DISTRIBUTION OF MILITARY EXPENDITURES: REGIONAL EVOLUTION TRENDS OF DEFENSE BUDGETS

Felicia Maria ȘINCA

Abstract


Abstract: The effects of the recent economic crisis have been felt in several fields, including also the military sector.
In most European countries, the defense budget has been used to reduce deficits, through the dramatic spending cuts. Thus,
despite the efforts to make the armies more efficient, many European states have postponed or even canceled important
programs of endowment and modernization. This was happening at a time when the economic crisis, generating poverty and
social insecurity, would pave the way for other crises and new types of threats. In this context, the trends in the distribution
of defense budgets can help us to observe the priorities of the security policies and to understand the direction of the defense
strategies.
Keywords: economic crisis; defense expenditures; military endowment.


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References


Keller Patrick, Challenges for the Defense Budget after the Economic Crisis. A European View, Konrad Adenauer Foundation.

Levine Robert A, Adjusting to global economic change – the dangerous road ahead, RAND Corporation, Santa Monica, 2009.

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Central Intelligence Agency Country Factbook, https://www.cia.gov/library/publications/the-world-factbook/geos/hu.html

European Defense Agency, www.eda.europa.eu

World Bank, http://www.worldbank.org/

IHS Jane’s 360, http://www.janes.com/

NATO, http://www.nato.int/


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