Defense Expenditure

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August 31, 2024 5 min read Definitions
Peace Dividend: Strategic Resource Allocation
Economics Government Regulations Defense Expenditure Resource Allocation Economic Growth Public Services International Relations
The Peace Dividend refers to the resources made available for other purposes if a reduction in international tension allows for cuts in defense expenditure. This concept emphasizes reallocation of funds from military to civilian sectors, fostering economic growth, and enhancing public services.
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