Book contents
- Frontmatter
- Contents
- Preface
- Introduction
- Ragnar Nurkse: Trade and Development
- 1 Causes and Effects of Capital Movements (1934)
- 2 The Schematic Representation of the Structure of Production (1935)
- 3 Conditions of International Monetary Equilibrium (1945)
- 4 Domestic and International Equilibrium (1947)
- 5 International Monetary Policy and the Search for Economic Stability (1947)
- 6 Growth in Underdeveloped Countries (1952)
- 7 Problems of Capital Formation in Underdeveloped Countries (1953)
- 8 Period Analysis and Inventory Cycles (1954)
- 9 A New Look at the Dollar Problem and the United States Balance of Payments (1954)
- 10 International Investment To-day in the Light of Nineteenth-Century Experience (1954)
- 11 The Relation between Home Investment and External Balance in the Light of British Experience, 1945–1955 (1956)
- 12 Reflections on India's Development Plan (1957)
- 13 Balanced and Unbalanced Growth (1957)
- 14 International Trade Theory and Development Policy (1957)
- 15 Trade Fluctuations and Buffer Policies of Low-income Countries (1958)
- 16 Patterns of Trade and Development (1959)
- Notes
- Bibliography
Introduction
Published online by Cambridge University Press: 05 March 2012
- Frontmatter
- Contents
- Preface
- Introduction
- Ragnar Nurkse: Trade and Development
- 1 Causes and Effects of Capital Movements (1934)
- 2 The Schematic Representation of the Structure of Production (1935)
- 3 Conditions of International Monetary Equilibrium (1945)
- 4 Domestic and International Equilibrium (1947)
- 5 International Monetary Policy and the Search for Economic Stability (1947)
- 6 Growth in Underdeveloped Countries (1952)
- 7 Problems of Capital Formation in Underdeveloped Countries (1953)
- 8 Period Analysis and Inventory Cycles (1954)
- 9 A New Look at the Dollar Problem and the United States Balance of Payments (1954)
- 10 International Investment To-day in the Light of Nineteenth-Century Experience (1954)
- 11 The Relation between Home Investment and External Balance in the Light of British Experience, 1945–1955 (1956)
- 12 Reflections on India's Development Plan (1957)
- 13 Balanced and Unbalanced Growth (1957)
- 14 International Trade Theory and Development Policy (1957)
- 15 Trade Fluctuations and Buffer Policies of Low-income Countries (1958)
- 16 Patterns of Trade and Development (1959)
- Notes
- Bibliography
Summary
My father waved good-bye./I didn't wave back, scared I might drop/my new cold smoky marble.
At the core a spiral/glinted and coiled like a small windy flame/turning in on itself.
That night my mother/shook me from a dream, whispering he was dead,/he was dead, he was dead, as if to teach a language/and I answered: he is dead.
Even in sleep/my hands had not opened.
(D. Nurkse, Cat's-Eye.)Ragnar Nurkse (1907-1957) belongs to the handful of economic thinkers associated with early or high development theory, also referred to as classical development economics or pioneers of development. This group is typically seen to consist of the following key thinkers: Paul Rosenstein-Rodan, Hans Singer, Arthur Lewis, Albert Hirschman, Gunnar Myrdal and Ragnar Nurkse. It can be argued that collectively, their thinking epitomized the best development practices of the past 500 years. It is not a coincidence that the post-World-War- II era, when Nurkse and others ruled the development mainstream, is one of exceptionally good performance for many poor countries. During the 1980s, development economics was replaced by the Washington Consensus thinking and policies that became for all intents and purposes Washington Follies. In recent decades, most developing regions – with the well-known exception of East Asia – experienced growth rates that go clearly against the more or less positive trend of the last 200 years from a long-term historical perspective. In other words, the world after the industrial revolution has not seen such a dismal development performance.
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- Ragnar NurkseTrade and Development, pp. ix - xxPublisher: Anthem PressPrint publication year: 2009