Publisher: Anthem Press
About the book
This volume presents the most important works of the pioneering development economist Ragnar Nurkse. It aims to make Nurkse’s works widely available, given the recent upsurge in interest in his theories on development economics. This volume is supported by a collection of essays entitled Ragnar Nurkse (1907 -2007): Classical Development Economics and its Relevance for Today, also published by Anthem Press.
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 like 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).
Rainer Kattel is Professor of Innovation Policy and Technology Governance, Tallinn University of Technology, Estonia. He has previously edited Creative Destruction Management: Meeting the Challenges of the Techno-Economic Paradigm Shift, with Tarmo Kalvet, (Tallinn, 2006).
Jan A Kregel is Senior Scholar at The Levy Economics Institute of Bard College, the Center for Full Employment and Price Stability, University of Missouri, Kansas City; and Tallinn University of Technology. His books include Rate of Profit, Distribution and Growth: Two Views (London & Chicago, 1971), The Theory of Economic Growth (London, 1972), The Reconstruction of Political Economy (London 1973), The Theory of Capital (London: Macmillan, 1976) and The Past and Future of Banks (Roma, 1997).
Erik S Reinert is Chairman of The Other Canon Foundation, Norway, and Professor at Tallinn University of Technology. His books include How Rich Countries Got Rich … and Why Poor Countries Stay Poor (London, 2007), The Origins of Development Economics, How Schools of Economic Thought have Addressed Development, edited with Jomo, K. S., (London, 2005), and Globalization, Economic Development and Inequality: An Alternative Perspective (London, 2004).