Arms Race and Peace

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Fore peace-lovers it was a strange and bewildering sight: people dancing and cheering in the streets of New Delhi and Islamabad because their governments had exploded an atomic bomb, politicians bragging about the nuclear capabilities of their countries, the press going wild over the achievements of their scientific institutions. Achievements? In Europe, people had lived for decades under the threat of a nuclear holocaust, they had danced and cheered when the Cold War ended. Now another threat of nuclear war, this time between two of the most populous, but also the most impoverished nations of the world? How could anybody be happy about the news of the successful nuclear tests? Wasn’t it absurd that the masses were cheering when their governments were spending the little money they had on the military and on expensive atomic gadgets instead of combating poverty in their countries. The political reactions were quick to follow. A day after India had exploded its first bombs under the Rajasthan desert, in a concerted action, the EU and the G7 countries as well as the world bank suspended all new loans for the country. Pakistan met the some fate after it conducted its own atomic test series a few days later. Development cooperation with the two countries has thus been dealt a severe blow. In the last 50 years, both states have been important recipients of world aid.

ABOUT THE AUTHOR M. Lakshmi Narasaiah

Dr. M. Lakshmi Narasaiah, has been working as Professor and Head, Department of Economics, Sri Krishnadevaraya University Post-Graduate Centre, Kurnool, Andhra Pradesh. He is a Post-Graduate in Economics and has secured first rank. He has received Ph.D., Degree from Sri Krishnadevaraya University, Anantapur, in 1987. He has worked as UGC JRF and UGC SRF. Starting his professional career as an Assistant Professor of Economics in Sri Krishnadevaraya University, Anantapur, he has been actively engaged in teaching and research for the past twenty years. He was associated with the Government of Andhra Pradesh. Planning Department in the center for planning and Development studies projects. He has extensively travelled abroad. He has to his credit 175 research papers published in reputed National and International Journals, a large number of book reviews and seminar papers besides supervising M.Phil., and Ph.D., studies. He is also working on number of research projects. He has frequently participated in national and international conference. He is author of 27 books. Prof. M. Lakshmi Narasaiah is a member of large number of national and international associations and is associated with academic in several universities and professional organization. He has been acting as a member of the "Review Committee" he various international economic journals.

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Bibliographic information

Title
Arms Race and Peace
Author
Edition
1st ed.
Publisher
ISBN
8171417639
Length
viii+152p.
Subjects