Exam 15: Finance and Fiscal Policy for Development  

Compare and contrast the experience of Poland and Chile in their efforts at privatizing SOEs. Make sure you include a background discussion of privatization, methods adopted, and outcomes of privatization in the two countries.

Macroeconomic stabilization involves

Which of the following is an objective of macroeconomic stabilization?

Does it matter how much a developing country saves? Explain why or why not. Discuss theories and evidence on whether developing countries can increase the net savings rate in the economy through public policy. In particular, consider whether this can be accomplished through increased or decreased taxation of one or more types, and increased or decreased government spending of one or more types.

The evidence regarding military spending is that it

Among the rationales for state-owned enterprises is

What are the key elements that need to be considered in developing an optimal sequence of financial sector liberalization? Will the order differ across countries? Why or why not?

Compare and contrast the level of military spending in developing and developed economies. Compare and contrast the level of military and social spending in developing economies. What evidence is there regarding the link between economic development and military spending?

From 1995-1997, tax revenue as a percent of GDP

Describe the costs and benefits of privatization of state-owned enterprises. In which cases would privatization seem most advisable?

The military expenditures of developing economies make up approximately

Why are women considered to be more creditworthy for microloans?

Among the rationales for state-owned enterprises is

In what ways do the actual and potential roles of central banks differ between developed and developing countries?

One of the characteristics of financial repression is

A development bank

Currency substitution means

What is meant by the term dynamic incentives in the context of making loans to micro borrowers.

Discuss the pros and cons of the recent introduction and expansion of stock markets in the developing countries.

How can joint liability lower the interest rate for microborrowers?