peace dividend
English
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Noun
editpeace dividend (plural peace dividends)
- An economic benefit gained from a reduction in defence spending, especially a fund of public money that is thereby made available for other purposes.
- 2023 September 30, Patrick Wintour, “‘No turning back’: how the Ukraine war has profoundly changed the EU”, in The Guardian[1], →ISSN:
- The peace dividend, or what Borrell calls the security “siesta”, is truly over. Russia’s invasion led to defence spending by EU states in 2022 for the first time surpassing that of 1989 – 30% higher than in 2013.
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