OECD Development Centre Policy Briefs
- Discontinued
The OECD Development Centre links OECD members with developing and emerging economies and fosters debate and discussion to seek creative policy solutions to emerging global issues and development challenges. OECD Development Centre Policy Briefs summarise conclusions reached for policy makers.
Also available in: French
- ISSN: 20771681 (online)
- https://doi.org/10.1787/20771681
The Disarmament Dividend
Challenges for Development Policy
. 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.
Also available in: French
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