Ragnar Nurkse (1907-1959) was one of the most important pioneers
of development economics, and although his writings have been
neglected in recent decades, leading development economists and
international organizations such the United Nations are now turning
to Nurkse in search for new inspiration, due to the failure of
neoclassical economics to adequately explain the experience of poor
and developing countries. Until now, however, all Nurkse's
published works were out of print, and the most recent editions
stem from the early 1960s.
'Ragnar Nurkse, Trade and Development' reprints Nukse's most
important works, making them widely available for an audience of
economists, policy makers, researchers and students. The works
reprinted here include two essays never printed before in this
format: 'Growth in Underdeveloped Countries', (1952) and
'International Trade Theory and Development Policy' (1957), as well
as the collected essays from 'Equilibrium and Growth in the World
Economy' (1961), and the monograph 'Problems of Capital Formation
in Underdeveloped Countries' (1953).
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