Case Study (International Financial Institutions)

Instructors

KAWAI Masahiro

Term / Language / Credits

S1S2 / English / 2

Objectives

This course will provide an overview of the theory, history, practices and challenges of international financial institutions (IFIs). In the lecture, IFIs include the International Monetary Fund (IMF), World Bank (and the International Finance Corporation [IFC]), Asian Development Bank (ADB), Inter-American Development Bank (IDB), African Development Bank (AfDB), and the European Bank for Reconstruction and Development (EBRD). In addition the lecture discusses the roles of the recently established ASEAN+3 Macroeconomic and Research Office (AMRO) and European Stability Mechanism (ESM) and the recently proposed BRICS New Development Bank, BRICS Contingency Reserve Arrangement (CRA), and Asian Infrastructure Investment Bank (AIIB).

Experts from these IFIs will deliver lectures in many cases. These experts include the heads of the IMF Office, World Bank Office, ADB Office, IDB Office, and AfDB Office in Tokyo as well as the head of AMRO in Singapore. The lecture will provide students with first-hand information and knowledge on IFIs. At the end of the course, students are expected to understand the major roles and challenges of IFIs.

Students are expected to attend all lectures, participate actively in classroom discussions, produce a lecture note for the session of the student’s choice, and write a term paper on any of the lecture topics.

Keywords

IFIs, IMF, World Bank, International Finance Corporation (IFC), Asian Development Bank (ADB), Inter-American Development Bank (IDB), African Development Bank (AfDB), European Bank for Reconstruction and Development (EBRD), European Stability Mechanism (ESM), ASEAN+3 Macroeconomic Research Office (AMRO), BRICS New Development Bank, BRICS Contingency Reserve Arrangement (CRA), Asian Infrastructure Investment Bank (AIIB), poverty reduction, sustainable development, financial stability, surveillance, conditionality, debt sustainability

Schedule

A detailed class schedule will be provided at the beginning of the lecture series.

Teaching Methods

Lecture, class discussion

Grading

Each student will be assessed as follows:
 20% - class attendance and contribution to class discussion
 20% - production of a lecture note
 40% - written term paper (individual)
 20% - term paper presentation with powerpoint

Required Textbook

No required textbooks

Reference Books

Masahiro Kawai, Peter J. Morgan, and Pradumna B. Rana, eds, New Global Economic Architecture: The Asian Perspective. Cheltenham, UK: Edward Elgar, 2014.
Masahiro Kawai and Peter Petri. “Asia’s Role in the Global Economic Architecture.” Contemporary Economic Policy, 32:1 (January 2014), pp. 230-245.

Miscellaneous Information

http://www.pp.u-tokyo.ac.jp/courses/2015/documents/5140412-20150303.pdf

Related Resources

Back to Top