1. The emergence of giant multinational corporations is said to have altered the very nature of international economic activity. In what ways do these MNCs affect the structure and pattern

1. The emergence of giant multinational corporations is said to have altered the very nature of international economic activity. In what ways do these MNCs affect the structure and pattern of trading relationships between the developed world and the developing world? * 2. How important is foreign aid for low- and middle income developing economies in relation to their other sources of foreign-exchange receipts? Explain the various forms that official development assistance can take, and distinguish between bilateral and multilateral assistance. Which do you think is more desirable, and why? * 3. Under what conditions and terms do you think developing countries should seek and accept foreign aid in the future? If aid cannot be obtained on such terms, do you think developing countries should accept whatever they can get? Explain your answer. * 4. are the differences between official development assistance (public foreign aid) and private development assistance from nongovernmental organizations (NGOs)? Which type of aid is more desirable from the perspective of recipient countries? Explain your answer. * 5. is meant by financial repression, financial liberalization, currency substitution, and unorganized money markets, and how do they relate to financial policy in developing countries? * 6. are the principal sources of government revenues in developing countries? Why are many taxes so difficult to collect? Discuss. * 7. In what ways do you think taxation and expenditure systems in developing countries could be improved? Be specific. * 8. Discuss the potential role of NGOs in relation to the government and private sectors. are the most important potential areas of comparative advantage of NGOs? are the most important “voluntary failures” that can inhibit NGOs from realizing their comparative advantages in development activities? * 9. Do you think that setting goals for development could in itself a developing nation to achieve those goals? Why or why not? * 10. do you think should be the role of the state in contemporary developing countries? Is the choice between markets and government an either-or choice? Explain your answer. *

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