Review of Cavity Radius and Chimney Height Information for Underground Nuclear Tests at Nevada National Security Site

Quantitative estimates show that India's nuclear tests caused important economic damage to India and its neighbors, Pakistan and China. Pakistan's tests caused further economic damage to all three countries. In response to India's tests, India's stock market fell by 7.26 percent, Pakistan's by 10.59 percent and China's by 2.70 percent. In response to Pakistan's tests, India's stock market fell by another 5.57 percent, Pakistan's by 16.82 percent and China's by 3.93 percent. Overall, the two countries' tests caused India's stock market to fall by 12.83 percent, Pakistan's by 27.41 percent and China's by 6.63 percent. Some argue that going nuclear increased India and Pakistan's national security and their international political standing. In the financial markets' opinion, these tests caused major reductions in both countries' economic security, and harmed China's economic security. The tests had no important effects on the Group of Ten countries' stock markets; thus, the tests' economic effects seem for the moment of be confined to southern Asia.

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Constructivism, identity and neoliberal (in)security

Review of International Studies ◽

10.1017/s0260210504006096 ◽

2004 ◽

Vol 30 (3) ◽

pp. 319-341 ◽

Cited By ~ 16

Author(s):

Latha Varadarajan

Keyword(s):

National Security ◽

Global Economy ◽

Close Attention ◽

Capitalist Economy ◽

Global Capital ◽

Nation States ◽

Security Practices ◽

Nuclear Tests ◽

The Relationship

How do we understand the relationship between ‘national security’ and a global capitalist economy? I argue in this article that liberal constructivist scholars have tended to ignore the constitutive effects of the global economy in the process of distancing themselves from ‘materialist ontologies’ and ‘rationalist epistemologies’. I contend that an important aspect of state identities is that they are dynamic and are historically constituted in and through a relationship to global capital. Only by paying close attention to this fluctuating terrain, can one make sense of the security practices of nation-states. In the latter half of the article, I illustrate my argument with an analysis of the Indian nuclear tests of 1998.

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