4414 International Financial Institution
This course focuses on the activities and roles of financial institutions in the international financial system. It examines basic concepts of international finance; international, regional, and national financial organizations; and financial markets. Key policy issues in the international finances and financial challenges facing the advanced countries, developing countries, and the post-communist states are discussed. A variety of financial instruments are examined, and case studies of particular transactions are explored. This course provides a conceptual foundation for understanding global financial issues, and a practical understanding of financing sources for international commerce.
- 1. Deepen the understanding of the political, economic, and social context in which the IFI’s work in world and the changing paradigms of development.
- 2. Provide information on the history, organization, functions, and modalities of the IFIs.
- 3. Explain the various financial facilities extended by the IFIs, their modus operandi, and terms and conditionalities.
- 4. Discuss how national and sub-national agencies could maximize the development impact of IFI assistance.
- 5. Exposure to the variety of documents prepared by these institutions such as country strategies, sectoral analysis, economic reports, and program and project reports.
- 6. Provide an opportunity to critically review the effectiveness of development aid.
Books for this Course
- International Finance: Theory into Practice by Piet Sercu.
- September 2015
- January 2016