Article in Journal

Rearmament with a Purpose

Mikkel Vedby Rasmussen
CESifo, Munich, 2024

EconPol Forum 25 (4), 24-27
PDF Download
  • European countries are investing in heavier, platform-centric forces that rely on technology rather than personnel
  • Europe must develop military R&D to avoid investing in existing technologies at the expense of future capabilities
  • European governments should focus on acquiring the necessary capabilities to realize strategic objectives rather than focusing solely on the percentage of GDP spent on defense
  • European governments must invest in armed forces that can be sustained after future funds for rearmament are redistributed
  • European governments must develop strategic thinking, individually and collectively, to prioritize the development and sustainment of future military capabilities

Included in