Macro-economic Aspects of the European Navigation Sytem

Computer Science

Scientific paper

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Scientific paper

GALILEO is a European civilian satellite navigation system intended to offer worldwide services. Besides an open signal free of charge the system will provide a number of additional signals available on certain conditions. These signals comprise in particular commercial signals with added value elements and a public regulated signal. A number of economic studies have been performed and come all to the conclusion that GALILEO will result in substantial macro-economic benefits in particular for Europe. Recent studies have also confirmed the return of investment with respect to the deployment and operations of the system. The paper will present a synthesis of the identified and expected macro-economic benefits as well as potential mechanisms for attracting private investors to invest either in the infrastructure or the value added services and receiver equipment.

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