The Price of War Symposium, London, November 19th

The CERGE-EI Foundation’s annual Price of War Symposium, Next Generation Allied Resilience: Industrial Resurgence, Space Hegemony and Capital Realignment, takes place on Thursday 19 November 2026 at Church House Westminster in London. The premise is direct. The question is no longer simply whether we are resilient, but who our allies are and what we owe them. The traditional alliance architecture of NATO, Five Eyes, and the transatlantic consensus is under strain, while new coalitions and mini-laterals, public and private, are forming around industrial capacity, supply chains, critical infrastructure, orbital assets, and the capital needed to fund them.

Most allied governments now recognise that decades of globalisation hollowed out manufacturing and the defence industrial base. Defence budgets are rising, and pension funds, sovereign wealth, private equity, and venture capital are moving into territory once reserved for the state. Space has become critical infrastructure underpinning military capability, financial systems, and supply chains alike. Yet commitment does not equal capability. Some alliances will turn capital and policy into productive capacity and secure control of the orbital layer. Others will announce spending without building anything that shifts the balance. This symposium examines that gap, bringing together investors, business leaders, policymakers, diplomats, academics, and security practitioners at the intersection of economic security and democratic resilience.

At Kose Advisory, we take part because this is where geopolitics, technology, and capital now converge. Our work centres on translating geopolitical signals, structural dependency, and financial exposure into decisions that protect enterprise and national value. The symposium’s three themes map directly onto the questions our clients face: which industrial alliances will actually deliver capacity, how supply chain and critical technology dependencies shape who can be relied upon in a crisis, and where capital is aligning as strategic priorities displace purely commercial logic. Engaging in this setting allows us to test assumptions about allied commitment, industrial resurgence, and investment flows with the people responsible for financing and governing them, and to sharpen how leaders move from recognising a shifting order to positioning for it.

To learn more: https://the-price-of-war.org/