how the poor size of the market in underdeveloped countries perpetuates its underdeveloped state.[5][6] Nurkse has also clarified the various determinants of the market size and puts primary focus on productivity.[3][7] 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.[1] No importance should be given to promoting exports.[8]