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Title:Nurkse and the role of finance in development economics PDF Logo
Authors:Kregel, Jan
Issue Date:2007
Series/Report no.:Working papers // The Levy Economics Institute 520
Abstract: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.
Subjects:Ragnar Nurkse
Development Economics
Employer of Last Resort
JEL:B31
O11
O14
O16
O23
Document Type:Working Paper
Appears in Collections:Working Papers, Levy Economics Institute of Bard College

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