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What is "peace dividend"

Crossword clues for peace dividend

peace dividend
Longman Dictionary of Contemporary English
peace dividend
noun
EXAMPLES FROM CORPUS
▪ But Cheltenham has been hit by the recession, the signs are there, fuelled in part by the so-called peace dividend.
▪ But the base is about to become a casualty of the peace dividend.
▪ He mumbles some nonsense about clowns being the cause of peace - perhaps the money for the convention is the peace dividend?
▪ The peace dividend has contributed to thousands of job cuts at defence contractors like Dowty group and Smiths industries.
Wiktionary
peace dividend

n. an economic benefit gained from a reduction in defence spending, especially a fund of public money that would be available for other purposes

Wikipedia
Peace dividend

Peace dividend is a political slogan popularized by US President George H.W. Bush and UK Prime Minister Margaret Thatcher in the early 1990s, purporting to describe the economic benefit of a decrease in defense spending. It is used primarily in discussions relating to the guns versus butter theory. The term was frequently used at the end of the Cold War, when many Western nations significantly cut military spending (such as Britain's Options for Change defence review).

Usage examples of "peace dividend".

And those cretins in Congress are in a dogfight to divide up the 'peace dividend.

We'd won, and were now entitled to a well-deserved peace dividend.

Then he had joined the Army himself, military police investigator, and lived and served in those same bases all over again until the peace dividend had closed his unit down and cut him loose.