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dc.contributor.authorLópez Vicente, Fernando
dc.contributor.authorRodríguez Vives, Marta
dc.contributor.authorRojas, Juan
dc.coverage.spatialPaíses de la UE
dc.date.accessioned2024-08-22T06:05:08Z
dc.date.available2024-08-22T06:05:08Z
dc.date.issued2024-08-01
dc.identifier.issn1695-9086 (en línea)
dc.identifier.issn1130-4987 (en papel)
dc.identifier.urihttps://repositorio.bde.es/handle/123456789/37495
dc.description.abstractRationale The aim of this article is to provide an overview of public spending on security (which includes defence and public order and safety), in the European Union (EU) and in Spain and to discuss proposals on the joint and coordinated provision and funding of this European public good. Takeaways •The current environment of global geopolitical tension is behind the strengthening of the EU’s security policy, encouraging greater strategic autonomy. Meeting demands for greater security spending places further strain on public finances at a time when government deficit and debt levels are high. •The level of public security expenditure in the EU and Spain, which stood at 3% of GDP in 2022 in both cases, is lower than spending by other global powers. Relatively more of that amount in the EU and Spain goes to staff costs, with less going to research and development (R&D). •Redirecting spending towards R&D could generate economic efficiency gains. Moreover, given that security is considered to be a European public good, joint, coordinated provision and funding could yield additional benefits.
dc.format.extent13 p.
dc.language.isoen
dc.publisherBanco de España
dc.relation.ispartofEconomic Bulletin / Banco de España, 2024/Q3, 05
dc.relation.hasversionVersión en español 123456789/37332
dc.rightsReconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
dc.rightsIn Copyright - Non Commercial Use Permitted
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES
dc.rights.urihttp://rightsstatements.org/vocab/InC-NC/1.0/
dc.subjectSecurity and defence spending
dc.subjectCOFOG database
dc.subjectEU budget
dc.subjectEU public good
dc.subjectEconomía de la defensa
dc.subjectPolítica de la UE
dc.subjectPresupuesto de la UE
dc.titlePublic spending on defence, public order and safety in Spain and the European Union
dc.typeArtículo
dc.identifier.bdebib000475891
dc.identifier.bdepubECBU-2024-Q3-05
dc.subject.bdeEconomía pública
dc.publisher.bdeMadrid : Banco de España, 2024
dc.subject.jelE62
dc.subject.jelH56
dc.subject.jelH77
dc.subject.jelH87
dc.identifier.doihttps://doi.org/10.53479/37495
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