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Copyright

Alessandra Cepparulo; Paolo Pasimeni;

Published On

2024-12-11

Page Range

pp. 149–168

Language

  • English

Print Length

20 pages

9. Trends in Defence Spending in the European Union

Chapter of: Investing in the Structural Transformation: 2024 European Public Investment Outlook(pp. 149–168)
After more than sixty years of peace, in 2022 Europe has faced a watershed moment in its security, which is leading to higher and more integrated defence spending in the European Union (EU). This article uses new sources of data to illustrate the evolution of defence spending in the EU and its composition. It also looks at the articulation of responsibilities for defence spending in a multi-level governance system, such as the EU. The institutional evolution of defence policy in the EU tries to build on a progressive convergence of foreign policy objectives and points towards some concentration of defence spending at the supra-national level. The key question for the future is to what extent this convergence will hold and to what extent it will be reflected in new provisions for defence in the common budget.

Contributors

Alessandra Cepparulo

(author)
https://orcid.org/0000-0001-7706-3868

Alessandra Cepparulo obtained her PhD in Political Economics at Sapienza University of Roma. She worked, as a post-doctoral researcher, at different universities in Italy and abroad and as a researcher, in several projects involving Italian national authorities and in international context. She is a Public Economist, whose research interests cover a wide set of issues: public finance and fiscal rules, forecast errors, quality of public expenditures, public investments and PPPs. She is currently working at the European Commission, DG ECFIN, in the unit responsible of fiscal policy and fiscal surveillance.

Paolo Pasimeni

(author)
Senior Associate Researcher at the Brussels School of Governance at Vrije Universiteit Brussel
https://orcid.org/0000-0001-5350-8834

Paolo Pasimeni is Deputy Chief Economist at the European Commission, DG Internal Market and Industry, and Senior Associate Researcher at the Brussels School of Governance of the Vrije Universiteit Brussel (VUB). Specialized in international macroeconomics, his main field of expertise is the macroeconomic analysis of the single market and of the economic and monetary union (EMU). Expert on monetary, f iscal and structural policies, he has been working on the proposals for EMU reform, in particular on the design of a stabilization capacity. He has also worked on labour market analysis, as well as on the conception of the EU multi-annual budget. Personal webpage: https://brussels-school.be/team/paolo-pasimeni