000			02154nam a2200325 a 4500
001			ASIN9058230716
005			20170105102902.0
008			131011s2000 xxu eng d
020			_a9058230716 (hardcover) _c$250.00
020			_a9789058230713 (hardcover)
040			_a0
050	0	4	_aHC79.D4
082	0	4	_a338.426233
100	1		_aBraddon, Derek.
245	1	0	_aExploding the myth? : _bthe peace dividend, regions and market adjustment / _cDerek Braddon.
250			_a1st ed.
260			_a[S.l.] : _bRoutledge, _c2000.
300			_a306 p. ; _c24 cm.
490	1		_aRoutledge studies in defence and peace economics.
520			_aFrom a cold war peak of some $1000 billion per annum, world military expenditure has declined by about 40% since 1990, reaching its lowest level for thirty years. With such significant decline in global public expenditure committments to the defence sector, a substantial and lasting peace dividend was anticipated. Most governments believed that market forces, left more or less to their own devices, would deal effectively with this major exogenous shock and generate sufficient new economic activity to allow increased public expenditure on health, education and welfare. The approach of this book is to challenge the fundamental but flawed belief that a substantial and lasting peace dividend could be secured through market solution alone. The principal assertion is that market adjustment by itself cannot deliver such a dividend.The book focuses on the major aspects of the economic, business and security consequences of post Cold War defence expenditure reduction. Key problems obstructing optimal market response are identified and possible remedial action by government and others is considered.
650		0	_aDefense industries
650		0	_aDisarmament--Economic aspects
650		0	_aEconomic conversion
650		0	_aEconomic history
650		0	_aEconomic policy
650		0	_aPeace--Economic aspects
830		0	_aRoutledge studies in defence and peace economics.
856	4	0	_3Amazon.com _uhttp://www.amazon.com/exec/obidos/ASIN/9058230716/chopaconline-20
942			_2ddc _cBK
999			_c14674 _d14674