1. The conceptual framework underpinning the Low-Income Countries (LIC), debt sustainability analysis is essentially the same as that for Market Access Countries (MAC), Debt Sustainability Analysis; however, its implementation involves different data and operational issues that reflect the prevalence of concessional financing. In the light of these differences with MACs, give the general recognition that analyses total public debt in LICs that give more prominence to the analysis of "External Public Debt"?
2. Assess the issues Debt Sustainability Analyses using a baseline trajectory for public debt based on the assumptions underlying the macroeconomic framework
3. What is involved in developing the principles of borrowing policies?
4. Discuss the two simplicity of principles of borrowing policies