The Fiscal Advisory Functions of United Nations Technical Assistance

Economic development involves the whole society of the developing country. The help that foreign countries can give in the process of development is necessarily limited, both in amount and in character. The United Nations has concentrated its aid to developing countries on “technical assistance†—a term that covers a wide range of activities. Along with help and instruction in particular techniques of industry and other such activities, UN technical assistance has also encompassed help and advice in matters of public administration and the execution of public policy in matters affecting development. Public finance is a field of special importance in this connection, both because of its direct importance to the process of development and because its complexity provides the need and opportunity for international assistance. The process of financing is intimately linked with every single activity in the economy and, therefore, the study of these problems affects every phase of economic development. Moreover, in countries which are still at the early stages of development, public finance must necessarily be used to support a nascent private enterprise sector. There is a need for providing social overhead and a necessity for adjusting the revenue system to the requirements of productive investment without eroding the base to an extent which would make it impossible to mobilize the funds needed for economic expansion.