The impact of the current defense build-down
Abstract: For the third time since the end of World War II, the United States is engaged in a long-term defense build-down. This article provides a broad macroeconomic overview of the current build-down relative to the build-downs following the Korean War and the Vietnam War. In addition, the authors examine regional and industrial impacts of cuts in defense spending.
File(s): File format is application/pdf http://www.newyorkfed.org/research/quarterly_review/1992v17/v17n3article5.pdf
Provider: Federal Reserve Bank of New York
Part of Series: Quarterly Review
Publication Date: 1992