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Les investissements du désarmement et de la paix

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  • Jacques Fontanel

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble)

Abstract

Disarmament has often been associated with the idea of a 'peace dividend'. However, a process of drastically reducing military spending often leads to economic recession, even if other public expenditures are made to compensate. The capital of the arms industries has often become obsolete, because their reconversion into the civilian domain is not economically possible given the economic competition. In the long term, for an equivalent level of security, peace offers greater prospects for economic growth, but one must first take into account the sectoral or regional crises that will appear in the short term. The relationship between technological innovation and military R&D proved to be very strong in the economic development of the Cold War. Diversified economic policies are therefore needed to promote the competitiveness of companies and avoid underemployment.

Suggested Citation

  • Jacques Fontanel, 1994. "Les investissements du désarmement et de la paix," Post-Print hal-03537784, HAL.
    • Handle: RePEc:hal:journl:hal-03537784
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-03537784
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    File URL: https://hal.univ-grenoble-alpes.fr/hal-03537784/document
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    References listed on IDEAS

    as
    1. Jacques Fontanel, 1993. "Economistes pour la paix," Post-Print hal-03211534, HAL.
    2. Jacques Fontanel & Michael Ward, 1993. "Military expenditures, armament, and disarmament," Post-Print hal-02065451, HAL.
    3. Lynn E. Browne, 1988. "Defense spending and high technology development: national and state issues," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-22.
    4. Jacques Fontanel, 1994. "The economics of disarmament," Post-Print hal-02381994, HAL.
    5. Jacques Fontanel, 1982. "Introduction. Military expenditures and Economic Growth (France, Morocco)," Post-Print hal-03264692, HAL.
    6. Jacques Fontanel, 1982. "Military expenditures and Economic Growth (France, Morocco)," Post-Print hal-03264772, HAL.
    7. Jacques Fontanel & Ron Smith, 1986. "Le coût des forces nucléaires," Post-Print hal-02510740, HAL.
    8. Ron Smith & Anthony Humm & Jacques Fontanel, 1987. "Capital-labour substitution in defence provision," Post-Print hal-03205374, HAL.
    Full references (including those not matched with items on IDEAS)

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