They're here! Welcome to the class of 2016-2017!
The inaugural class of IFC-Milken Institute Fellows is announced:
Milken Institute chairman, Michael Milken, Treasurer and Vice President of the IFC, Jingdong Hua, and President of The George Washington University, Steven Knapp, announce the 2016-2017 incoming class at the 2016 Milken Institute Global Conference. The press release is viewable here.
Starting this fall, a group of up-and-coming professionals from around the world will come to Washington for a semester with the goal of balancing academic rigor with practical training.
+ Why do we need capital markets in developing and emerging economies?
Local businesses need access to financing to grow, households need additional outlets for savings, and capital markets strengthen the overall macroeconomic environment while making large-scale investments possible in critical areas such as infrastructure.
+ What is one of the biggest obstacles to advancing capital-market development?
Robust capital markets require sufficient human capital in critical roles, such as legislators, regulators, public-sector managers, and other policymakers, as well as market intermediaries and other private-sector actors. In many countries, insufficient human capital in these areas remains the biggest obstacle to further capital-market development.
+ How can the human capital gap be addressed?
To meet this need, IFC and the Milken Institute have partnered with The George Washington University to build a deep network of trained capital-market experts, equipped with the analytical tools and real-world experience to support capital-market development and economic growth in their home countries and across borders.
tHE IFC-MILKEN INSTITUTE CAPITAL MARKETS PROGRAM IS DESIGNED TO ENABLE PARTICIPANTS TO:
Tackle the complexity of today's capital markets
Gain cutting-edge analytical and statistical tools through tailored classroom learning at The George Washington University
Bridge the gap between theory and practice
Learn from decades of private investment in developing and emerging economies through analysis of IFC's proprietary case studies
Enhance responsiveness of policy to private-sector needs
Gain hands-on placement experience and private-sector insights from the Milken Institute's wide network of collaborators
Use capital markets for the development of your region
Join a lasting cohort of capital-market leaders who can make a difference across country borders