Open AccessThe Military Expenditures of the NATO Members
Author(s) -
Herman Matthijs
Publication year - 2019
Publication title -
advances in politics and economics
Language(s) - English
Resource type - Journals
eISSN - 2576-1390
pISSN - 2576-1382
DOI - 10.22158/ape.v2n3p250
Subject(s) - north atlantic treaty , summit , member states , political science , treaty , international trade , economic history , economy , geography , law , economics , alliance , european union , cartography
This study examines the defence expenditures of NATO’s member countries over the recent years. It makes use of the original budget figures of the states as verified by NATO (North Atlantic Treaty Organization) and published by this military organization. There search of this study is to examine the following points: - How has defence spending by the member states evolved in the period under consideration (2010-2019);- Which states already meet the targets of the 2014 Wales summit? (2% GDP for defence and 20% of this budget for investment);The current figures are based on the primary budgetary sources as published by NATO, namely: the latest year report of 2018 (NATO, AR) and especially the most recent figures in the NATO yearly press release (NATO, PR-CP).