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Synopsis The Economic and Financial Developments are considered quite desirable for the growth and prosperity of an economy. These developments are normal phenomenon and should be appreciated even the same seems to be painful for the time being as their long-term effect prove quite beneficial. In the present book efforts have been made to highlighten some of the important economic and financial developments taken place in every kind of economy during the era of planned economic development. These developments have been discussed by using latest data and policy measures so that true state of affair of an economy may be reflected. The content of the book prove quite useful for the students, teachers and researchers of the subject. The policy makers also find contents of the book equally useful.