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's security concerns and guarantee stability for the foreseeable future. Is meeting NATO spending targets enough to support …
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political economy scholarship offers plausible explanations for transatlantic imbalances in military expenditures. However, NATO … stringent fiscal rules dampen the kind of defense spending NATO and EU strategists seek: governments respond to increasing … important transatlantic strategic initiatives, namely NATO's Wales pledge on defense investment …
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In some ways, a 2012 symposium on “Dilemmas of State Debt” may seem a bit behind the news curve. At the end of 2010, municipal bond markets were in a deep funk. Analysts predicted that countless municipalities and perhaps one or more of the United States might default on their debt...
Persistent link: https://www.econbiz.de/10014164095
Resource allocation to and within defense budgets is grand strategy. NATO and the EU coordinate defense planning and … encourage fair burden-sharing among their members. We analyse the effect of agreed planning processes, namely the ‘NATO Defence …
Persistent link: https://www.econbiz.de/10014108236
The aim of this paper is to study the interdependence of military spending between US and a panel of European countries in the period 1988-2013. The empirical estimation is based on a: (i) a unit root tests and a cointegration analysis; (ii) FMOLS and DOLS estimations. General results highlight...
Persistent link: https://www.econbiz.de/10013022255
investment. Both NATO and the EU, through the European Defence Agency (EDA) have established formal or informal targets for …
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