17 November 2009 - POST-CRISIS DEFENCE SPENDING IN THE EU IS LOWER AND LESS EFFECTIVE THAN IN THE US
Defence budgets worldwide have taken a knock as a consequence of the global financial crisis. But as the world’s economies start to show signs of recovery, a “big disparity” is emerging between the EU and North America. This may place a strain on the North Atlantic Alliance, according to Senior Defence Economist at NATO HQ, Dr Adrian Kendry.
In a presentation given to the NATO Parliamentary Assembly on Sunday, Dr Kendry explained that defence research and development levels in Europe are far below those in the
The Canadian parliamentarian Leon Benoit added that, if European defence budgets are proportionately 40% lower than in the US, the ‘effectiveness’ of this investment was only 20% in Europe as that achieved by the Americans due to the fragmentation of European Defence Markets. “We cannot continue with the way things are now” he said in reference to this disparity in the contributions to security by the different NATO members.
Kresimir Crosic, head of the Croation delegation to the NATO Parliamentary Assembly, suggested investing more in scientific research to increase the efficiency of defence spending. Dr Kendry agreed with the principle and referred to
A more pessimistic note was sounded by the
The NATO Parliamentary Assembly, which brings together some 350 delegates from 28 NATO member states and other partner countries, is currently holding its Annual Session in