Guyot, Marc; Vranceanu, Radu - In: Defence and Peace Economics 12 (2001) 2, pp. 157-174
In the last decade, European defence has undergone impressive changes. Military alliances between EU member countries … have strengthened, and a European defence industrial base is building up. But in a paradoxical way, European countries look … less capable of coping with important military crises, and their defence budgets are plunging. This paper proposes an …