Regulating Economic Globalisation

Joost Pauwelyn

MINT081 | Spring | 6ECTS

Economic globalisation has thrived but is more recently experiencing something of a backlash: Whom does it benefit? Are rewards re-distributed? Are economic goals and commercial players taking precedence over social objectives, governments and civil society? This course is a survey course offering an overview of regulations at the international level which (i) facilitate and promote cross-border economic activity (mainly: international trade and investment law, focused on the WTO and investor-state dispute settlement) as well as (ii) mitigate potential negative effects of economic globalisation (mainly: labor & human rights, environmental protection, tax evasion and corruption).  The course will take a practical, hands-on approach using case studies. It will discuss cross-cutting issues such as: where and how are regulations made (in and outside of the UN system); what form do they take (legally binding treaties versus informal law) and what systems are available to ensure compliance (binding dispute settlement versus monitoring or peer review systems). The course is meant to give non-law students a solid background in international economic law enabling them to navigate legal aspects of globalisation be it from the perspective of governments, IOs, business or NGOs.