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Rearmament with a Purpose

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  • Mikkel Vedby Rasmussen

Abstract

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

Suggested Citation

  • Mikkel Vedby Rasmussen, 2024. "Rearmament with a Purpose," EconPol Forum, CESifo, vol. 25(04), pages 24-27, July.
  • Handle: RePEc:ces:epofor:v:25:y:2024:i:04:p:24-27
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    File URL: https://www.cesifo.org/DocDL/econpol-forum-2024-4-rasmussen-european-defense.pdf
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    Cited by:

    1. Andreas Baur & Lisandra Flach & Sebastian Link & Andreas Peichl, 2024. "Who’s Afraid of Trump in the White House? How German Firms View the US Election," EconPol Policy Brief 65, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    2. Florian Dorn, 2024. "Defense Spending for Europe’s Security – How Much Is Enough?," EconPol Policy Brief 66, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.

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