OAFP 6120 - The rise of development banks in the EU post-crisis: potential and pitfalls

A notable feature of the time after the Great Financial Crisis (2007-2009) has been the rise of development banks of the national (e.g. KfW in Germany) and multilateral kind (e.g. EIB in Europe, ADB in Asia). What marks these agents of public policy as peculiar is at the same time their public mandate and their attempt to operate within certain rules of banking practice. This class investigates the capacities and constraints of such actors as they seek to achieve public policy goals, be it industrial policy or climate risk mitigation. Students taking this class will become familiar with the European as well as the global landscape of development banking, understand opportunities and risks of recent moves towards blended finance and the dynamics of the evolution of these fields.

Matthias THIEMANN

Enseignement électif

English

For every class, you will be expected to read two texts (25 pages each), you will also be asked to hand in two reaction memos before the class on the assigned readings. In addition, you wil prepare a class presentation and a case study/final essay/

None

Autumn 2023-2024

2 reaction memos on texts, one class presentation and one final essay

There will be several guest lectures in this class, both by researchers and by practitioners. Group work to prepare presentations will play an important role, as will case studies (final assignments).