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Ensuring Economic Growth Besides Military Industry

570 words - 3 pages

Disarmament and development have a complex yet definite relationship, wherein the implementation of one is favorable for the progress of the other. Disarmament, when not threatening the security of the concerned nation, results in a decrease in military expenditure, reduced global tensions, increased safety and in turn, greater international cooperation and stability. Development, by means of achieving social and economic progress and reducing poverty, increases the wellbeing and stability of nations, hence reducing the need for armaments. Hence, this combination of stability and security provides the basis for the relationship between disarmament and development. This relationship has long since been determined; yet, there are many obstacles, political and non-political, which have deterred the progress of these processes. The reason disarmament has a positive effect on development is the ill effects of armaments or weapons. Weapons can have ...view middle of the document...

Lack of security results in social friction, economic difficulties and environmental degradation; it reduces confidence in the economy of the nation and discourages a decrease in military expenditure. Increased military expenditure is generally ineffective in achieving development as it does nothing to improve the living standards of the citizens. This is because increased military spending has a tradeoff of reduced government spending on developmental projects. Investment opportunity and willingness to invest also decrease. The creation of an insecure society often leads to lack of provision of basic facilities and infrastructure. It is only through disarmament that the nation can achieve security and peace, conditions essential for sustainable development. Security, both on a regional and international level, is essential for both disarmament and development. Lack of security results in social friction, economic difficulties and environmental degradation; it reduces confidence in the economy of the nation and discourages a decrease in military expenditure. Increased military expenditure is generally ineffective in achieving development as it does nothing to improve the living standards of the citizens. This is because increased military spending has a tradeoff of reduced government spending on developmental projects. Investment opportunity and willingness to invest also decrease. The creation of an insecure society often leads to lack of provision of basic facilities and infrastructure. It is only through disarmament that the nation can achieve security and peace, conditions essential for sustainable development. Although the damage of arms proliferation is already very advanced in Chad, there is still a window of opportunity to reverse the situation before more lives are lost and many other people displaced – reminiscent of the situation in Sudan’s Western Darfur and of other past conflicts in Africa.
Once Chad is successful in its attempts to increase disarmament amongst the people, it has then very bright chances of improving its economic growth at a drastic rate as disarmament would increase stability and safety in the region to encourage economic activities to grow as a result of improved confidence of investors in the region.

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