Implications of the COVID-19 Pandemic on Military Expenditure: New Perspectives on European Defence Cooperation Cover Image

Implications of the COVID-19 Pandemic on Military Expenditure: New Perspectives on European Defence Cooperation
Implications of the COVID-19 Pandemic on Military Expenditure: New Perspectives on European Defence Cooperation

Author(s): Felicia Maria Şinca, Toma Pleşanu
Subject(s): Security and defense, Military policy
Published by: Centrul tehnic-editorial al armatei
Keywords: COVID-19 pandemic; cooperation; defence capabilities; equipment programmes; military expenditure;
Summary/Abstract: The global economic crisis of 2008 has had a negative impact on defence budgets in most European countries. After 12 years of efforts taken for the economic recovery, the member states of the European Union are once again facing financial challenges caused by the COVID-19 pandemic. Defence budgets are once again in danger of being reduced, but at the same time the European Union needs more than ever to show unity and cooperation. In the wake of the 2008 crisis, defence cooperation was one of the solutions adopted by EU member states to protect and strengthen their military capabilities. The development of multinational capabilities has proven to be more cost-effective than nationally sustained efforts. The current situation, generated by the COVID-19 pandemic, reminded us that cooperation initiatives need continuous adaptation to the evolution of new types of crises. The planning, development, procurement, operation and support of joint defence equipment should be complemented by efforts to innovate and prepare for new risks and threats.

  • Page Range: 370-379
  • Page Count: 10
  • Publication Year: 2020
  • Language: English