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 ?
In a recent study on the peace dividends in the Middle East, the Sharijah Chamber of Commerce and Industry of the United Arab Emirates (6) argues that the superior quality of Israel's industries could dominate Arab economies.
2) First, a peace dividend might be derived from a substantial decrease in defense expenditures and the ensuing release of those resources for productive uses.
BE: Many people are looking for a so-called peace dividend.
Secretary [Dick] Cheney pointed out that people should not look for a peace dividend overnight because most of the defense department's expenditures are for personnel and he'd have to trim forces.
Funds will initially target projects meeting the priorities set out in the Rapid Response Strategy for Post-Conflict, which seeks to generate tangible peace dividends to boost public confidence in the peace process and generate appropriate conditions to implement the peace accords.
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.
The government had earlier resolved the need to rotate the annual peace celebrations among the state capitals across Southern Sudan and initiate and implement projects for the celebrations that would deliver peace dividends to the populations in the host states.
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.
For some the peace penalties are outweighing the peace dividends with much of the south still in a state of humanitarian crisis.
These projects should demonstrate peace dividends, build capacities of Government of Southern Sudan (GoSS) administration and encourage the participation and empowerment of communities affected by conflict and poverty.
With your determination and together with our great people like you, we can achieve a lot for our people and deliver peace dividends.
Again, it would seem that tourism is not the cause but rather the beneficiary, a peace dividend, of the resolution of conflict.