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Military Expenditures, International Economic Relations and Détente

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Coexistence, Cooperation and Common Security
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Abstract

Throughout most of the post-World War II period, the amount of resources — human, financial and material — devoted to military sectors around the world has increased steadily; in some years the rate of increase has been quite rapid. By 1983, world military expenditure (measured in 1982 US dollars) was estimated by the United States Arms Control and Disarmament Agency to have reached $778 billion. Between 1963 and 1983, the countries of the world spent some $12 539 billion on their armed forces (again measured in 1982 US dollars). As the sums devoted to the military sector have grown, voices have increasingly been raised, particularly within the United Nations system, that the global economy has been distorted by this use of resources and would greatly benefit from a re-ordering of governmental priorities which would enable expenditure on the armed forces to be reduced.

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References

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© 1988 Pugwash Conferences on Science and World Affairs

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Ball, N. (1988). Military Expenditures, International Economic Relations and Détente. In: Rotblat, J., Valki, L. (eds) Coexistence, Cooperation and Common Security. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19369-1_23

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