欧洲队长：打造地区防御盾牌的五种方式.pptxVIP

CaptainEuHepe-Five

o2/une2025

woystoforgetheregions

defenseshiela

Content

4

ExecutiveSummary

6

Aparadigmshiftindefense

13

1:Increasedefensespendingandsecurethemoney

19

2:BuyEuropeanfirstandalignindustrialgoals

30

3:ArmEuropetoscaleandrebuildacompletedefensesupplychain

34

4:Innovatetodominateandbuildacutting-edgedual-usetechecosystem

39

5:Unifycommandthroughacohesivegovernance

AllianzResearch

2

Europeisonapathtoalong-overduereconstructionofitsdefenseindustrialbase.Yearsoffragmentation,underinvestmentandexternaldependencieshaveerodeditscapacitytoequipandsustainitsownarmedforces.The(geo-)politicalmomentumforrearmamentisnowstrong,buttheregionneedstogetfunding,strategyandimplementationright.IfEuropeistoachievegenuinestrategic

autonomy,itmustnotonlyspendmorebutspendintelligently,coherentlyandwithindustrialsovereigntyinmind.Todoso,wesuggestfivewayswithbothshort-andlong-termlevers,takingstockofblueprintsfromelsewhere,and

highlightthepitfallsEuropeneedstoavoid.

1.Increasedefensespendingandsecurethemoney.Europe’sshortfallsin

defenseoutputstemfrominconsistentandinsufficientfunding.TheEUspendsjustaround2.2%ofitsGDPondefense,thusinvestmentinRDandproductioncapacitylagsbadlybehindtheUSandevenmid-sizedexporterslikeSouth

Korea.Spendingat3%ofGDPbetween1993and2023wouldhaverequiredEUmemberstatestoallocateanextraUSD416bnin2020PPPtermsayeartodefense.Short-termfixesrangefromtappingintotheNGEUfundsorcalling

ontheEuropeanStabilityMechanism(ESM),butstatesmustbewaryoffallingintoadebttrapandsecurelong-termfinancingfordefense.WerecommendthatEuropesecureastrongerandproperlyfinancedEuropeanDefenseFundoverthelongrun.Whenspending,theregionshouldbemindfulofnational

hoardingoffunds,avo