Ragnar Nurkse's balanced growth theory
id:
ragnar-nurkse-s-balanced-growth-theory-166-4559627
title:
Ragnar Nurkse's balanced growth theory
text:
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
brand slug:
wiki
category slug:
encyclopedia
description:
Economic theory
original url:
https://en.wikipedia.org/wiki/Ragnar_Nurkse%27s_balanced_growth_theory
date created:
2011-08-21T06:09:54Z
date modified:
2024-08-29T17:30:20Z
main entity:
{"identifier":"Q13113026","url":"https://www.wikidata.org/entity/Q13113026"}
image:
fields total:
13
integrity:
15