The International Financial Institutions: Case Studies in the Search for Relevance
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Through the use of case studies and simulations, a new four credit version of this course examines selected policies and programs of the major multilateral international financial institutions: the IMF, the World Bank and three major regional development banks (RDBs) : Asian Development Bank (AsDB), African Development Bank (AfDB), and the InterAmerican Development Bank (IADB), as well as the two newest MDBs – the BRICS New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB). Topics to be covered include: role of the IFIs in private sector led growth and development; financial and operational innovations at the MDBs; reforming global governance: assessing the IMF governance reform agenda; analysis of the operational plans for the BRICs NDB and AIIB; the role of the IFIs in addressing climate change including the Green Climate Fund; measuring development impact: evaluations at the MDBs. Students work in teams on operational case studies, participate in a Board meeting simulation, deliver one individual and one group oral presentation and write a major paper on a topic based on individual student interests. Students with career interests that include working at or in partnership with the World Bank or the RDBs after graduation will find this course especially helpful.
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