This course will examine the developmental role, constituent treaties, operational principles and limitations, immunities and privileges, and governance structures of international financial institutions (IFIs). 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. The course will also analyse interventions by these institutions in law and policy reform activities. The course will also address how other issues are handled including formulation and development of anticorruption policies and social safeguard policies, engagement with civil society, and establishment and operation of accountability mechanisms to address citizen grievances with bank projects.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Analyse and explain the organisational structure and governance of international financial institutions (IFIs), with specific reference to the Asian Development Bank;
- Explain, analyse and assess the roles of various actors who are involved in the operations of these institutions including governments, private sector, civil society and nongovernmental organisations;
- Examine, investigate and critically evaluate the successes and failures of development projects, including law and development projects, financed by multilateral development banks from project preparation to project evaluation stages involving in particular the development of social safeguard policies, anti-corruption initiatives carried out by these institutions, and IFIs’ engagement with civil society; and
- Examine, investigate and critically evaluate how citizen grievances with development projects are addressed by accountability mechanisms established by IFIs.
Indicative Assessment
- Students must rely on the approved Class Summary which will be posted to the Programs and Courses site approximately 2 weeks prior to the commencement of the course. (null) [LO null]
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Workload
Classes offered in non-standard sessions will be taught on an intensive base with compulsory contact hours (approximately 26 hours of face to face teaching). The course will also require advanced preparation through assigned readings. In total, it is anticipated that the hours required for completion of this course (class preparation, teaching and completion of assessment) will not exceed 120 hours. Classes offered during semester periods are expected to have 3 contact hours per week.
Click here for the LLM Masters Program timetable.
Inherent Requirements
Not applicable
Requisite and Incompatibility
Prescribed Texts
There is no prescribed textbook for this course.Preliminary Reading
An e-brick will be available on the Wattle course site.
Fees
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. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 3
- 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.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2019 | $3840 |
- International fee paying students
| Year | Fee |
|---|---|
| 2019 | $5460 |
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.