
The End of the Peace Dividend. The Start of the Defence Dividend
Across the Western world, a generational shift in defence and security policy is underway. The so-called “peace dividend” that followed the Cold War, when countries reduced military spending to invest in domestic priorities, is now history. In the words of UK Prime Minister Keir Starmer, we now need to prepare for the defence dividend. This week, Starmer committed the United...