Ragnar Nurkse

Ragnar Nurkse
Born(1907-10-05)October 5, 1907
Käru, Governorate of Livonia, Russian Empire (now Estonia)
DiedMay 6, 1959(1959-05-06) (aged 51)
Le Mont-Pèlerin, Switzerland
NationalityEstonian
Academic career
InstitutionColumbia University
Princeton University
University of Oxford
University of Geneva
Alma materDomschule zu Reval, Tallinn
University of Tartu
University of Edinburgh
University of Vienna
ContributionsBalanced Growth Theory

Ragnar Wilhelm Nurkse (5 October 1907,[a] Käru, Estonia – 6 May 1959, Le Mont-Pèlerin, Switzerland) was an Estonian-American[1] economist and policy maker mainly in the fields of international finance and economic development. He is considered the pioneer of Balanced Growth Theory.[2]


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  1. ^ Kattel, Rainer; Jan Kregel; Erik Reinert (2009). Ragnar Nurkse (1907–2007). Anthem Press. p. 37. ISBN 978-1-84331-786-9. Nurkse's Estonian passport was last extended by the Estonian Consulate General in New York on April 22nd, 1946
  2. ^ Eichengreen, Barry (2018). "Ragnar Nurkse and the international financial architecture". Baltic Journal of Economics. 18 (2): 118–128. doi:10.1080/1406099X.2018.1540186. hdl:10419/267560. ISSN 1406-099X.