The impact of the current defense build-down

Ronnie Lowenstein and Richard Peach ()

Quarterly Review, 1992, vol. 17, issue Aut, 59-68

Abstract: For the third time since the end of World War II, the United States is engaged in a long-term defense build-down. This article provides a broad macroeconomic overview of the current build-down relative to the build-downs following the Korean War and the Vietnam War. In addition, the authors examine regional and industrial impacts of cuts in defense spending.

Keywords: Defense contracts; War - Economic aspects; Employment (Economic theory) (search for similar items in EconPapers)
Date: 1992
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