Military Spending in the Context of National and Global Security
Journal: Scientific Bulletin
Year: 2024

Abstract Military spending plays an essential role in maintaining national security and global stability, being an important indicator of a state’s strategic priorities. While some countries increase their defense budgets to deal with external threats, others choose to invest in international cooperation and joint security measures. This dynamic creates both opportunities and risks. On the one hand, adequate financing of the military sector can prevent conflicts through effective deterrence; on