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Peace Dividend

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Peace Dividend
A byword for the benefits for a government's budget (and presumably for the economy as a whole) resulting from a reduction in military spending following the end of a war or conflict. The peace dividend frees up money to spend on other things, which may have a significantly positive effect in the long term. However, it may cause job losses in some areas that are economically dependent on the military. The term was used frequently in the United States and Britain after the Cold War to justify military budget cuts.


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These measures are necessary to expedite the country's development program and rebuild the infrastructure as peace dividend to the people gravely affected by the huge damage caused to infrastructure due to fight against militancy," Babar quoted Zardari, as saying.
Analysts are expecting a large investment peace dividend in the country where bomb attacks and fighting dented investor confidence and kept high-spending tourists away from the tropical South Asian island.
9780838641866 Economic assistance and the Northern Ireland conflict; building the peace dividend.
 
 
 
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