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DEFENCE EXPENDITURE AND FINANCIAL RESOURCES OF DEFENCE EXPENDITURE IN TURKEY: A COMPARATIVE CONCEPTUAL ANALYSIS
Authors: Mehmet Bilge Kağan ÖNAÇAN, Volkan SEZGİN, Tunç Durmuş MEDENİ, İhsan Tolga MEDENİ
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Defence expenditure has an important role for a country’s economy and has a greater impact on the economies of underdeveloped and developing countries. This article was prepared as a conceptual study for the purpose of answering the long-standing discussion about the share of Turkey’s financial sources of defence expenditure in Turkey. In this context; basic concepts, factors affecting defence expenditures, process of determining defence budget, financial sources for defence expenditures were searched and Turkey’s defence budget was compared with that of some selected other countries. The data used for comparison, were compiled from Stockholm International Peace Research Institute (SIPRI). It has been found that Turkey’s defence expenditure out of its GDP plummeted after 2000, but this trend reversed and the ratio started to increase after 2015 which reached to 2.7% of in 2019. Turkey ranked the 15th with a defence budget of 20.4 billion dollars among the list of countries with the most defence budgets in 2019. Also, when Turkey's defense budget is compared with its neighbors as of 2019, it is viewed to be at an average value. Moreover, although there are areas to be improved, it is seen that there is a systematic application related to the determining, planning, implementing and checking of defence expenditure and reasonable defence expenditure is defined according to this systematic in Turkey in today’s conditions. It is considered that it would be beneficial to conduct more in-depth studies on this subject in the future.