It would likely hasten Japan's steps to amend its pacifist constitution, beef up its defence forces and play a bigger security role in the region.

并可能促使日本加速修订其和平主义章程，并扩大防御军力，进而在亚太地区扮演更大的安全角色。

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But Invesco also felt that BAE had good prospects as a stand-alone business, building up its security operations and exploiting further defence contracts in the Middle East.

BBC: BAE Systems investors call on chairman Olver to go

Once the size of the defence budget has been determined, choices are required about its allocation between each of the three armed forces and their contribution to the UK's defence output in the form of peace, protection and security for its citizens.

BBC: Viewpoints: Future of the British army

The federal government would look after defence, foreign affairs and social security perhaps, while each state would have its own police force and look after justice, health and education.

ECONOMIST: Letters