The Impact of Public Budget Distortion on the Defence Capabilities of the New European Nato Member States
Journal: International conference KNOWLEDGE-BASED ORGANIZATION
Year: 2022

Abstract Armies’ capabilities are determined by their endowments of resources. The economic crisis that began in 2008 has distorted public budgets, which forced states to start cost-cutting policies. If we focus on the policy of new NATO member states, we can observe that public expenditure cuts affect defense budgets in different states in various ways. If we compare the defense capabilities of countries at the beginning of the economic crisis and ten years after the outbreak of the crisis, the