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- In what ways do you think taxation and expenditure systems in developing countries could be improved? Be specificWhat should be the goals of Fiscal Policy in developing countries? Why have these goals not been achieved in Pakistan?What are the principal sources of government revenues in developing countries? Why are many taxes so difficult to collect? Discuss.
- What is debt? How developing countries manage debt?What are some major issues that surrounds the issue of debt in developing countriesWhat problems would arise if a developing country defaulted on its external debt? Who would be hurt? What policies would you recommend to ease external debt problems, and what would be the effects of these policies on borrowing countries?