Various options are being discussed to increase Germany's defense capabilities. Increasing the size of the Bundeswehr is proving difficult, and compulsory military service hardly seems feasible for economic and socio-political reasons. A European army and technological alternatives such as...

The design of an operationally and militarily prepared Bundeswehr of the future requires the consideration of multiple facets. Its operation requires reliable access to economic resources (labour, capital, land) and their efficient management. This completely addresses the contradiction between...

Defense literature is still in need of a theoretical framework in the neoclassical sense, in regard to empirical research on the relationship between defense spending and economic growth. In this respect, Dunne, Smith and Willenbockel (2005), although not without technical problems, represented...

Although the new EU fiscal rules improve the macroeconomic logic and differentiation, they offer very little leeway for urgently needed, debt-financed defence spending. However, the EU Commission's proposal to solve this via flexible escape clauses undermines the credibility of the rules. A new...

This paper evaluates the factors responsible for maintaining substantial military expenditures in Greece and Turkey. The presented research encompasses theoretical and empirical aspects. First, defense spending by both countries was analyzed based on statistical data from international sources....

A dynamic multi-stage decision-theoretic approach is introduced to establish the optimal offset and its incidence, the contract price arising from bargaining, and the scale of the acquisition. A new rationale is suggested for offsets in terms of their role as an insurance devise. Results are...

Investment Screening Mechanisms (ISM) are legal rules created to control and assess the entry of direct investments from foreign jurisdictions. This discussion paper is premised on the observation of a marked increase in the institutionalization and implementation of ISM in recent years,...