Macro Matters: Who Benefits From Defense Burden-Sharing?
FICC Focus
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Advancements and Challenges in Air Defense
This chapter explores the complexities of modern air defense systems amidst evolving threats like drones and missiles. It highlights the strategic importance of supply chains, particularly the challenges faced in sourcing rare materials and the impact of geopolitical dynamics. The discussion also emphasizes the necessity of balancing defense spending with the economic implications of warfare, particularly in light of the ongoing conflict in Ukraine.
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