番茄社区

 

LL4AV      Half Unit
Global Economic Governance

This information is for the 2024/25 session.

Teacher responsible

Dr Mona Paulsen

Availability

This course is available on the LLM (extended part-time), LLM (full-time) and University of Pennsylvania Law School LLM Visiting Students. This course is available with permission as an outside option to students on other programmes where regulations permit.

This course has no prerequisites and is intended to be both an introduction and a complement to other course offerings at 番茄社区 Law. Students with no previous background in public international law may find it helpful to consider consulting G. Hernandez, International Law (2019). Students with deeper interests in cross-border trade, international investment, international financial law and arbitration are encouraged to consider the intersection of this course with other course offerings.

This course has a limited number of places (it is controlled access) and demand is typically high. This may mean that you’re not able to get a place on this course.

Course content

Students will study global economic governance through the analytical lens of development. This course focuses on how international trade, investment, and financial rules and institutions (collectively, the international economic order) impact states’ development and vice versa—that is, what political and economic forces shape development practices and how this, in turn, constitutes the international economic order.

We will situate our discussion of the state’s development strategies against live debates about the resiliency of economic globalisation in the face of several international economic disruptions. Various readings are assigned to enhance participatory learning, particularly country case studies, primary source materials, and scholarly work. This is an interactive course that engages with both theory and practice; it is dependent on class participation.

We begin by clarifying and reflecting on different conceptions of development in legal and historical contexts (e.g. economic, institutional, sustainable). After that, we will investigate the various functions of “law” in international, transnational, and domestic economic orders. This investigation includes mapping the range of international, regional, and local actors and legal instruments governing the global economy. After that, we explore how international rules and institutions governing trade, foreign direct investment, foreign aid, and international lending impact various states’ growth and development strategies. To do so, we will compare multiple countries’ growth experiences to evaluate the successes and failures in international law a