Europe’s dependence on US foreign military sales and what to do about it
Europe’s reliance on US arms raises autonomy concerns, as security worsens and leaders aim to cut strategic and technological dependence. Worries about Europe’s dependence on
Charitable giving in wartime: Evidence from Ukraine’s war fundraising
In the context of financing Ukraine’s wartime economy, Western governments have paid little attention to how Ukrainians are funding the war themselves. This column analyses
Bigger, better funded and focused on public goods: how to revamp the European Union budget
How should the European Union budget be revamped to meet the pressing collective challenges of climate change, competitiveness, defence, enlargement and response to unforeseen shocks?
Europe should innovate on defence, play it safe on debt
Strengthening existing safe assets should be a strategic priority for any new joint borrowing. Europe’s looming defence spending needs will put new demands on public
Human capital formation as a key component in Europe’s defence build-up
Government spending on defence, particularly defence R&D, can have significant economic spillovers. This column argues that the forthcoming European defence build-up must include a long-term
Defence and climate: seven points for a common agenda
Faced with major security challenges, Europe is preparing to boost its defence capacity. To defend itself against Russia without the United States, Europe needs to
