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