Gdp-Based Burden Sharing in NATO: The Politics of Defense Financing - Study of Military Spending by Allies Germany, France, Poland, Italy, Greece, Def

Download or read book Gdp-Based Burden Sharing in NATO: The Politics of Defense Financing - Study of Military Spending by Allies Germany, France, Poland, Italy, Greece, Def written by U. S. Military and published by Independently Published. This book was released on 2018-09-06 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The NATO Allies agreed at the September 2014 Wales Summit to spend at least two percent of their gross domestic products (GDPs) on defense by 2024. This commitment has become a point of contention among the Allies and a distraction from the imperative of improving the Alliance's burden sharing system. The GDP-based burden sharing policy has not proven to be effective or fair, and its implementation has been subject to national political and economic constraints. NATO as a whole has struggled to sufficiently fund the capabilities necessary for its mission effectiveness, even as individual Allies (above all, the United States) have spent enormous amounts on defense. At the same time, some Allies have made significant security contributions