peace dividend - meaning and definition. What is peace dividend
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What (who) is peace dividend - definition

Peace Dividend

peace dividend         
¦ noun a sum of public money available for other purposes when spending on defence is reduced.
peace dividend         
(peace dividends)
The peace dividend is the economic benefit that was expected in the world after the end of the Cold War, as a result of money previously spent on defence and arms becoming available for other purposes.
The peace dividend has not materialised despite military spending going down in most countries.
N-COUNT: usu sing
Global Peace Dividend         
INTERNATIONAL PROPOSAL TO REDUCE MILITARY SPENDING
User:Ivaroekel/sandbox; Draft:Global Peace Dividend
The Global Peace Dividend initiative is a proposal for international negotiations to reduce military expenditure by 2% per year in all countries and use the funds liberated in the fight against planetary emergencies.

Wikipedia

Peace dividend

Peace dividend was a political slogan popularized by US President George H. W. Bush and UK Prime Minister Margaret Thatcher in the light of the 1988–1991 dissolution of the Soviet Union, that described the economic benefit of a decrease in defense spending. The term was frequently used at the end of the Cold War, when many Western nations significantly cut military spending such as Britain's 1990 Options for Change defence review. It is now used primarily in discussions relating to the guns versus butter theory.

Examples of use of peace dividend
1. There is peace, indeed, but where is the peace dividend?" he asked. (Reuters)
2. Related Stories After 2' years, an Aceh peace pact Peace dividend from tsunami?
3. Where, we ask despairingly, did that much–anticipated "peace dividend" go?
4. "The time to reap the peace dividend in the region is now.
5. A multibillion–dollar "peace dividend" from London‘s treasury has also helped entice leaders to share power.