International Financial Law - LAWS8220
Faculty: Faculty of Law
School: Faculty of Law
Course Outline: See below
Campus: Sydney
Career: Postgraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 2
Enrolment Requirements:
Academic Program must be either 9200, 9210, 5740, 9231 or 5231
Excluded: JURD7520
CSS Contribution Charge: 3 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
View course information for previous years.
Description
LLM Specialisations
Corporate, Commercial and Taxation Law
International Business and Economic Law
Recommended Prior Knowledge
Course Objectives
- Demonstrate that they have acquired reasonable knowledge of: (i) the international financial architecture including the roles of the Bank for International Settlements, IMF and World Bank; (ii) the development of the international financial system since WWII and the recent crises therein; (iii) the regulatory options available to individual nations to improve their interaction with global capital; and (iv) the available systemic regulatory options to improve the system
- Critically analyse and evaluate the international financial system
- Conduct advanced research and write a sustained research paper on a contemporary topic regarding the international financial system
Main Topics
- The role of the rule of law in a modern economy and the historical development of the international financial markets
- The establishment and roles of the Bank for International Settlements, IMF and World Bank
- A recent history of international financial markets, 1974 to date, and recent crises in emerging markets
- Debt relief: the HIPC and MDRI initiatives
- Regulatory measures available to individual nations: capital controls, exchange rate policies, fiscal crisis-adjustment policies, responses to bail-outs, etc.
- Potential systemic regulatory measures: a Tobin tax, a sovereign bankruptcy regime, a global financial regulator, a global lender of last resort
Assessment
Class participation | Preparation and engagement in class | 20% |
Research essay | 7,000 words | 80% |