2015, this report forecasts each country's gross domestic product (GDP), per-capita GDP, military spending, and military capital stocks, synthesizing and comparing them to illuminate trends that, among many others, will significantly affect the future security environment in Asia. All of the estimates should be treated with caution because of the many uncertainties that underlie the results. The methodology and structure of this report are similar to those in an earlier RAND report (see N-2757-USDP, 1989).

This report is part of the RAND Corporation Monograph report series. The monograph/report was a product of the RAND Corporation from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.