Global Financial Governance (2015)

The essence of international financial governance consists of providing support to the international monetary system that is predictable and stable and that facilitates payments for international economic transactions. It also involves oversight of the international financial system with a view to protecting the interests of savers and investors around the world and allocate credit efficiently and fairly amongst all potential borrowers. This compact and self contained course will allow participants to gain a good understanding of the institutional arrangements underlying international financial governance by providing an understanding of the framework, general principles and arrangements for regulation of the global financial system. The latter part of the course will examine the question of reforming global financial governance and shed light on the current problems and challenges facing institutions of international financial governance. The practical online discussions, an integral part of this course, will allow participants to obtain a holistic understanding of the issue of global financial governance in a short span of time.