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Christian Odendahl @codendahl.bsky.social · 27/06/2025

Will 3.5% of GDP defence spending halt the deindustrialisation in Europe? Probably not. But it will slow it down. My latest for The @economist.com. www.economist.com/europe/2025/...

economist.com

A defence splurge will slow Europe’s deindustrialisation

But probably not reverse it

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Martin Sandbu @martinsandbu.ft.com · 27/06/2025

What deindustrialisation?

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Christian Odendahl @codendahl.bsky.social · 27/06/2025

Forward-looking, Martin. (My preferred measure is value-added as a share of GDP, which has been remarkably constant since 2010, but under very different circumstances than those in anno 2025ff.)

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