How Good it is NA These Days?
Many people have been questioning the position of the NA as compared to global organizations in the current financial climate. And the answer to their questions is simple - for a first time probably the Non-Aligned countries are benefiting from not belonging to any institutional organization. The problems which are to be discussed below would show that belonging to no organization is actually helping NA escape significant financial disturbances. The leading example for comparison would be Serbia - a country not associated either with the EU or NATO.
In terms of financial deficit, Serbia beats Greece in current indicators. Serbia, which does not belong to the EU has maintained a steady deficit grow which is a negative development in the past 7 years. However, the country is somehow managing to show economic growth and even suffering from deficit, it maintains it in the low levels and thus ensure some sort of economic stability nowadays when the Eurozone is collapsing under the economic crisis. On the other hand, Greece, as a country belonging to the EU, is suffering from increasing deficit. Its powerlessness to cope deficit is further enhanced by the inability of the Union to maintain strong financial stability. So the general conclusion - the economy of Serbia is more likely to recover than Greece - and Serbia is a NA country.
NATO’s military budget (unofficially called budget) involves significant contributions from economies - the money of the taxpayers. However, this is difficult since maintaining the financing of such a large institution is expensive and the current state of economies around the world is not quite comfortable for such initiatives. Serbia, however, contributes nothing to the military Union. Thus the country is saving billions of dollars every year, it has its own military concerns that are based on purely national level and thus remain stable in terms of international expenses - the general conclusions is that economically, the military contributions of Serbia are far less harmful to its economy given the current state of global finance.
And even though Serbia might be impaired from legal solutions such as the road traffic accident claim form in the EU, the country is far more secure and a potentially expanding emerging market than many of the economies in Western Europe that have organized a Union.
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