SIPRI Yearbook 2010
VI. Europe
Military expenditure in Europe was $386 billion in 2009, an increase of 2.7 per cent in real terms over 2008. The effect of the global economic crisis on military expenditure in Europe varied. In Western Europe, the recent trend of flat or slightly rising spending was largely unchanged, as governments chose to sustain public spending to boost the economy.84 However, in Central and Eastern Europe—where in may cases the crisis has struck economies harder and where governments’ had insufficient reserves and levels of credit-worthiness to maintain large deficits—a number of countries made significant cuts to military spending as a direct result of the crisis, including Bulgaria, Croatia, Estonia, Lithuania, Romania, Serbia, Slovakia and Ukraine.85 Some of the richer Central European countries—the Czech Republic, Hungary and Poland—increased spending.
- Citation (MLA):
- Perlo-Freeman, Sam, Olawale Ismail, and Carina Solmirano. "5. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 16 Feb. 2025. <https://www.sipriyearbook.org/view/9780199581122/sipri-9780199581122-div1-43.xml>.
- Citation (APA):
- Perlo-Freeman, S., Ismail, O., & Solmirano, C. (2016). 5. Military expenditure. In SIPRI, SIPRI Yearbook 2010: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 16 Feb. 2025, from https://www.sipriyearbook.org/view/9780199581122/sipri-9780199581122-div1-43.xml
- Citation (Chicago):
- Perlo-Freeman, Sam, Olawale Ismail, and Carina Solmirano. "5. Military expenditure." In SIPRI Yearbook 2010: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 16 Feb. 2025, from https://www.sipriyearbook.org/view/9780199581122/sipri-9780199581122-div1-43.xml
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