What role for the EU in European defense?
I had the privilege of collaborating with Kaija Schilde to develop our argument on the EU’s potential role in fostering a more capable European defense for the Ifo Institute’s Center for Economic Studies (CESifo). While the EU has not yet emerged as a direct buyer of defense goods, it already serves as a provider of public goods through its single market, which encompasses security-related products.
By leveraging its regulatory authority, the EU can reduce uncertainty in the defense market, incentivize R&D investments, and ensure the long-term competitiveness of European defense companies. Expanding its regulatory role in defense could enable the EU to indirectly establish a robust defense market as a public good for Europe’s collective security.
Find the article here.