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Ragnar Nurkse

Ragnar Nurkse
Born (1907-10-05)October 5, 1907
Käru, Governorate of Livonia, Russian Empire (now Estonia)
Died May 6, 1959(1959-05-06) (aged 51)
near Lake Geneva, Switzerland
Nationality Estonian
Institution Columbia University
Princeton University
University of Oxford
University of Geneva
Alma mater Domschule zu Reval, Tallinn
University of Tartu
University of Edinburgh
University of Vienna
Influenced Paul Rosenstein-Rodan
Contributions Balanced Growth Theory

Ragnar Nurkse (5 October [O.S. 22 September] 1907, Käru, Estonia – 6 May 1959, near Lake Geneva, Switzerland) was an Estonian international economist and policy maker mainly in the fields of international finance and economic development.

Ragnar Nurkse was born in Käru village, Governorate of Livonia of the Russian Empire (now in Käru Parish, Rapla County, Estonia), son of an Estonian father who worked himself up from lumberjack to estate manager, and an Estonian-Swedish mother. His parents emigrated to Canada in 1928.

After a Russian-speaking primary school, Nurkse attended the elite Cathedral School of Tallinn, the most prestigious, German-language secondary school in the city, from where he graduated with higher honors in 1928. He continued his education at the Law School and the economics department of the University of Tartu from 1926 to 1928, and then in economics at the University of Edinburgh. He graduated with a first class degree in economics, under professor Sir Frederick Ogilvie, in 1932. He earned a Carnegie Fellowship to study at the University of Vienna from 1932 to 1934.

Nurkse served in the Financial Section and Economic Intelligence Service of the League of Nations from 1934 to 1945. He was the financial analyst and was largely responsible for the annual Monetary Review. He was also involved with the publication of The Review of World Trade, World Economic Surveys, and the report of the Delegation on Economic Depressions entitled "The Transition from War to Peace Economy".


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