Ragnar Nurkse (1907-2007): Classical Development Economics and Its Relevance for Today

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Rainer Kattel, J. A. Kregel, Erik S. Reinert
Anthem Press, 2009 - Business & Economics - 354 pages

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 as 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. Yet Nurkse's contribution to the field has never before been analysed before at book length.

The present volume, 'Ragnar Nurkse (1907-2007): Classical Development Economics and its Relevance for Today', contains a selection of papers that cast new insight on Nurkse's thought, and discuss his relevance for today. The volume also celebrates the 100th anniversary of this profoundly important thinker's birth.

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Contents

Is Microfinance a Silver Bullet
10
Life and Time of Ragnar Nurkse
29
Nurkse and the Role of Finance in Development Economics
53
Early Development Theory from Sun Yatsen
79
lVIihail lVIanoilescu
103
Lewis the Long Wave and Industrialization in the Periphery
147
Ragnar Nurkse and the Law Economics of Development
167
Influences
183
l2 International Currency Experience and the Bretton Woods
267
l3 Some Reflections on Nurkses Patterns of Trade
283
External Influences
297
Notes
329
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