Since the inception of human life on earth, man has always been in the pursuit of better life amenities and favourable future prospects, which could cater to the fulfilment of his social needs and desires. The post second world war scenario in the human history changed the course of human beings life style on earth. Although, the second world war was seen with heavy casualties in the history of mankind but the way, the application of technology and newly invented inventions brought revolutionary changes in every sphere of life and put the life style on fast track. The Western European countries and the United States of America grew their economies on larger scale in such a manner that they engulfed the major share of monetary benefits by capturing the economic markets of the developing countries through their quality ensured export products. The country like Japan in Asia came forward and promptly shared their financial strategies. Later, in the decades of 70s, 80s and 90s, countries like Singapore, Malaysia, and Thailand opted the liberal economic policies, took certain measures for the sake to boost their economic stature vis--vis got success in enhancing their fiscal potentials. The Indo Pak sub-continent, a historic and well known place in the world for its enriched natural resources and famous for tales and folklores possessing great heritage of the Indus valley civilization stays away from manipulating the use of info-tech services over the years. No doubt, the present day India taking advantage of its large scale economic market has entered into major economic agreements with number of economically potential countries, yet the alarming demographic component in India, languishing socio-political situation in Bangladesh, falling fiscal scales of Nepal and Bhutan have further halted the dream of strong economic prosperity of the region. The world in focus clearly indicates that this part of the world has far left behind in many areas concerning human prosperity as compared to the economically enriched and politically stable countries of the world. The developing countries are facing serious problems in terms of their increased economic deficits, declining social norms, disharmony among the various segments of society, lack of basic infra-structure in services and business arena, grumbling internal peace and security position. Likewise, poverty has stormed the under-developed countries in such a manner that all their remnants of infrastructure are shambled and their build up capacity in various fields is halted. A weaker economy deep down the necessity to exist and rustle like a wind which results in taking away lot of monetary essentials and ultimately keep the financial basket free of eggs. Poverty dynamics have deeply spoiled the economic itinerary of the frail economies and mostly their pecuniary sheet in their annual fiscal budget does not match their income outputs and their incessant mounting expenditures are like an alarming threat to their GDP ratio. Likewise, the under-developed countries in Africa have their international trade marginalized because of their weaker infra-structures, lesser managerial skills and less effective fiscal policies. The developing countries have one of the basic needs is to open up their economic markets by introducing certain incentive based reforms to the businessmen and industrialists and should liberalize their trade regimes in order to expand their productions and exports and could consequently promote their economic development. The present world scenario is taking the course of high competitiveness in the economic markets and the quality assurance of goods and durability of a product has the pivotal role to play in order to acquire and sustain the trade of any country. The emergence of WTO has also extended the message to developing countries to evaluate their trade policies if they want to survive in the world trading markets. The country like Pakistan which still has a long way to go to shape its economy in accordance with the international trade standards is facing with lots of internal and external problems including the poverty, one which has been mounting ever since the country's inception has the further downbeat effects on its economy. Mostly, the developed countries are scared for putting investment in the projects of the countries facing impediments like security concerns, less incentive based fiscal policies, certain socio-cultural diversity and administrative loopholes and this is one of the reasons that the under-developed economies are under heavily debt. The financial markets of the world are sometimes faced with recession period due to the changed global geo-strategic and geo-political scenario and lead to further lowering down the economic position of under developed countries which subsequently result in enhancing economic depravity there. The countries which face problems like less literacy rates, lower income per capita and non ability of utilization of their natural resources and dwindling economic potential deter fiscal activity. The correlation between the internal peace and security of a country in connection with its socio-political and economic background and the incessant changing global scenario is inevitable in taking away the ideal hope of augmenting monetary uplift and keep the economic activity at snail's pace. The last three decades have come across number of changes with the world viewing demise of the USSR and the emergence of EU countries and China sharply gearing up her economy on info-tech based industry besides the WTO trading system has further manoeuvred the developing countries economic share in the global market at stake due to the lose economic framework of these countries. Unless and until the developing countries do not follow the modus operandi of implementing their economic policies in line with the international standards, they cannot acquire the economic sustainability vis--vis cannot foster fiscal benefits to their economies until they improve their infra-structures and remove management deficiencies.