The Stockholm International Peace Research Institute (SIPRI)

Context:

The Stockholm International Peace Research Institute (SIPRI) has released its report on trends in global military expenditure in 2020.

Key Highlights:

• Stockholm International Peace Research Institute (SIPRI) has stated in its report that total global military expenditure rose to $1981 billion last year, an increase of 2.6 per cent in real terms from 2019,
• According to new data published today by the Stockholm International Peace Research Institute (SIPRI). The five biggest spenders in 2020, which together accounted for 62 per cent of global military expenditure,
• They are the United States, China, India, Russia and the United Kingdom. Military spending by China grew for the 26th consecutive year.

About SIPRI:

SIPRI is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament. Established in 1966, SIPRI provides data, analysis and recommendations, based on open sources, to policymakers, researchers, media and the interested public. Based in Stockholm, SIPRI is regularly ranked among the most respected think tanks worldwide.

Vision and mission

SIPRI’s vision is a world in which sources of insecurity are identified and understood, conflicts are prevented or resolved, and peace is sustained.

SIPRI’s mission is to:

• undertake research and activities on security, conflict and peace;
• provide policy analysis and recommendations;
• facilitate dialogue and build capacities;
• promote transparency and accountability; and
• deliver authoritative information to global audiences. 

History and funding

SIPRI was established on the basis of a decision by the Swedish Parliament and receives a substantial part of its funding in the form of an annual grant from the Swedish Government. The Institute also seeks financial support from other organizations in order to carry out its research. Detailed information about the different sources of funding for SIPRI’s work is available here.

Structure

SIPRI’s organizational structure comprises the Governing Board and the Director, a Deputy Director, the Research Staff Collegium, and Support Staff, together numbering around 50–60 people.

International reach

Located in Stockholm, Sweden, SIPRI offers a unique platform for researchers from different countries to work in close cooperation. The Institute also hosts guest researchers and interns who work on issues related to SIPRI’s research.

SIPRI maintains contacts with other research centres and individual researchers throughout the world. The Institute also cooperates closely with several intergovernmental organizations, notably the United Nations and the European Union, and regularly receives parliamentary, scientific and government delegations as well as visiting researchers.

Source: Indian Express