Seeing the impact: The socio-economic benefits of peaceful nuclear technologies

The widespread use of 'atoms for peace' brings tens of billions of dollars of benefits annually to people across the globe. They contribute to better medical care, food production, electricity generation, and manufacturing, for example. In many countries today, nuclear and radiation technologies are established, dynamic components of national economies. But dollars and cents tell only part of the story, and figures are not equally sustainable for all countries that apply nuclear technologies. Better assessments are needed of when, where, and why the atom's peaceful benefits can be realized, and as importantly, how they can be sustained. The information is important for decision-makers and the public alike. Even the most novel or sophisticated nuclear techniques do not stand alone, and nuclear technology decisions must be framed in a larger picture. Nuclear applications have to be judged against their potential contributions and compared to conventional competitors. They must be measured, too, in terms of cost, reliability, safety, simplicity, sustainability and other factors central to plans of governments, private companies, research institutes and consumers. For all these constituencies, more reliable information is needed to assist in making choices. In the nuclear area, the information is often rightly or wrongly shaped by perceptions and misperceptions about risk. In addition, new challenges - such as privatization in electricity production and health care-need to be taken into account to evaluate fairly the economic competitiveness and future of nuclear applications. Through informed assessments, we can reach a better understanding of the impact of peaceful nuclear applications, which will help countries make better decisions on future uses. This article takes stock of the peaceful atom's social and economic impact and compares different approaches to assessing benefits. Such assessments can provide important insights about how nuclear applications can best serve the most pressing needs of the world's development