22 December 2012 • 14:04 AMT
Baku is arming while the oil is not up
Azerbaijan has now another cause of “pride”; it is recognized one of the world’s most militarized states. Azerbaijan is ranked 8th by the annual Global Militarization Index compiled by Bonn International Center for Conversion. A key indicator representing the level of militarization of a country is the comparison of military expenditures with its GDP. The U.S. which outstrips all other states by its total military spending is placed only the 30th. Another indicator which is taken into account in the Index is the number of the reserve.
