Iqbal had only stressed the need to define and set up the mechanics of the trust fund because the "first part of normalization is economic action on the ground so that people, our combatants, would feel that there is a peace dividend
after the signing of the Framework Agreement."
The research, first published last year, found a solution to the Cyprus problem would yield a peace dividend
of at least e1/41.8 billion per year in new business with Turkey and other opportunities for the island, with each Cypriot family standing to gain an extra e1/45,500.
Speaking on the occasion of the NATO Defence Ministers' meeting on 2 December 1999, Lord Robertson told reporters that "The time for a peace dividend
is over because there is no permanent peace -- in Europe, or elsewhere.
Gone the hope for universal health care, gone the hope for a peace dividend
, gone the hope for rebuilding our cities, gone the hope for a more just economy.
Secretary [Dick] Cheney pointed out that people should not look for a peace dividend
overnight because most of the defense department's expenditures are for personnel and he'd have to trim forces.
"I don't think there would be a peace dividend
, in fact probably the reverse," if the Downing Street Accord were implemented, he says.