Defence expenditures of leading world powers in the context of ensuring military security

Authors

DOI:

https://doi.org/10.33445/psssj.2024.5.2.7

Keywords:

defence budget, military expenditures, military security, armaments, armed forces, strategy

Abstract

The article examines current trends in defence financing among leading world powers. A comparative analysis of the structural elements of defence budgets in the United States, China, Russia, France and other countries has been conducted. Key priorities in defence funding are identified and proposals are provided for optimizing Ukraine’s defence budget based on international experience. Particular attention is paid to the dynamics of global defence spending in the context of geopolitical challenges and the technological transformation of modern warfare.

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References

SIPRI. World military expenditure reaches new record high. Available from : https://www.sipri.org/media/press-release/2023/world-military-expenditure-reaches-new-record-high (accessed: 05.05.2024).

NATO. Defence Expenditure of NATO Countries (2014–2023). Available from : https://www.nato.int/cps/en/natohq/news_221182.htm (accessed: 05.05.2024).

Ministry of Defence of the United Kingdom. Defence in a Competitive Age. 2023. Available from : https://www.gov.uk/government/publications/defence-in-a-competitive-age (accessed: 05.05.2024).

Loi de programmation militaire 2024–2030. Ministère des Armées. Available from : https://www.defense.gouv.fr (accessed: 05.05.2024).

Bundesministerium der Verteidigung. German defence budget and special fund overview. 2023. Available from : https://www.bmvg.de (accessed: 05.05.2024).

Ministry of Finance of Ukraine. Report on execution of the state budget for 2023. Available from : https://mof.gov.ua/uk (accessed: 05.05.2024).

Centre for Defence Strategies. Analysis of Ukraine’s Security and Defence Sector Spending, 2023. Available from : https://defence.org.ua (accessed: 05.05.2024).

OECD. Government at a Glance 2023 – Defence spending and trends. Available from : https://www.oecd.org (accessed: 05.05.2024).

International Institute for Strategic Studies. The Military Balance 2023. London, 2023.

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Published

2024-06-30

How to Cite

Nefodova, L. (2024). Defence expenditures of leading world powers in the context of ensuring military security. Political Science and Security Studies Journal, 5(2), 62-66. https://doi.org/10.33445/psssj.2024.5.2.7

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Articles