THE IMPACT OF THE FINANCIAL AND ECONOMIC CRISIS
Author : faustina-dinatale | Published Date : 2025-07-18
Description: THE IMPACT OF THE FINANCIAL AND ECONOMIC CRISIS UPON GLOBAL INSECURITY LOOKING THROUGH THE LENS OF NATO TO 2020 AND BEYOND Adrian Kendry Former NATO Head of Defence and Security Economics and Senior Defence Economist 20012013
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Transcript:THE IMPACT OF THE FINANCIAL AND ECONOMIC CRISIS:
THE IMPACT OF THE FINANCIAL AND ECONOMIC CRISIS UPON GLOBAL INSECURITY: LOOKING THROUGH THE LENS OF NATO TO 2020 AND BEYOND Adrian Kendry Former NATO Head of Defence and Security Economics and Senior Defence Economist 2001-2013 adriankendry@hotmail.com 4 December 2013 Global Insecurities Centre Visiting Speaker Series, University of Bristol 1 THUCYDIDES AND FUNERAL ORATION FOR PERICLES (495-429 BC) “It is not a matter of predicting the future but of being prepared“ 4 December 2013 Global Insecurities Centre Visiting Speaker Series, University of Bristol 2 NATO 2001-2013: AN ALLIANCE IN EVOLUTION Members : 19 nations (01) v 28 (13) Partners: NATO-Russia Council (2002) NATO Ukraine Commission (1997) Euro-Atlantic Partnership Council (28 + 21) and Partnership for Peace Bilateral Cooperation Mediterranean Dialogue (7) Istanbul Cooperation Initiative (4) Partners across the Globe (8) (AFG, AUS, IRQ, JAP, RoK, NZ, MONG, PAK) 4 December 2013 Global Insecurities Centre Visiting Speaker Series, University of Bristol 3 NATO 2001-2013: A PERSONAL HISTORY 2001 - 2003: 9/11, Iraq: NATO and the Transatlantic Relationship: the Economic and Financial Dimensions of Countering Terrorism 2004: The Istanbul Summit: The Partnership Action Plan on Defence Institution Building and the inception of the Building Integrity programme on accountability and transparency in the defence and security sector 2005-2009: Defining NATO’s Role in Energy Security: The Economics and Security of Energy 2010-2012: Afghanistan and regional economic security: Assessing Afghanistan’s economic capacity post 2014 2009-2013: The Financial and Economic Crisis: Understanding, measuring and assessing the impact of the crisis on NATO budgets and capabilities 4 December 2013 Global Insecurities Centre Visiting Speaker Series, University of Bristol 4 NATO: THE THREE GAPS 4 December 2013 Global Insecurities Centre Visiting Speaker Series, University of Bristol 5 THE PROLOGUE: NATO AND THE TALE OF THREE GAPS The Intra-European gap: Will NATO European Allies still be capable of operating together in international crisis management? The Transatlantic Gap: Will the growing imbalance in transatlantic defence spending undermine US support for NATO? The Global Gap: Will the emerging economic powers increase their capacity for regional action and international influence at a time when NATO’s capacities could diminish 4 December 2013 Global Insecurities Centre Visiting Speaker Series, University of Bristol 6 THE PROLOGUE: NATO AND THE TALE OF THREE GAPS Disproportionate defence cuts are likely to weaken NATO military forces and the industries that support them, and also undermine innovation, exports, and employment Additionally, inadequate defence spending and investment will exacerbate economic