Shift of US Military Spending to Allies: Intensions and Realities

The United States supports military operations in Ukraine and confronts with China, pressure allies to raise military spending to 2% of GDP, and at the same time announces a medium-term reduction of military spending in real terms. So, the US is trying to curb the huge budget deficit and public debt, "sell" more security and weapons to its allies, and avoid the degradation of its military producers. American options for reducing military spending have little budget effect, the allies can’t significantly increase military spending and purchase of American weapons due to large public debt and the interests of their military industry. America's cut-and-shift military finance will realize only under ideal conditions, although with the juggling of facts and figures they seem realistic.

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Publication Details

Journal
USA & Canada Economics – Politics – Culture
Published
2024-09-20
DOI
https://doi.org/10.31857/s2686673024010038
Primary Topic
Defense, Military, and Policy Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Shift of US Military Spending to Allies: Intensions and Realities

S.V. Anureev
USA & Canada Economics – Politics – Culture
Defense, Military, and Policy Studies
article

Shift of US Military Spending to Allies: Intensions and Realities

S.V. Anureev
article en

Abstract

The United States supports military operations in Ukraine and confronts with China, pressure allies to raise military spending to 2% of GDP, and at the same time announces a medium-term reduction of military spending in real terms. So, the US is trying to curb the huge budget deficit and public debt, "sell" more security and weapons to its allies, and avoid the degradation of its military producers. American options for reducing military spending have little budget effect, the allies can’t significantly increase military spending and purchase of American weapons due to large public debt and the interests of their military industry. America's cut-and-shift military finance will realize only under ideal conditions, although with the juggling of facts and figures they seem realistic.

USA & Canada Economics – Politics – Culture(1)
Financial University (RU)
Openalex Percentile: Top 80%
Defense, Military, and Policy Studies
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