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Article: Policy decisions for a post-cold war economy. (United States economic policies in relations to the changes in Eastern Europe)
- Article from:
- Business Economics
- Article date:
- January 1, 1991
- Author:
CopyrightCOPYRIGHT 1991 The National Association for Business Economists. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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National security policy requires maintaining superiority while pursuing agreement with the Soviet Union. As defense outlays can be curtailed, the military force structure must be conformed to the reduced funding made available, defense companies must be down-sized, a social safety net must be maintained for laid-off workers and affected communities and adequate support provided for science and technology The real peace dividend will come from redirecting defense savings away from government-supported consumption and toward the private sector.
NATIONAL POLICIES for the 1990s must be developed for a world vastly different from that which faced decisionmakers in the ...