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The Disarmament Dividend: Challenges for Development Policy

Author

Listed:
  • Jean-Claude Berthélemy
  • Robert S. McNamara
  • Somnath Sen

Abstract

. In 1990-1991, worldwide military expenditure amounted to $950 billion. This bill could be reduced by the year 2000 by over $300 billion.. . Excessive military expenditure jeopardizes development prospects. . Policies to achieve transparency and to strengthen military security arrangements should be a priority. . Excessive military expenditure is stimulated by supply-side pressure on the part of producer countries, including a number of OECD Member countries. . Donors should consider concerted incentive policies such as defence conditionality in economic aid.

Suggested Citation

  • Jean-Claude Berthélemy & Robert S. McNamara & Somnath Sen, 1994. "The Disarmament Dividend: Challenges for Development Policy," OECD Development Centre Policy Briefs 8, OECD Publishing.
    • Handle: RePEc:oec:devaab:8-en
    DOI: 10.1787/236570240018
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    Cited by:

    1. Jean-Claude Berthelemy & Remy Herrera & Somnath Sen, 1999. "Defence spending, fiscal federalism, and economic growth in India: A new approach," Defence and Peace Economics, Taylor & Francis Journals, vol. 10(4), pages 311-334.
    2. Randa Alami, 2002. "Military Debt: Perspectives from the Experience of Arab Countries," Defence and Peace Economics, Taylor & Francis Journals, vol. 13(1), pages 13-30.

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