Publication
Oct 2009
This paper critically assesses the implications of the 2008-2009 financial crisis on NATO member states' defense budgets, defense industry policies and contributions to the common NATO budget. After assessing the consensus forecast of the major international economic organizations, such as the International Monetary Fund (IMF), the authors examine the economics of defense. The likely implications for NATO are discussed with reference to burden sharing, industry and common-funded NATO expenditures.
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English (PDF, 8 pages, 598 KB) |
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Author | Keith Hartley, Binyam Solomon |
Series | NDC Research Papers |
Issue | 52 |
Publisher | NATO Defense College (NDC) |
Copyright | © 2009 NATO Defense College (NDC) |