Ebook: Economics of Arms Reduction and the Peace Process: Contributions from Peace Economics and Peace Science

The subject of peace economics and its ramifications are comprehensively and deeply attacked in this book. First of all the book presents a compact survey of significant contributions already made, and then it provides a broad theoretical background for examining the subject by evaluating four different approaches, those of 1) neoclassical welfare theory, 2) Keynesian and modern versions of macroeconomics, 3) modern growth theory and 4) political choice theory. A number of contributions deal with major questions on issues such as the impact of military cutbacks in the Eastern European economie.;Front Cover; Economics of Arms Reduction and the Peace Process: Contributions from Peace Economics and Peace Science; Copyright Page; Table of Contents; List of Illustrations; List of Tables; Preface; CHAPTER 1. A SURVEY OF THE PEACE ECONOMICS LITERATURE; 1.1 Introduction; 1.2 The General Conceptual Framework and Some Basic Issues; 1.3 Standard Resource Allocation Analysis and Strategic Behavior; 1.4 Arms Race Models and Arms Control; 1.5 Macroeconomic Stability Analysis; 1.6 Disaggregate (Micro- ) Analysis of Defense Spending Impacts.