The Disarmament Dividend [electronic resource]: Challenges for Development Policy / Jean-Claude Berthélemy, Robert S. McNamara and Somnath Sen
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Working Paper | Biblioteca Digital | Colección OECD | OECD 236570240018 (Browse shelf(Opens below)) | Not For Loan |
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. 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.
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