Abstract
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).
Highlights
The reasons of these research concerning the military expenditures in the NATO members are the following two types: - what’s the actual situation of the military spending in these states; - what are the achievements in these states related with the NATO summit goals of Wales in 2014
Results of the Study The subjects studied, are the following one: - first of all this study starts with an overview of the own NATO budgets, -in the point this study contains the evolution of the military personnel, - the main subject of this study are the evolution and the achievements concerning the NATO Wales agreement of 2014, - this study relates the defence expenditures with the GDP per capita. 3.1 The NATO Funding The NATO has three internal budgets, namely: a civil, a military and an investment budget
In this article we have looked at trends in military spending in the NATO members during this decade
Summary
The reasons of these research concerning the military expenditures in the NATO members are the following two types: - what’s the actual situation of the military spending in these states; - what are the achievements in these states related with the NATO summit goals of Wales in 2014. 3.1 The NATO Funding The NATO has three internal budgets, namely: a civil, a military and an investment budget The financing of these budgets is based on contributions of the 29 members are based on an agreed cost-sharing formula based on “National Gross Income” (NGI) In 2018) and all financed by contributions from the national defence budgets, based to agreed cost-share formulas from the national defence departments This budget is approved by the “NAC”. The main projects in 2018 are: AWACS (30,1 %), provide logistic support for deploying forces (25,6 %), provide NATO wide consultation command and control capabilities (17,7 %), provide deployable forces (13,7 %) et Practical examples of this NISP budget are the joint investments in harbours, tele-communication, AWACS, drones, etc. This indicates the fact that the NATO systems, translated in budgetary terms, are standing on a few members
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