Ragnar Nurkse's 1953 study, which described the vicious circle of poverty: low income keeps saving and investment low, which keeps productivity and income low, a self-reinforcing trap that ordinary market forces alone do not break.
Facts
Source Typeprimary-text
Sources
Problems of Capital Formation in Underdeveloped Countries
Claims Backed By This Source (27 claims)
This source backs 27 claims across the atlas. As facts: 16 well-attested. As cited relationships: 2 holds, 2 connected. Plus 7 entities citing it as a general reference with no single fact or relationship attached.
Disposition By Topic
- Articles, 14 claims: 8 well-attested, 2 connected, 4 general references.
- Concepts, 11 claims: 6 well-attested, 2 holds, 3 general references.
- Sources, 2 claims: 2 well-attested.
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