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Military expenditures, armament, and disarmament

Author

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  • Jacques Fontanel

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble)

  • Michael Ward

    (University of Colorado [Colorado Springs])

Abstract

We examine some putative effects of disarmament ans strategic realignment ion the 1990s. The political and strategic contexts which resulted in the Cold war and the militarisation of economies have changed in important ways. Short term economic benefits of disarmament are likely to be limites and the long term prospects for political, economic and strategic restructuring will be constrained. Cost of peace in the short-run may be significant, if that peace is to include disarmament that includes both reduction of military expenditures and physical limitations of armaments. However we caution against the benefits of disarmament in solely economic terms.

Suggested Citation

  • Jacques Fontanel & Michael Ward, 1993. "Military expenditures, armament, and disarmament," Post-Print hal-02065451, HAL.
  • Handle: RePEc:hal:journl:hal-02065451
    DOI: 10.1080/10430719308404748
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02065451
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