Blum, Johannes; Potrafke, Niklas - In: Defence and Peace Economics (2019) Latest Articles, pp. 1-19
with the NATO two percent target to which all NATO countries committed themselves during the NATO summit in Wales in 2014 … countries that do not (yet) comply with the two percent target have smaller growth rates in military expenditure relative to GDP … change of government are, thus, less likely to comply with the two percent target. Future research should examine the …