Syllabus LO 0809 International Economic Law

 

 LO 0809 International Economic Law :

 

Objectives of the Course : With the Changing dimensions of Globalisation and the increasing dependence on economic relations by the nation states, the significance of international law has grown considerably in the contemporary era. The relations of nation-states are mostly depending on economic cooperation than on political perspectives as compared to yester years. In order to have a broad outlook of the nation-state relations in the field of economic era, this course equips the student to get an overview of economic legal scenario of states.

 

Module 01	Introduction : 1.     Definition and Nature of International Economic Law 2.     Sources of International Economic Law 3.     Relationship between national and international economic laws
Module 02	Developments in the context of De-colonization : 1.     Origin and Development of International Economic Law - Bretton Woods Conference 2.     Concern of Developing States: New International Economic Order (NIEO) 3.     Significance of Resolution on Permanent sovereignty Over Natural Resources 4.     The Charter of Economic Rights and Duties Law  5.     Sustainable Development under United Nations
Module 03	International and Regional Financial Institutions : 1.     IBRD Structure Powers and Functions - Significance of IRO 2.     Structure Powers and functions of IMF 3.     Structure Powers and Functions of World Bank 4.     Structure powers and Functions of Asian Development Bank 5.     Structure Powers and Functions of G-20 6.     Structure Powers and functions of BRICS
Module 04	International Trade Law :

1.     GATT  :

a)     Historical origin

b)    Organs 

c)     Uruguay round and its impact on International Economic Law

d)    Significance of most Favoured Nations Clause and National Treatment

e)     Objective Principles of GATT 1994 –Reduction of Tariff and NonTariff Barriers to Trade.

f)     General Exceptions to Article XX and XXI of GATT 1994

g)    Safe Guard Measures under XIX of GATT 1994

2.     WTO and International Economic Law :

	a)     Historical origins of WTO b)    Structure Powers and Functions c)     Role and Responsibility of Secretariat d)    Dispute Settlement System under WTO e)     Impact of WTO Law on Domestic Law
Module 05	International Investment Law : 1.     Foreign Investment:  Meaning and Types 2.     BITs 3.     Dispute Settlement Regime (ICSID) 4.     Indian Perspective
Module 06	International Business Law : 1.     International Sale and Carriage of Goods 2.     Rome Convention 3.     CISG (UN Convention on Contracts for International Sale of Goods)

 

Recommended Readings :

1.     Asif H. Qureshi, International Economic Law (London: Sweet & Maxwell, 1998).

2.     John Jackson, William Davey and Alan Sykes, International Economic Relations (West Academic Publishing, 1995).

3.     Matthias Herdegen, Principles of International Economic Law (Oxford University, 2016).

4.     Hazel Fox (ed.), International Economic Law and Developing States: Some Aspects

(British Institute of International, 1992).

5.     I.Seidi, Hohenveldern, International Economic Law (Kluwer Law International, 1992).

6.     Bhandari and Sykes, Economic Dimensions in International Economic Law (Cambridge University Press, 1999).

7.     Van Meerhaeghe, International Economic Institutions (Springer, 1998).

8.     O’Conell, International Law, Vol. I & II, Oxford University Press.

9.     Harves D.D., Cases and Materials on International Law, (Sweet & Maxwell; 1991).

10.  Schwazenberger,  Foreign Investment and International law, Article published by Modern Law Review, November, 1969.