This book is a compilation of comprehensive analyses in the field of development economics and related financial aspects. The text is intended to provide an analytical background and in-depth understanding of economic development, economic and fiscal policy, international relations, and other associated themes. With the primary aim of development outgrowth, this book is written in the perspective of Millennium Development Goals (MDGs), with focus on improving social and economic conditions of underprivileged countries through various aspects including gender equity. The discussions provided in this book stem from the author's personal study of national and international articles, reports from The World Bank, International Monetary Fund, United Nations Development Programme, and other international organizations.