TERROR CHALLENGES IN ASIA: THE TRILLION DOLLAR MARKET
By Maroof Raza Global spending on Homeland Security now stands at about $200 billion annually. But with budgets in Asia now set to increase by 30-percent in its trillion-dollar-plus market, where China, India, Japan and Saudi Arabia are closely followed by the South East Asia tigers, the message is clear: Asia is already almost as big a market as the United States, which accounts for one-third of the world’s Homeland Security expenditure. But unlike the US, it’ll be a mistake to look at the security situation in Asia as one constant. Asia has many geostrategic regions,