Devel Finan (LAW-723SB-001)
Development Finance, the World Bank, and other IFIs:
This course provides an in-depth look at the modern-day architecture of International Finance Institutions (IFIs), and their prospective evolution. Starting from a historical review of the rationales for the creation of the IMF, the World Bank and the major regional development banks, participants will have the opportunity to examine the evolving role of the IFIs. The course will look in detail at some current issues, such as: (i) the performance of the IFIs in the response to the global recession which started in 2008; (ii) the ongoing debate on governance of IFIs and the establishment of new IFIs in the face of the changing balance of powers in the international community; (iii) the Millennium Development Goals and upcoming Sustainable Development Goals and how they impact the IFIs’ agendas. The course will also provide an overview of the debate around the development models implicitly or explicitly espoused by different IFIs, as well as the critiques leveled by many parties against them.
Textbooks and Other Materials
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First Class Readings
Not available at this time.
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