Current Global Crises Open Eyes to Security Spending

Published Thursday, February 26, 2009

The global downturn will push countries to provide smarter, more cost-effective Homeland security, potentially curbing procurement of expensive gadgetry and quickening a trend to more international cooperation. According to Reuters, counter-terrorism will remain an important priority for all governments, not least because security is a vital pillar of economic confidence and multibillion dollar business sectors such as tourism and transport are often targets of armed groups. But budget pressures will force policymakers increasingly to identify waste and question big-ticket purchases of technology, a trend underpinned by worries in the west that intrusive ...

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