The Master of International Development Policy program offers two optional specializations in Public Financial Management (PFM) and International Taxation (ITP). You must indicate your intent to apply to the ITP or PFM within the general MIDP application. DCID faculty contributed to a book that was recently lauded in the International Monetary Fund’s blog as "inarguably the most comprehensive PFM publication to date." Public financial management reforms are being implemented worldwide to create an environment conducive to economic growth and poverty reduction. The PFM specialization within the MIDP is designed to enable international development decision-makers and managers to improve public sector budgeting and financial management and enhance the efficient, accountable and equitable delivery of public services. In addition, the specialization develops leadership, management and technical skills needed to design and implement successful public financial management reforms throughout the world. Curriculum and Courses Fellows specializing in Public Financial Management will take core courses in public finance, macroeconomic policy, public budgeting and financial administration, expenditure analysis and fiscal decentralization and local government finance. They will also complete required courses covering policy analysis and applied development economics, as well as a master's project. A range of elective courses is also available depending on specific interests and length of program undertaken.