Legal Aspects of International Financial Institutions


This course, presented by the IMF’s Legal Department, covers legal, institutional, and operational aspects of international financial institutions (primarily the IMF and the World Bank), and explores the linkages and relationships between these institutions and their members. Institutions to be covered each year may vary. 

Course Objectives: Upon completion of this course, participants should be able to: 

• Describe and demonstrate an in-depth knowledge of the history, purposes, governance, structure, and functions of the IMF, the World Bank, and other international financial institutions and their relationship with the respective member countries. 

• Contribute more effectively on legal aspects in the interactions with international financial institutions, including the IMF and the World Bank, to foster member countries’ balanced economic growth.

• Identify challenges and trends that international financial institutions (including the IMF and the World Bank) are facing and be able to draw lessons to help prepare more effective and responsive policy instruments and legal frameworks in their member countries.