Warfare vs. Welfare Finance: Assessing the Effect of Military Expenditure on Out of Pocket Healthcare Financing for NATO Countries
Journal: Theoretical Economics Letters
Year: 2024

In the aftermath of the full-scale Russian invasion in Ukraine in 2022, the European political climate displays to fundamentally be transformed. The majority of European allies of NATO, committed to proceed on momentous increases in military spending to contain potential external threats, by abandoning their exclusive focus on economy, trade and welfare policies of a long-lasting period of peace on the continent. Despite the important findings emerging from the health financing and defence econo