ECON 535 Spring 2013 International Financial Institutions

This tutorial will explore the role of international financial institutions in the global economic and financial system, their relations with members, and proposals for how they might be reformed. The focus will be principally on the International Monetary Fund and to a lesser extent the World Bank, but consideration also may be given to the regional development banks, Bank for International Settlements, the Financial Stability Forum, and the Paris Club used for official debt renegotiations. Topics and readings will focus on such issues as: the roles and governance reform of the IMF and World Bank; relations between the two institutions and their relations with other institutions of international finance and governance; lessons from their performance in international crises from the Asian crises of 1997 through the crisis that started in 2007; and initiatives of the Fund and Bank in the global adjustment process, financial system stability (including money laundering and combating the financing of terrorism), public and private sector governance, lending programs, the management of international reserves, and provision of advice to members. Participants will meet in pairs with the faculty member. Each week, one student will prepare a policy paper and submit the paper to the professor and to the other student in advance of the meeting. During the meeting, the student who has written the paper will present an argument, evidence, and conclusions. The other student will provide a detailed critique of the paper based on concepts and evidence from the readings. The professor will join the discussion after each participant has presented and ask questions that highlight or illustrate critical points.
Class Format: tutorial
Requirements/Evaluation: each participant will write and present 5 or 6 policy papers and a like number of critiques
Additional Info:
Additional Info2:
Prerequisites: intended for CDE Fellows; undergraduate enrollment limited, and only with permission of the instructor
Enrollment Preference:
Department Notes:
Material and Lab Fees:
Distribution Notes:
Divisional Attributes: Division II
Other Attributes: INST Economic Development Studies Electives
Enrollment Limit: 10
Expected Enrollment: 10
Class Number: 3458
ECON535-T1(S) TUT Intern'l Financial Institution Division 2: Social Studies Jim A. Hanson
TBA 3458
Course Search
Catalog Number:
Subject Attributes:
Enrollment Limit:
Course Type:
Start Time: End Time:
Instructor First Name:
Instructor Last Name:
Keyword Search: