Defence spending sprees tend not to deliver lasting growth, says IMF
Fund’s research tempers claims by European governments that bigger military budgets should revitalise their economies
Related reading
US investors boost defence exposure as global wars fuel spending boom
Trend reverses prior hesitance over arms investments because of slow growth and perceived conflict with ESG standards
Germany to boost defence spending at faster rate than France or UK
Berlin plans a 70% increase in military spending to €162bn by 2029, according to leaked paper
Europe’s largest defence groups set to return $5bn to shareholders in 2025
Sector increases investment and rewards investors after surge in global military spending following Ukraine war
Deterrence costs and we will all have to pay
There is a need to stop wishful thinking on defence expenditure
Trio of European states set up new fund to boost defence spending
UK, Netherlands and Finland join forces to reduce procurement costs through economies of scale
Defence stocks give back gains as investors buy rumour but sell war
Production bottlenecks and uncertainty over US munitions funding weigh on stock prices for weapons makers