Trump’s Arsenal of Democracy: From Wales to The Hague

Takeshi Sakade

Discussion papers from Graduate School of Economics , Kyoto University

Abstract: This policy proposal analyzes the shift in alliances under the second Trump administration (2025), which replaces Roosevelt's "arsenal of democracy" (Lend-Lease) with a "comprehensive burden-sharing" strategy that funnels allied financial resources to rebuild American defense industries. Key features include the proliferation of nuclear submarines in the Indo-Pacific and NATO's 5% GDP defense spending target.

Keywords: burden-sharing; defense spendings; defense industrial base. (search for similar items in EconPapers)
JEL-codes: F5 H5 H6 (search for similar items in EconPapers)
Pages: 16
Date: 2025-11
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Persistent link: https://EconPapers.repec.org/RePEc:kue:epaper:e-25-009

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