Balázs Markó

I am looking forward to collaborating with the Kiel Institute – there is much to be done in Geoeconomics, especially in Europe, and they are at the global frontier of the field.

2. What are the most important economic determinants of victory in long wars of attrition, such as the Ukraine War, and how should governments run war economies?

Happy to announce that the @kielinstitute Kiel Institute for the World Economy has offered me the Junior Excellence Fellowship of the Next-Geo Program in Geoeconomics. Besides participating in several conferences and workshops on the economics of geopolitics and military power,

🎉 Honored to receive the Best Paper Award of the 2025 Econometric Society European Winter Meeting for my JMP Huge thanks to the Program Committee — looking forward to the conference in Cyprus Have a look at my JMP thread 👇👇

and preferably do so by coordinating industrial policy across EU member states, which can reduce costs.

3. If we want to convince the Russian government that it will not be possible to capture Eastern European territories through slow, grinding attritional warfare, as in Ukraine, we must invest in our European defense production capacity,

My article on industrial wars of attrition was recently published in Rivista Eco, with the (quite provocative) title "Wars are won in factories, not in the trenches": rivistaeco.com/2025/09/18/le-…