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.

peace dividend

the additional resources that may be made available as a result of cuts in national defence budgets following improved political relationships between Western industrial countries and the former Eastern bloc countries.
References in periodicals archive ?
A removal of the peace dividend would be a further blow to a generation that has sought a change for the better," he added
However, new research on the study published yesterday by PRIO Cyprus Centre showed that the peace dividend could be even greater if one takes a closer look at the benefits a solution would bring to each sector of the economy.
The annual average peace dividend would be just over e1/42 bln in the first five years after a solution, just under e1/45 bln in the first ten years and just over e1/410 bln the first 20 years.
Peace Dividend Trust is a non-profit social enterprise that builds markets, creates jobs and sustains peace in developing countries by championing local entrepreneurs and connecting them to new business opportunities.
Therefore, Peace Dividend Trust and some of the 13 Regional Contracting Centers in Afghanistan offer training to Afghan vendors on how to properly respond to U.
Before councilors debate how to spend money diverted from current wars, they should settle the question of how to appropriate the city's share of the peace dividends that followed the end of the Cold War, the Vietnam War, the Korean War, both world wars and the Spanish-American War.
Uncertainty surrounding Khartoum's oil money transfers to the GoSS, negligence and corruption among the elites on both sides, and the lack of a peace dividend to offset environmental degradation in oil-bearing regions trace the multiplicity of the resource curse in Sudan.
It would also represent a critical peace dividend for the entire region," the UN SG said.
The winner will take the reins of an economy which has enjoyed a partial peace dividend, and is on the path to recovery with big Chinese and Indian investments into infrastructure.
Whoever wins will take the reins of a $40 billion economy still awaiting the full peace dividend, despite large Indian and Chinese investments into infrastructure and about $1.
It is understood that Mr McAleese lobbied for cash to fund projects in UDA-controlled areas as a lucra-tive peace dividend.
Unfulfilled commitments are the Achilles' heel of the peace process and threaten the peace dividend that the people of Nepal expect and so richly deserve.