Brexit and budgetary constraints will offer possibilities, at least from a theoretical point of view, to foster cooperation among European countries from both an industrial and a policy perspective. Economic theory is useful in order to provide ways to increase efficiency. This comment is an attempt to evaluate a number of economic principles applied to the economics of defence. [...]
The economics of European Defence: Some Additional Insights - April 2017
By Jean Belin, Josselin Droff, Julien Malizard