Converting Resources from Military to Non-Military Uses

Bibliographic Data

ID4029284
AuthorsJurgen Brauer (0000-0002-6316-9271, Assistant Professor of Economics, School of Business Administration, Augusta College, Augusta, Georgia.), John Tepper Marlin (Director, Conversion Information Center, Council on Economic Priorities, New York, New York; Chief Economist, Office of the Comptroller, City of New York.)
Year1992
Volume6
Issue4
Pages145-164
Publication date1992-11-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.6.4.145
OpenAlexW2025396970
LanguageEN
Citations received7
References cited2

As a proportion of gross national product, U.S. military spending has declined steadily since the mid-1980s. The end of the Cold War has given rise to calls for even more cuts in military spending. In early 1992, President George Bush proposed to reduce military spending by 3 percent per year, in real dollars, for the next five years. The Democratic leadership in the House of Representatives countered with a plan calling for substantially deeper cuts. Any substantial changes in military expenditures imply a "conversion" of physical and human resources from military to nonmilitary uses. This article will focus on some distinctive characteristics of the U.S. military sector and on some adjustment costs that reduced military spending are likely to impose on military industries, occupations, regions, and communities

Democracy · Economic growth · Economics · Gross domestic product · Military operations other than war · Military science · Military sociology · Military theory · Military threat · Political science · Politics · Revolution in Military Affairs · Spanish Civil War · Defense, Military, and Policy Studies · History · Law

Tools

Open DOISci-HubOpen Access