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Toward a meaningful metric: replacing NATO’s 2% defence spending target
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The confluence of Joe Biden’s election to the White House, the likely ramifications of the pandemic for defence budgets, and unfolding EU and NATO strategic reflection processes offers a window of opportunity to replace NATO’s flawed 2% defence spending target. Europeans should credibly propose an output-oriented metric to reconstitute the transatlantic bargain on burden-sharing.
(Photo credit: Nato)