Global Financial Order

Subject LAWS70013 (2010)

Note: This is an archived Handbook entry from 2010.

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2010:

April, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: The total class time is between 24 and 26 hours.
Total Time Commitment: Visit the Melbourne Law Masters website for more information about this subject.
Prerequisites: Visit the Melbourne Law Masters website for more information about this subject.
Corequisites: Visit the Melbourne Law Masters website for more information about this subject.
Recommended Background Knowledge: Visit the Melbourne Law Masters website for more information about this subject.
Non Allowed Subjects: Visit the Melbourne Law Masters website for more information about this subject.
Core Participation Requirements: Visit the Melbourne Law Masters website for more information about this subject.

Coordinator

Assoc Prof Andrew Mitchell

Contact

For the most up-to-date information about this subject, contact the Melbourne Law Masters Office by email at law-masters@unimelb.edu.au or phone 8344 6190 or alternatively visit the subject website: www.masters.law.unimelb.edu.au
Subject Overview:

This subject examines the global financial order with a strong focus on the international monetary system and the IMF.
Principal topics will include:

  • Key institutions of the global financial order, namely the IMF and the World Bank, including their history, powers, policies, practices and political and economic rationale
  • The role of these institutions within the globalisation debate
  • The linkages between these institutions and other institutions, including the World Trade Organization (WTO)
  • The IMF, including its Articles of Agreement, IMF surveillance and conditionality
  • The role of the IMF in the prevention and resolution of financial crisis
  • The World Bank and the other institutions of the international monetary system
  • The European monetary system and the rise of the Euro
  • International monetary law and private activity: The frontier between public and private international law, including exchange controls and the regulation of banks
  • Current challenges to the IMF and the World Bank, and proposals for their reform.
Objectives:

A student who has successfully completed this subject should:

  • Understand the legal framework of the International Monetary Fund (IMF) and the World Bank within the broader framework of public and private international law
  • Understand the history and development of the IMF and the World Bank
  • Be familiar with the role of the IMF in the international monetary system
  • Be familiar with proposals to reform the IMF and the World Bank.
Assessment:

Take-home examination (100%) (28-31 May)
or
10,000 word research paper (100%) (8 July) on a topic approved by the subject coordinator
Prescribed Texts: Visit the subject website for more information
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Visit the Melbourne Law Masters website for more information about this subject.
Links to further information: http://www.masters.law.unimelb.edu.au/

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