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A Different Perspective on the U.S.-India Nuclear Deal

The U.S.-India nuclear deal was initiated through a framework agreement signed by India’s Prime Minister Manmohan Singh and U.S. President Bush in July 2005. India, at the instigation of Washington, agreed to separate its civilian and military nuclear production facilities, and place all civilian production facilities under the inspection regime of the International Atomic Energy Agency (IAEA), in return for U.S. economic, technological, and military cooperation. The nuclear deal, which took three years to complete, is officially aimed at promoting India’s access to uranium and to civilian nuclear technology, through enlarged importation of both. Whereas nuclear energy contributed a reported 2.5 percent of India’s energy requirements in 2007, the deal is expected to boost the contribution of the nuclear sector to India’s electricity supply, without reducing India’s primary dependence on coal. From its very start, the U.S.-India nuclear deal has generated huge controversies, both in India and internationally. The intent here is to lay bare the implications of the deal for the creation of waste, while putting aside, for the moment, other important controversies associated with the nuclear agreement. | more…

Capital Accumulation and Women's Labor in Asian Economies

Capital Accumulation and Women’s Labor in Asian Economies

The global impact of Asian production of the wage goods consumed in North America and Europe is only now being recognized, and is far from being understood. Asian women, most only recently urbanized and in the waged work force, are at the center of a process of intensive labor for minimal wages that has upended the entire global economy. First published in 1997, this prescient study is the best available summary of this crucial process as it took hold at the very end of the twentieth century. This new edition brings the discussion up to 2011 with an extensive introduction by world-famous economist Jayati Ghosh of Delhi’s Jawaharlal Nehru University. | more…