London Daily

Focus on the big picture.

Can Europe Transition to a War Economy?

The concept of a war economy has re-emerged in Europe due to geopolitical tensions, particularly with the ongoing conflict in Ukraine and concerns about Russia. Experts highlight the need for readiness, noting that while a full war economy transition is unlikely, mobilizing defense resources is necessary given the enduring threat. Coordinating such an economy within the EU’s diverse political landscape is complex, but defense-related economic activities could also stimulate other sectors.
The concept of a 'war economy' has re-emerged in Europe due to geopolitical tensions, particularly with the ongoing conflict in Ukraine and rising concerns about Russia.

A war economy involves reorienting national economic structures to prioritize military needs over civilian consumption, often requiring increased government control over industries and resource allocation for defense production.

While Europe is not currently in a full-scale war, experts highlight the need for readiness.

Mart Kuldkepp from University College London suggests that 'war economy' can also be a form of informational warfare, signaling strategic resolve.

The US and Europe lag behind Russia in war manufacturing capacity, and coordinating such an economy within the EU’s diverse political landscape is complex.

Alexander Clarkson of King's College London notes that EU-wide coordination would be essential.

Public support for a war economy could wane if the threat seems unrealistic, but defense-related economic activities could stimulate other sectors.

Dimitar Bechev from Oxford indicates that defense technologies may boost civilian manufacturing.

Despite differing attitudes within Europe, the defense sector is expected to grow.

A full war economy transition appears unlikely unless Russia expands aggression to NATO or EU members, but mobilizing defense resources remains necessary given the enduring threat.

Related Articles

London Daily
Britain’s Refugee Visa Rules Stranding Children in War Zones
UK Elections Predict ‘Electoral Extinction’ for PM Sunak’s Conservative Party
Italian Activist Ilaria Salis Returns Home After Election to European Parliament
Good morning!
England Faces Serbia in Euro Opener with Defensive Concerns
Dermatologist Warns Against Sunbed Usage
Fake Pro-Reform UK Social Accounts and Their Influence on Elections
UK Man Jailed for Non-Consensual Condom Removal
Reform UK Surpasses Conservatives in Historic Poll
US, Britain, Canada Accuse Russia of Interference in Moldova’s Election
Taylor Swift Fans Create Seismic Activity in Edinburgh
Sunak Aide Under Investigation for Election Bet
Labour Leader Starmer Focuses on Wealth Creation for Upcoming UK Elections
G7 to Use Frozen Russian Assets for $50 Billion Ukraine Aid
Anti-Israel Irish MEP Clare Daly LOST her seat in the EU Election
Johnson & Johnson Settles Talc Safety Claims for $700 Million
EU Urged to Welcome Skilled Russians to Weaken Putin
EU Elections Overview: Far-Right Gains and Major Political Shifts
Israel Rescues Four Hostages from Gaza
Emmanuel Macron Calls for Snap Election
Jordan Bardella: Young Far-Right Leader Poised for Future Political Influence in France
World's Oldest Privately Owned Book Auctioned for $3.8 Million
Animal Rights Activists Deface King Charles' Portrait in Protest
Dutch Military Intel Uncovers Extensive Chinese Cyber Espionage
Turkish Student Arrested for Using AI to Cheat in University Exam
Rise in Dengue and Other Mosquito-Borne Diseases in Europe Due to Climate Change
EU Elections Overview: Far-Right Gains and Major Political Shifts
Far-Right National Rally Dominates France's EU Vote
Macron Calls Snap Legislative Elections After Far-Right Victory
Far-Right Gains Significantly in EU Election
UK Job Market Shows Signs of Recovery
Orban’s Fidesz Party Wins Majority in Hungary’s EU Elections as New Challenger Emerges
Meloni's Far-Right Party Wins European Elections in Italy
Key Insights from the European Union Elections
European Union Elections and Rise of Far-Right Parties
England Loses Over 260,000 Social Rent Homes in a Decade
Campaigners Urge Government to Block Shein's FTSE Listing
First NHS AI-Run Physiotherapy Clinic Launches This Year
British TV Presenter Michael Mosley Found Dead on Greek Island
Ukrainian Forces Claims First Strike on Russia's Su-57 Fighter Jet
Macron Dissolves Parliament and Calls Snap Elections
Russia Adds Yulia Tymoshenko to Wanted List
UK Foreign Secretary David Cameron Tricked by Hoax Caller Posing as Former Ukrainian President
Kate Middleton's Absence from Colonel's Review Due to Chemotherapy
UK Foreign Secretary Deceived by Prank Video Call
Sunak Criticised Over D-Day Exit in BBC Debate
Rishi Sunak Apologizes for Leaving D-Day Commemoration Early
UK Woman Sentenced After Causing Fatal Crash While Sending Selfies
Danish Prime Minister Mette Frederiksen Assaulted in Central Copenhagen
UN to Add Israel to Human Rights Blacklist