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- Ragnar_Nurkses_balanced_growth_theory abstract "The balanced growth theory is an economic theory pioneered by the economist Ragnar Nurkse (1907–1959). The theory hypothesises that the government of any underdeveloped country needs to make large investments in a number of industries simultaneously. This will enlarge the market size, increase productivity, and provide an incentive for the private sector to invest.Nurkse was in favour of attaining balanced growth in both the industrial and agricultural sectors of the economy. He recognised that the expansion and inter-sectoral balance between agriculture and manufacturing is necessary so that each of these sectors provides a market for the products of the other and in turn, supplies the necessary raw materials for the development and growth of the other.Nurkse and Paul Rosenstein-Rodan were the pioneers of balanced growth theory and much of how it is understood today dates back to their work.Nurkse's theory discusses how the poor size of the market in underdeveloped countries perpetuates its underdeveloped state. Nurkse has also clarified the various determinants of the market size and puts primary focus on productivity. According to him, if the productivity levels rise in a less developed country, its market size will expand and thus it can eventually become a developed economy. Apart from this, Nurkse has been nicknamed an export pessimist, as he feels that the finances to make investments in underdeveloped countries must arise from their own domestic territory. No importance should be given to promoting exports.".
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Aggregate_demand.
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Allyn_Abbott_Young.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Big_push_model.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Business_cycle.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Capital_(economics).
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Capital_accumulation.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Category:Development_economics.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Category:Development_studies.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Category:Economic_development.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Category:Economic_growth.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Category:Economic_theories.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Category:General_economics.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Complementary_good.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Critical_minimum_effort_theory.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Currency_crisis.
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Effective_demand.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Financial_plan.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Foreign_direct_investment.
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink High-yielding_variety.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Import_quota.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Import_substitution_industrialization.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Inflationism.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Keynesian_economics.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Low-level_equilibrium_trap.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Measures_of_national_income_and_output.
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Non-tariff_barriers_to_trade.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Output_gap.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Overproduction.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Paul_Rosenstein-Rodan.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Price_elasticity_of_demand.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Purchasing_power.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Ragnar_Nurkse.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Real_wage.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Rostows_stages_of_growth.
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Strategy_of_unbalanced_growth.
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Tariff.
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink Virtuous_circle_and_vicious_circle.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink World_War_II.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink File:Determinants_of_Size_of_Market_in_Ragnar_Nurkses_Balanced_Growth_Theory.svg.
- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLink File:How_increased_productivity_leads_to_economic_development_and_growth.svg.
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- Ragnar_Nurkses_balanced_growth_theory wikiPageWikiLinkText "Ragnar Nurkse's balanced growth theory".
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- Ragnar_Nurkses_balanced_growth_theory subject Category:Development_economics.
- Ragnar_Nurkses_balanced_growth_theory subject Category:Development_studies.
- Ragnar_Nurkses_balanced_growth_theory subject Category:Economic_development.
- Ragnar_Nurkses_balanced_growth_theory subject Category:Economic_growth.
- Ragnar_Nurkses_balanced_growth_theory subject Category:Economic_theories.
- Ragnar_Nurkses_balanced_growth_theory subject Category:General_economics.
- Ragnar_Nurkses_balanced_growth_theory hypernym Theory.
- Ragnar_Nurkses_balanced_growth_theory type Ideology.
- Ragnar_Nurkses_balanced_growth_theory type Work.
- Ragnar_Nurkses_balanced_growth_theory type Ideology.
- Ragnar_Nurkses_balanced_growth_theory type Redirect.
- Ragnar_Nurkses_balanced_growth_theory type Study.
- Ragnar_Nurkses_balanced_growth_theory type Theory.
- Ragnar_Nurkses_balanced_growth_theory comment "The balanced growth theory is an economic theory pioneered by the economist Ragnar Nurkse (1907–1959). The theory hypothesises that the government of any underdeveloped country needs to make large investments in a number of industries simultaneously. This will enlarge the market size, increase productivity, and provide an incentive for the private sector to invest.Nurkse was in favour of attaining balanced growth in both the industrial and agricultural sectors of the economy.".
- Ragnar_Nurkses_balanced_growth_theory label "Ragnar Nurkse's balanced growth theory".
- Ragnar_Nurkses_balanced_growth_theory sameAs Q13113026.
- Ragnar_Nurkses_balanced_growth_theory sameAs നർക്സ്_സിദ്ധാന്തം.
- Ragnar_Nurkses_balanced_growth_theory sameAs m.0h53p_s.
- Ragnar_Nurkses_balanced_growth_theory sameAs Q13113026.
- Ragnar_Nurkses_balanced_growth_theory wasDerivedFrom Ragnar_Nurkses_balanced_growth_theory?oldid=706624046.
- Ragnar_Nurkses_balanced_growth_theory depiction The_process_of_economic_development_as_per_Ragnar_Nurkses_Balanced_Growth_Theory.svg.
- Ragnar_Nurkses_balanced_growth_theory isPrimaryTopicOf Ragnar_Nurkses_balanced_growth_theory.