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 ?
Of course, there would be other claimants for the $567 per capita peace dividend.
This indicates that the peace dividends from the Camp David agreement by far favored Israel over its Arab neighbors and outpaced whatever economic growth was experienced in Arab countries prior to the Camp David accord.
Despite its military successes and subsequent peace dividends, the war does not evoke pride and satisfaction.
With respect to peace dividends, that's not terribly helpful between now and Election Day.
Approach : Territorial Partnerships for Peace and Development seeks to enhance the existing capacities for peace that already exist in Colombia to support the talks to end the conflict, as well as spaces and platforms of social organization, including indigenous movements, peasants and women ; while driving the implementation process and countersignature of agreements with a special emphasis on initiatives to create quick peace dividends in the time immediately after the signing of an eventual peace agreement with the FARC-EP impact sensitive period.
8 million program was made out of the "EU belief that strengthening health services and infrastructure are key to achieve peace dividends and is a fundamental and basic human right that all the people of the world should enjoy especially our brothers and sisters in East Sudan".
These new centers for developing advanced manufacturing technologies are significant peace dividends.
This L-I Employment Project links the rapid and temporary employment creation targeting youth and woman with peace dividends, on the assumption that if they have immediate access to income opportunities that they perceive as first-hand peace dividends allowing them to cover the basic needs of their families and community households at a larger scale, then their confidence in the state will be enhanced, providing a foundation for stronger civic engagement.
Having its basic documents in place, party officials argue, will enable the SPLM to pursue, with renewed energy, the process of transforming itself into a mass political party capable of delivering peace dividends to the people of South Sudan.