DEVELOPING COUNTRIES ECONOMIC ACTIVITY FISCAL POLICY GROWTH RATE GROWTH RATES PUBLIC DEBT PUBLIC FINANCE PUBLIC SPENDING TAX ACCOUNTABILITY ACCOUNTING ACCRUAL ACCOUNTING ACCUMULATION OF DEBT ADVANCED COUNTRIES AGGREGATE DEMAND BUDGET CONSTRAINT BUDGET CONSTRAINTS CAPITAL ACCUMULATION CAPITAL SPENDING CENTRAL GOVERNMENT CHECKS COMPOSITION OF PUBLIC SPENDING CONSUMPTION TAXES CONTINGENCY PLANS COUNTRY DATA CURRENT EXPENDITURES DATA ANALYSIS DEBT DEBT ACCUMULATION DEBT CRISES