Definitions for peace dividend
This page provides all possible meanings and translations of the word peace dividend
an economic benefit gained from a reduction in defence spending, especially a fund of public money that would be available for other purposes
Peace dividend is a political slogan popularized by US President George H.W. Bush and UK Prime Minister Margaret Thatcher in the early 1990s, purporting to describe the economic benefit of a decrease in defense spending. It is used primarily in discussions relating to the guns versus butter theory. The term was frequently used at the end of the Cold War, when many Western nations significantly cut military spending.
Sample Sentences & Example Usage
Will cross-Taiwan Strait relations continue to advance on the road of peaceful development, so people can enjoy the peace dividend? ... Or will it turn back, turning its back on history and returning to the evil ways of Taiwan independence?
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"peace dividend." Definitions.net. STANDS4 LLC, 2016. Web. 14 Feb. 2016. <http://www.definitions.net/definition/peace dividend>.