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... debt reduction and financial assistance of from the World Bank and IMF † 17 Development Finance, MPP, VJU Prof Koji Fujimoto 18 Development Finance, MPP, VJU Prof Koji Fujimoto ✍ 19 .. .Development Finance, MPP, VJU Prof Koji Fujimoto Development Policies and Approaches/Strategies Employed in throughout the World Development Theories in the 19 40s and ‘950s (1) Harrod-Domar... Policies and Areas of Conditionalities 13 Development Finance, MPP, VJU Prof Koji Fujimoto Reforms Trade and Foreign Exchange Policies * Devaluation of Foreign Exchange Public Expenditure and Investment