Disarmament for Development in Favour of the Developing Countries

Jacques Fontanel

Chapter 6 in The Economics of International Security, 1994, pp 38-50 from Palgrave Macmillan

Abstract: Abstract Analysis of the economic advantages of disarmament has been reduced to the dictum ‘guns or butter’. The majority of economists have determined military expenditure to be unproductive, a burden to be minimized to the greatest extent commensurate with security constraints. Ceteris paribus, a decision to disarm has been seen as being good for the improvement of economic growth. The present disarmament process is highly exceptional. In a situation of economic crisis, discontent grows. It becomes more difficult to run a heavily militarized economy. In this context, there are three different interpretations of disarmament.

Keywords: World Country; Import Substitution; Military Expenditure; Military Spending; Defense Spending (search for similar items in EconPapers)
Date: 1994
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DOI: 10.1007/978-1-349-23695-4_6

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