A European Defense Force: a Comprehensive Approach to Stability and Progress. the Economic Perspective
Year: 2024
Type: article
Abstract: The EU is an undeniable economic and civil-normative power. Military force is a key element of “hard power.” Stability is a prerequisite for development, and a strong army is a guarantor of stability. This analysis will explore the advantages and challenges of establishing a common European army, focusing on available resources (cultural-historical, economic, and military). Success requires financial resources. We will emphasize the need for an opportunity to create a common army. There will be no lack of infrastructure, innovation, and defense technologies, along with the presentation of potential economic benefits. While external threats can speed up the process, a lack of consensus and slow progress in the CFSP hamper its realization.
Source: Annals of Faculty of Economics
Institution: Alexandru Ioan Cuza University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409216146