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Major Trends in the Military Budgets of the United States and the Russian Federation in the 21st century

Abstract:

Government expenditures allocated for defence are one of the categories comparable between countries to observe and analyse long-term trends. The paper compares the defence budgets of the USA and the Russian Federation between 2000 to 2019 with the aim to analyse potential causes of fluctuations in defence spending. The purpose of the paper is to demonstrate that military budgets are dependent on a combination of various factors such as current domestic policy, the economic cycle and global security and economic issues. The work uses significant as historical milestones to analyses their impacts on the dependent variable of military budget. As these, Operation Enduring Freedom (2001), Iraq war (2003), the inauguration of the US Presidents Barack Obama and Donald Trump, the economic crisis (2007-2008), the Russian currency crisis (2014) and the Russian annexation of Crimea (2014) were identified.  

Jana Stehlíková, born 1990.  She is a PhD candidate in International Political Relations at Faculty of International Relations, Prague University of Economics and Business where she also obtained a Master degree in International Politics and Diplomacy in 2017. She is specialised in EU affairs, digital agenda and digital technologies' impact on international relations, especially focusing on personal data protection, e-diplomacy, online platforms and disinformation in the European Union. In her dissertation thesis, she focuses on exterritoriality aspects of the EU law in the area of personal data protection.

Country: Czech Republic

19/01/2021

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