The Socio-Economic Perspective for the Guns Vs. Butter Trade-Off in the European Union Countries

At the NATO Wales Summit in 2014, European allies agreed to spend at least 2% of GDP on defence.1 However, the break-out of the Russo-Ukrainian war increased EU countries efforts to spend more on military capability not only because of solidarity in the alliance, but also as an effect of the support...

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Main Authors: Waszkiewicz Grzegorz, Kutasi Gábor, Marton Ádám
Format: Article
Language:English
Published: Sciendo 2025-06-01
Series:Folia Oeconomica Stetinensia
Subjects:
Online Access:https://doi.org/10.2478/foli-2025-0017
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author Waszkiewicz Grzegorz
Kutasi Gábor
Marton Ádám
author_facet Waszkiewicz Grzegorz
Kutasi Gábor
Marton Ádám
author_sort Waszkiewicz Grzegorz
collection DOAJ
description At the NATO Wales Summit in 2014, European allies agreed to spend at least 2% of GDP on defence.1 However, the break-out of the Russo-Ukrainian war increased EU countries efforts to spend more on military capability not only because of solidarity in the alliance, but also as an effect of the support for Ukraine, let alone a rising security threat to their communities. Economic theory provides evidence that all-kind resources are limited, including public ones, therefore, many EU countries are facing or will face a fiscal challenges concerning the trade-off between military and non-military expenditure in the coming years.
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spelling doaj-art-703f8eaab5fd43468acbf32daa3cac102025-08-20T03:20:13ZengSciendoFolia Oeconomica Stetinensia1898-01982025-06-0125133735310.2478/foli-2025-0017The Socio-Economic Perspective for the Guns Vs. Butter Trade-Off in the European Union CountriesWaszkiewicz Grzegorz0Kutasi Gábor1Marton Ádám2Military University of Technology, Warsaw, PolandLudovika University of Public Service, Budapest, HungaryLudovika University of Public Service, Budapest, HungaryAt the NATO Wales Summit in 2014, European allies agreed to spend at least 2% of GDP on defence.1 However, the break-out of the Russo-Ukrainian war increased EU countries efforts to spend more on military capability not only because of solidarity in the alliance, but also as an effect of the support for Ukraine, let alone a rising security threat to their communities. Economic theory provides evidence that all-kind resources are limited, including public ones, therefore, many EU countries are facing or will face a fiscal challenges concerning the trade-off between military and non-military expenditure in the coming years.https://doi.org/10.2478/foli-2025-0017warmilitary spendingwelfarecluster analysisc38h56i38
spellingShingle Waszkiewicz Grzegorz
Kutasi Gábor
Marton Ádám
The Socio-Economic Perspective for the Guns Vs. Butter Trade-Off in the European Union Countries
Folia Oeconomica Stetinensia
war
military spending
welfare
cluster analysis
c38
h56
i38
title The Socio-Economic Perspective for the Guns Vs. Butter Trade-Off in the European Union Countries
title_full The Socio-Economic Perspective for the Guns Vs. Butter Trade-Off in the European Union Countries
title_fullStr The Socio-Economic Perspective for the Guns Vs. Butter Trade-Off in the European Union Countries
title_full_unstemmed The Socio-Economic Perspective for the Guns Vs. Butter Trade-Off in the European Union Countries
title_short The Socio-Economic Perspective for the Guns Vs. Butter Trade-Off in the European Union Countries
title_sort socio economic perspective for the guns vs butter trade off in the european union countries
topic war
military spending
welfare
cluster analysis
c38
h56
i38
url https://doi.org/10.2478/foli-2025-0017
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