NATO’s Two Percent Guideline: A Demand for Military Expenditure Perspective

@article{Alozious2021NATOsTP,
  title={NATO’s Two Percent Guideline: A Demand for Military Expenditure Perspective},
  author={Juuko Alozious},
  journal={Defence and Peace Economics},
  year={2021},
  volume={33},
  pages={475 - 488}
}
  • Juuko Alozious
  • Published 18 June 2021
  • Economics
  • Defence and Peace Economics
ABSTRACT One of the outcomes of the 2014 North Atlantic Treaty Organization (NATO) Summit held in Wales was the recommendation that allies should strive towards spending at least 2% of their Gross Domestic Product (GDP) on military expenditure by 2024. This has in recent years put the debate on burden sharing within the Alliance in the limelight. Within the Alliance, the interpretation of the guidelines is different. This is partly because the U.S.A, especially under President Trump, has… 

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