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The future of European defence policy: An economic perspective
Authors:Keith Hartley
Institution:Centre for Defence Economics , University of York , York, YO10 5DD, England
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.
Keywords:Eu Defence Markets  Efficiency  Armed Forces  Europe's Defence Industries  Industrial Policy Options
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