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 Nurkses published works were out of print, and the most recent editions stem from the early 1960s. Ragnar Nurkse, Trade and Development reprints Nukses 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).
Trade and Development