Wrong strategy 500 billion for defence should be handled differently

Source: dpa 1 min Reading Time

The Kiel economist Moritz Schularick calls for a change of course, because there is no sensible plan to achieve the goal of preserving or defending peace with the many billions.

Are we upgrading sensibly? An economist from Kiel doubts this. In his opinion, there are a number of areas where the problem lies. The planned 500 billion or so should be spent more sensibly than is currently planned. For example, there is too much focus on older systems, such as the Leopard.(Image: Bundeswehr Academy)
Are we upgrading sensibly? An economist from Kiel doubts this. In his opinion, there are a number of areas where the problem lies. The planned 500 billion or so should be spent more sensibly than is currently planned. For example, there is too much focus on older systems, such as the Leopard.
(Image: Bundeswehr Academy)

According to Moritz Schularick, President of the Kiel Institute for the World Economy, the defence strategy must be rethought. The goals must be set in such a way that they can be linked to economic and technological opportunities. What is happening now only means that 500 billion euros will be spent by the end of the decade, but that we will end up just as dependent on the Americans as we are today. However, Schularick does see potential for the industry: "Basically, we have the chance to leapfrog an entire generation of technology, just like the Chinese did with electric cars!"

Too much money is being wasted on old military technology

Instead of buying the tanks developed in the 1990s, for which there was no money in the past 20 years, he believes it would be better to invest the funds in the next generation of defence technology. And Germany is focusing too much on old technologies, warns Schularick in this context. Up to now, 95 percent of the money has been earmarked for manned legacy systems. However, the aim must be to develop the autonomous military vehicle of the future as quickly as possible. Because you have to consider that a 25 million euro tank colossus can be destroyed today by a drone that costs perhaps 50,000 euros, as Schularick notes. The economist continues: "We have the semi-genius idea of putting a second manned system alongside the tank to protect it, although it would make more sense to invest in unmanned systems right away!"

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