• Offered by Law School
  • ANU College ANU College of Law
  • Course subject Laws
  • Areas of interest Development Studies, Law
  • Academic career PGRD
  • Mode of delivery In Person
  • Offered in Winter Session 2014
    See Future Offerings

The course will examine the principal issues concerning international financial institutions (IFS). These include constituent treaties, operational principles and limitations, immunities and privileges, and governance structures. Primary consideration will be given to the Asian Development Bank which is the leading regional development bank in the Asia-Pacific region, and comparisons will be made with other IFIs including the World Bank, the Inter-American Development Bank, the African Development Bank, and the European Bank for Reconstruction and Development.

The course will cover project lending operations of development banks through the project cycle from project preparation to project completion and the preparation of legal agreements with general conditions and specific covenants. The course will also analyse interventions by these institutions in law and policy reform activities.

At the same time, the course will address how other issues are handled including formulation and development of anticorruption policies and social safeguard policies such as environment; engagement with civil society; and establishment and operation of accountability mechanisms to address citizen grievances on bank projects.

This course does not try to provide a comprehensive picture of all these international institutions. Rather it aims at helping students to understand the developmental role played by IFIs in their operations in borrowing countries and the problems and challenges faced by these institutions.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

A student who has successfully completed this course should:

  1. Be conversant with the organisational structure and governance of international financial institutions (IFIs), with specific reference to the World Bank and the Asian Development Bank
  2. Understand the roles of various actors who are involved in the operations of these institutions including governments, private sector, civil society and nongovernmental organizations
  3. Be familiar with development projects, including law and development projects, financed by multilateral development banks from project preparation to project evaluation; development of social safeguard policies; anti-corruption initiatives carried out by these institutions; and IFI engagement with civil society
  4. Be conversant with how citizen grievances on development projects are being addressed by accountability mechanisms established by these institutions.

Indicative Assessment

Students must rely on the approved Means of Assessment which will be available on the Wattle course site approximately 4 weeks prior to the commencement of the course.

It is likely assessment will consist of:

  1.     Class participation (10%)
  2.     Class presentation  (10%)
  3.     Research Essay (80%, 6000 wds)

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.


26 Contact Hours (Intensive Delivery over 4 days) plus approximately 35 -40 hours of private study time.

2014 Intensive course dates: 21-24 July

Click here for the current LLM Masters Program timetable

Requisite and Incompatibility

To enrol in this course you must be studying in one of the following programs; Master of Laws (7300) Master of Laws (Legal Practice) (7312) Master of Diplomacy/Master of Laws (7883) Graduate Diploma in Law (6300) Master of Legal Studies (7305) Master of Environmental Law (7309) Master of Government and Commercial Law (7313) Master of International Law (7310) Master of Law, Governance and Development (7317) Master of International Security Law (7318) Master of Diplomacy/Master of International Law (7893) Graduate Diploma in Law, Governance and Development (6317) Graduate Diploma in Legal Studies (6305) Graduate Diploma in Environmental Law (6309) Graduate Diploma in Government and Commercial Law (6313) Graduate Diploma in International Law (6310) Graduate Diploma in International Security Law (6318) Graduate Diploma in Legal Practice (6303) Graduate Certificate in Environmental Law (6351) OR you must be studying a Juris Doctor (7330) and have completed 30 units of 1000 level law (LAWS) courses.

Prescribed Texts


Preliminary Reading

Readings and materials will be listed in the Course Outline which will be available on the Wattle course site approximately 4 weeks prior to the commencement of the course.


Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

6.00 0.12500
Domestic fee paying students
Year Fee Description
1994-2003 $1626
2014 $2808
2013 $2808
2012 $2808
2011 $2778
2010 $2718
2009 $2670
2008 $2670
2007 $2670
2006 $2646
2005 $2298
2004 $1926
International fee paying students
Year Fee
1994-2003 $2916
2014 $3762
2013 $3756
2012 $3756
2011 $3756
2010 $3750
2009 $3426
2008 $3426
2007 $3426
2006 $3426
2005 $3234
2004 $2916
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

Winter Session

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
5678 21 Jul 2014 21 Jul 2014 01 Aug 2014 04 Sep 2014 In Person N/A

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