TARGET GROUP | Lawyers, senior lawyers, and other professionals from central banks, ministries of finance and of justice, and other agencies in emerging market countries with responsibilities related to legal aspects of relations with international financial institutions (IFIs). Participants should have five years of relevant work experience and preferably a law degree. Attendance is by invitation only. Prerequisites are specified in the nomination request letters.
DESCRIPTION | This one-week course, presented by the IMF’s Legal Department, covers legal, institutional, and operational features of IFIs (primarily the IMF and the World Bank), and explores the linkages between these institutions and their members. Institutions to be covered each year may vary.
OBJECTIVES | Upon completion of this course, participants should be able to:
• Demonstrate an in-depth knowledge of the history, purposes, governance, structure, and functions of the IMF, the World Bank, and other IFIs and their relationship with their member countries
• Contribute more effectively on the legal aspects of interactions with IFIs such as the IMF and the World Bank to foster balanced economic growth in member countries
• Identify challenges and trends that IFIs now face and be able to draw lessons to help member countries prepare more effective and responsive policy instruments and legal frameworks