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The Emergence of European Defence and Defence Industry Policies
Authors: Stefan Markowski and Robert Wylie
Volume 3, Number 2 (June 2007), pp. 31-51.
Abstract
The European Union’s combined GDP exceeds that of the USA, but its members only spend about half as much on defence as the US, and the EU is not considered a serious military power. EU processes of market integration and rationalisation bypassed European defence industries, which are fragmented and increasingly loosing ground to their American competitors. This has prompted calls for EU defence procurement and defence industry policies, even though the EU, while more than a common market, is not a US-style federation of states. This article analyses the EU’s prospects for meeting this challenge from policy, organisational and commercial perspectives.
About the Authors
Stefan Markowski is Associate Professor of Economics and Management in the School of Business, The University of New South Wales at the Australian Defence Force Academy, Canberra. He has published extensively in the areas of defence economics and management, logistics, foreign investment and industry policy. s.markowski@adfa.edu.au.
Bob Wylie teaches Public Sector Management at the School of Business, Australian Defence Force Academy, University of New South Wales. He has published on public sector innovation and Australian defence industry policy. r.wylie@adfa.edu.au.
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