Abstract
[The survey of chapter 1 lays out past and current contributions of economists to the peace economics literature, and the Arrow paper provides a broad look at the contributions of four different approaches in economic analysis. We now wish to probe deeply into critical theoretical and actual problems. There are many ways in which we can organize the different contributions of the scholars that follow. However, at the time of writing, an extremely critical problem of world-wide interest was the impact of the revolutionary political changes taking place in Eastern Europe and Soviet Asia upon the nations and regions involved as well as those in Western Europe and elsewhere. We therefore begin with the contributions of Klein, Gronicki and Kosaka. Their focus is on the Impact of Military Cuts on the Soviet and Eastern European Economies, a contribution which falls within Arrow's category: Macroeconomic Stability Analysis. With the information now available the authors are able to dig more deeply than ever before into the past and evolving economic structures in Eastern Europe. They add to our knowledge of the effects of military expenditures upon the development of totalitarian economies with a set of scenarios realistic for the turn of the decade. (eds.)]
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