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05 September 2025

LSE's Begg: Spending more on defence without damaging social spending – time for a coalition of the borrowing?

A few weeks ago, NATO countries agreed to invest substantially more in their defence and security. But they have no idea how they are to meet the challenging target of raising military spending to 3.5% of GDP by 2035, topped up by other security spending to take the aggregate to 5%. The...

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