1.     How is child labor defined? What is child employment vs child labor? Are all forms of child employment discouraged

2.     Child labor provides an example of a ‘low income trap’. Discuss with reference to the Basu model

3.     How is financial depth measured? Describe the policies that can promote financial deepening

4.     What steps do LDCs need to take to reform their financial systems

5.     What do micro finance institutions do? What role can they play in reducing poverty

6.     What are some of the distinct features of the Grameen bank? Discuss with respect to peer group selection, interest rates, repayment, social role

7.     Discuss the main differences in fiscal policy in DC and LDCs. (Tax rates, types of taxes, spending issues etc

8.     Why is inflation a tax