Nurkse and the role of finance in development economics

Arbeitspapier

Ragnar Nurkse was one the pioneers in development economics. This paper celebrates the hundredth anniversary of his birth with a critical retrospective of his overall contribution to the field, in particular his views on the importance of employment policy in mobilizing domestic resources and the difficulties surrounding the use of external resources to finance development. It also demonstrates the affinity between Nurkse's theory of mobilizing domestic resources and employer-of-last-resort proposals.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 520

Classification and Topics

• Classification: Wirtschaft ; History of Economic Thought: Individuals ; Macroeconomic Analyses of Economic Development ; Industrialization; Manufacturing and Service Industries; Choice of Technology ; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance ; Fiscal and Monetary Policy in Development
• Subject: Ragnar Nurkse ; Development Economics ; Employer of Last Resort

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kregel, Jan
• Event: Veröffentlichung
• (who): Levy Economics Institute of Bard College
• (where): Annandale-on-Hudson, NY
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/31579
• Last update: 10.03.2025, 11:42 AM CET