Handbook

This course considers the operation and governance of international financial institutions (IFIs), how their projects are
designed and administered, how they address accountability, and the major issues and challenges for IFIs. The focus in
this course is on the World Bank and the Asian Development Bank (ADB). References will be made to other IFIs such as
the European Bank for Reconstruction and Development, African Development Bank, International Finance Corporation,
Multilateral Investment Guarantee Agency, and Inter-American Development Bank.

Main Topics

• Mandate, operational principles, governance structure and related provisions of IFIs
• Project lending operations
• Interventions in law and development projects
• Anticorruption and social safeguards including environment
• Engagement with civil society
• Establishment and operation of accountability mechanisms to address citizen grievances on bank projects
• Major issues and challenges for IFIs including Paris Declaration, Accra Agenda for Action and G20.