NATO: Is the 5% Target Too Steep?

The NATO summit is just around the corner, and it will be interesting to see how things play out. Reportedly, the meeting has been shortened to just 2,5 hours—supposedly to accommodate Donald Trump’s notoriously short attention span. Still, shorter doesn’t necessarily mean worse. It might just be the ideal length to keep him focused. In this blog post, I want to take a closer look at the 2% defense spending target—what it has actually achieved—and then explore the case for increasing that to 5%, and why that figure might be more realistic than it seems. Yes, countries are navigating a great deal of economic uncertainty right now, but investing in defense remains crucial. Let’s explore why. NO TARGET, THEN 2% TARGET For much of its history, NATO didn’t operate with a formal defense spending benchmark. Contributions were more of a gentleman’s agreement—everyone was expected to chip in, but how much and how seriously was left vague. Predictably, that led to imbalances. A hand...