Public Finance and Less Developed Economy : With Special Reference to Latin America

I Some General Remarks about Less Developed Economies -- I. Developed and Underdeveloped Economies -- II. Sketch of the Social Framework of an Underdeveloped Economy -- III. Economic Development -- II Problems of Public Finance in Less Developed Economies -- IV. Government and Economic Activity -- v. Monetary Policy -- VI. Budget Policy as a Growth-Stimulating Instrument Par Excellence -- VII. Government Loans -- VIII. Taxation in a Growing Economy -- IX. The Budget and Balanced Growth -- X. Inflation and Economic Development -- III Recapitulation of the Main Conclusions an Attempt at Synthesis -- XI Limits and Restrictions Imposed on the Traditional Budgetary and Monetary Policy in Less Developed Economies -- XII. Budgetary and Monetary Policy in less Developed Economies.