Enhancing the Preparedness and Readiness
d'Artis Kancs
EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels
Abstract:
To enhance the situational awareness of strategic readiness in Europe we look through two complementary angles. First, through a situational assessment of selected strategic readiness elements that have often been overlooked in Europe. Leveraging the newly augmented strategic readiness framework of the US DoD, we examine the defence industrial readiness for a protracted conflict and war, force mobility, and a sustained whole-of-society resilience. Second, through a scenario analysis in order to future-proof the strategic decision maker options to be resilient to changing boundary conditions. We stress test Europe's readiness in view of possible future systemic shocks across threat and time horizons by simulating selected scenarios of the NATO's Strategic Foresight Analysis 2023 and Future Operating Environment 2024 and evaluate potential impacts in the EU-EMS model. Situational assessment reveals that the defence industrial mobilisation, force mobility and sustained resilience readiness are off-track in view of the European Defence Readiness – as a steady state of preparedness. Second, by quantifying potential costs of unpreparedness, the Cold War 2.0 scenario analysis provides a rationale for European allies to embark on a gradual de-risking trajectory rather than waiting for a much more costly abrupt shock trigger dictated by geopolitical events.
Keywords: Preparedness; readiness; Europe; Cold War 2.0; CRINK (search for similar items in EconPapers)
JEL-codes: H56 H57 L11 (search for similar items in EconPapers)
Date: 2024-04-08
New Economics Papers: this item is included in nep-eec
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Persistent link: https://EconPapers.repec.org/RePEc:eei:rpaper:eeri_rp_2024_08
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