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The economics of disarmament

Author

Listed:
  • 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)

Abstract

This survey reviews the literature on the economic determinants of military expenditure and the economic foundations of armament and disarmament. It considers the main economic effects of military expenditure and disarmament in developed and developing countries, including impact on consumption, investment, growth, employment, inflation and the balance of payment. It concludes that the main dividend of disarmament is peace itself and that disarmament without development is not synonymous of a durable peace. Disarmament by a reduction of defence spending constraints will not be decided by a rule of proportionality and should be progressive and gradual. It implies controls of military technology, R&D and international trade. Finally, it is useful to bear in mind the costs of peace as well as the investment for peace.

Suggested Citation

  • Jacques Fontanel, 1994. "The economics of disarmament," Post-Print hal-02381994, HAL.
    • Handle: RePEc:hal:journl:hal-02381994
    DOI: 10.1080/10430719408404784
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02381994
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    File URL: https://hal.univ-grenoble-alpes.fr/hal-02381994/document
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    Citations

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    Cited by:

    1. Jacques Fontanel, 1994. "La conversion des activités militaires en productions civiles dans une économie en transition : la Russie," Post-Print hal-03480711, HAL.
    2. Jacques Fontanel, 1994. "Les investissements du désarmement et de la paix," Post-Print hal-03537784, HAL.
    3. Jacques Fontanel & Myriam Donsimoni, 1999. "Les dépenses militaires et les exportations d’armes des pays de l’ex Pacte de Varsovie de 1991 à 1996," Post-Print hal-03154061, HAL.
    4. Jacques Fontanel, 1994. "Les économistes face aux questions de sécurité et de défense," Post-Print hal-03219575, HAL.
    5. Emmanuel Athanassiou & Christos Kollias & Stavros Zografakis, 2002. "The Effects of Defence Spending Reductions: A CGE Estimation of the Foregone Peace Dividend in the Case of Greece," Defence and Peace Economics, Taylor & Francis Journals, vol. 13(2), pages 109-119.
    6. Coyne,Christopher J., 2020. "Defense, Peace, and War Economics," Cambridge Books, Cambridge University Press, number 9781108724036.
    7. Jacques Fontanel, 2004. "La Guerre, une résultante du capitalisme et de la globalisation," Post-Print hal-02553750, HAL.
    8. Jacques Fontanel, 2004. "L’application des sanctions économiques par les Etats-Unis à la fin du XXe siècle," Post-Print hal-02554722, HAL.
    9. Jacques Fontanel, 1999. "Globalisation et guerres économiques," Post-Print hal-03282848, HAL.
    10. Jacques Fontanel, 2004. "Introduction," Post-Print hal-02989893, HAL.
    11. Jacques Fontanel & Manas Chatterji, 1995. "Développement, conversion et développement régional," Post-Print hal-03206737, HAL.
    12. Emmanuel Athanassiou & Christos Kollias, 2002. "Modeling the effects of military tension on foreign trade: Some preliminary empirical findings from the Greek-Turkish rivalry," Defence and Peace Economics, Taylor & Francis Journals, vol. 13(5), pages 417-427.
    13. Jacques Fontanel & Michael Ward, 2002. "A Hard Look at the Costs of Peace," Post-Print hal-03226751, HAL.
    14. Jacques Fontanel, 2004. "La guerre, un phénomène non économique," Post-Print hal-02553592, HAL.
    15. Andreou, Andreas S. & Zombanakis, George, 2003. "The Greek-Turkish Arms Race Using Artificial Neural Networks," MPRA Paper 78576, University Library of Munich, Germany, revised 14 Jul 2003.
    16. Jacques Fontanel, 1995. "Le désarmement pour le développement," Post-Print hal-03328523, HAL.
    17. Andreou, Andreas S. & Zombanakis, George A., 2000. "Financial Versus Human Resources in the Greek-Turkish Arms Race: A Forecasting Investigation Using Artificial Neural Networks," MPRA Paper 13892, University Library of Munich, Germany.

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