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The dynamic behaviour of NATO defence spending during the Cold War and post-Cold War period

• Καπόπουλος, Παναγιώτης
• Λαζαρέτου, Σοφία

The quasi-cooperation of the «Great Powers» during the post-Cold War era alters the economic and strategic importance of the defence arsenals. This paper aims at investigating the evolution of the North Atlantic Treaty Organization during the Cold War and post-Cold War period by studying the dynamic behaviour of defence spending of the NATO countries. Specifically, we analyse the intertemporal evolution of the distribution of the common defence’s burden in the context of a model with conflicting objectives in defence planning. We try to explore the structural changes which have reduced the smaller allies’ incentives to free-ride. We are also interested in explaining whether the growing trade interdependence can effectively prevent future political crises or armed conflicts.

• Political Science
• Economics and Business

• Πολιτική επιστήμη
• Economics

αμυντική πολιτική

Εκφράζονται ευχαριστίες στον Christer Berggren του Stockholm International Peace Research Institute (SIPRI) για την ευγενική παραχώρηση των χρονολογικών σειρών των αμυντικών δαπανών. Ωφέλιμα ήταν τα σχόλια και οι παρατηρήσεις δύο ανώνυμων κριτών καθώς και του συναδέλφου Βαγγέλη Βασιλάτου