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.
Find a translation for the peace dividend definition in other languages:
Select another language:
Discuss these peace dividend definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"peace dividend." Definitions.net. STANDS4 LLC, 2015. Web. 25 Apr. 2015. <http://www.definitions.net/definition/peace dividend>.