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The future of European defence policy: An economic perspective

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  • Keith Hartley

Abstract

European defence policy has been dominated by politics. This paper shows how economic principles can be used to derive guidelines for the formulation of European defence policy. The inefficiencies of the EU's existing defence arrangements are identified. It is shown that there is scope for efficiency improvements in the EU's Armed Forces and its defence industries.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/10242690302921
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Defence and Peace Economics.

Volume (Year): 14 (2003)
Issue (Month): 2 ()
Pages: 107-115

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Handle: RePEc:taf:defpea:v:14:y:2003:i:2:p:107-115

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Related research

Keywords: Eu Defence Markets; Efficiency; Armed Forces; Europe's Defence Industries; Industrial Policy Options;

References

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  1. Sandler,Todd & Hartley,Keith, 1999. "The Political Economy of NATO," Cambridge Books, Cambridge University Press, number 9780521638807.
  2. Marc Guyot & Radu Vranceanu, 2001. "European defence: The cost of partial integration," Defence and Peace Economics, Taylor & Francis Journals, vol. 12(2), pages 157-174.
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Citations

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Cited by:
  1. Luca Pieroni & Giorgio d'Agostino & Marco Lorusso, 2008. "Can We Declare Military Keynesianism Dead?," Working Papers 0804, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
  2. Damien Besancenot & Radu Vranceanu, 2006. "European Defence Firms: The Information Barrier On Private Finance," Defence and Peace Economics, Taylor & Francis Journals, vol. 17(1), pages 23-36.
  3. Kollias, Christos & Manolas, George & Paleologou, Suzanna-Maria, 2004. "Defence expenditure and economic growth in the European Union: A causality analysis," Journal of Policy Modeling, Elsevier, vol. 26(5), pages 553-569, July.
  4. Besancenot, Damien & Vranceanu, Radu, 2005. "Le financement public du secteur de la défense, une source d'inefficacité," ESSEC Working Papers DR 05008, ESSEC Research Center, ESSEC Business School.
  5. Belin, Jean & Guille, Marianne, 2008. "Defence and firm financial structure in France," Review of Financial Economics, Elsevier, vol. 17(1), pages 46-61.

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