ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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India s Options in Nuclear World

is insufficient for discerning certain trends but we would like to make a few comments which are admittedly in the nature of speculation. If a combination of low labour and low capital charges is possible in a few developing countries (e g, South Korea, Taiwan, some plants in Latin America), then, it is quite possible that the developed capitalist countries may secure the spread of transnationalisation of the steel industry to these LDCs in a major way after the long recession. What will be the new international division of labour within the steel industry? Units of plant upto the production of crude or semi-finished steel will be located in a few third world countries and finishing facilities will be located in the industrialised countries. In the US, Environmental Protection Agency (EPA) and Occupational Safety and THE atom bombs dropped over Japan 40 years ago marked less the end of the Second World War than the beginning of the cold war between the United States and the Soviet Union. Although the atom bomb is no longer the monopoly of the big powers, paradoxically none could use it even under pressing circumstances. Pakistan's interest in producing the bomb has led to widespread concern in India. This paper recounts the role played by the atom bomb in world politics and examines the points raised about the policy of nuclear deterrent for India in this context.

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