
Defence inflation and the erosion of military capability
Artillery ammunition prices have risen several hundred percent since 2021. Dr. Rebecca Harding on how defence inflation is eroding NATO military capability.
Rebeccanomics draws on Rebecca Harding’s multidisciplinary approach and her trade, economics and geopolitics domain expertise to provide clients with strategic advice, data-based technology consultancy, research insight and analytics, and public speaking.
The company was founded in April 2016 to bring economics and trade to life through actionable research and insight. Dr. Rebecca Harding’s career spans academia, think-tanks, trade bodies and significant experience in global trade as an economist, fintech founder, data analyst, consultant and media commentator.
This background has demonstrated the need to provide high-quality and rigorous research to the financial and corporate sectors in a clear, focused and timely manner. To achieve our goals, Rebeccanomics convenes and enables dialogue in Economic Security, Sustainable Trade and Digital Trade. Primacy provides an interactive scenario-planning game as a means of making these accessible to a wider audience.
Rebeccanomics was founded in April 2016 to bring economics and trade to life through actionable research and insight. Dr. Rebecca Harding’s long academic career and experience as a global trade consultant has demonstrated the need to provide high quality and rigorous research to the commercial sector in a clear, focused and timely manner. The company’s core values are independence, integrity and rigour. Its mission is to translate these values into research that is relevant, strategic and timely.
Dr. Rebecca Harding is CEO of the Centre for Economic Security and a leading authority on international trade economics. She serves in strategic advisory roles including as Chief Economic Adviser to the Defence Security and Resilience Bank Development Group.
Through her strategic advisory business, Rebeccanomics, she specializes in sustainable trade, digital trade and defence and security finance. In 2022 she received the “Net Zero Entrepreneur of the Year” award at the Scale-up Group’s Enterprise Awards.
In an era where supply chains are no longer just business concerns but national security matters, partnering with Primacy becomes imperative. Through Primacy organisations can:

Artillery ammunition prices have risen several hundred percent since 2021. Dr. Rebecca Harding on how defence inflation is eroding NATO military capability.

Defence spending alone has modest and short-lived effects on growth. Dr. Rebecca Harding on why the STRUCTURE of defence finance is what turns spending into sustained resilience.

South Korea’s export-oriented defence industrial base is dominated by conglomerates. Dr. Rebecca Harding on the country’s SME finance architecture.

85% of Norway’s defence firms are SMEs, yet 70% of revenues sit with just four companies. Dr. Rebecca Harding on why this concentration matters.

Sweden’s defence industrial model is highly capable but structurally constrained. Dr. Rebecca Harding examines why 380 firms sit alongside acute SME access-to-finance risk.

Germany’s defence SMEs face a systemic access-to-finance challenge that has become a strategic vulnerability. Dr. Rebecca Harding on the evidence and the mechanisms.