International Economic Law
International economic law
Anno accademico 2018/2019
- Codice dell'attività didattica
- Prof. Annamaria Viterbo (Titolare dell'insegnamento)
- Corso integrato
- Corso di studi
- Master's Degree Course in Area and global studies for international cooperation
- 1° anno
- SSD dell'attività didattica
- IUS/13 - diritto internazionale
- Modalità di erogazione
- Lingua di insegnamento
- Modalità di frequenza
- Tipologia d'esame
Sommario del corso
The course aims at enabling students to understand the structure and purposes of the main international organizations and of the other actors in the field of international economic law. Further, it aims at providing the analytical tools for a basic understanding of the IMF and the World Bank, their institutional and legal framework and their interconnections. The course will also focus on sovereign debt restructuring issues.
Students will be provided both with a solid background as well as a set of conceptual and critical tools for reflecting more deeply on the dynamics of international financial institutions and the logics of sovereign debt.
Risultati dell'apprendimento attesi
Students should demonstrate a good knowledge, on the one hand, of the role of States, International organizations and private actors in international economic law and, on the other hand, of their impact on economic development and on the protection of fundamental rights.
Modalità di insegnamento
The course will be taught through the traditional learning model based on frontal lectures as well as through interactive lectures. Reference documents will be distributed or projected in class to stimulate debate. Experts in specific fields will be invited as speakers.
Modalità di verifica dell'apprendimento
Written exam with open questions (3 questions out of the 4 proposed). Each question carries equal marks. Grades will be expressed in /30 taking into account knowledge of the subject, inclusiveness, accuracy in response and quality of legal reasoning and the use of the correct terminology.
For students of the course of Comparative Law in a Global Context (3 CFU), the exam will be held together with the one of prof Francavilla (always a written exam, with open questions). You will therefore have more questions to answers, but also more time to write.
The course will begin by introducing the subjects of international economic law: States, international organisations and private actors (such as NGOs and multinational enterprises), focusing on the divide between industrialised States and least developed countries.
The course will then analyse the governance structure and the mandate of international financial institutions (the International Monetary Fund and the World Bank), discussing some of the most controversial aspects such as their conditionality policy.
The last part of the course will be devoted to sovereign debt and the existing regimes for sovereign debt restructuring; the Greek crisis will be discussed as a case study.
Testi consigliati e bibliografia
For students regularly attending class:
On the IMF you may refer to: Viterbo A., International Monetary Fund, Wolters Kluwer, 2019 (NO Part II) .
By using the code 50IMF2019 on Wolters Kluwer's e-store, you can buy the book International Monetary Fund, Third Edition by Annamaria Viterbo and get 50% student discount.
On sovereign debt restructuring, texts and materials (selection of book chapters, papers, documents) will be distributed in class.
For students NOT regularly attending class:
The exam will be on:
the IMF textbook referred to above (the entire book)
Trebesch, Papaioannou et al., Sovereign Debt Restructurings 1950-2010, IMF Working Paper 2012, pp. 1-50, 87-97, available at: