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INTERNATIONAL TRADE LAW AND FOREIGN INVESTMENTS Single discipline educational activity
Course Sheet Academic Year of enrolment:
Hours of classroom activity:
Prerequisites:
Prerequisites:
Knowledge of international law is highly recommended.
Objectives
Contents Contents:
The course of 12 credits, divided into three sections, is aimed at the theoretical study and analysis of practical cases concerning international economic law and the two fields of the latter: international trade law and regulation of foreign investments. The first section (2 ECTS) covers the basic theoretical notions of international economic law, such as subjects, sources, the institutionalisation of the international economic order and multilateral economic institutions. The second section (6 ECTS) deals with the evolution of international trade discipline from GATT '47 to the current conventional system of the World Trade Organisation (WTO). In this section the course will focus on the main agreements within the WTO framework; the fundamental principles of international trade and the system of derogations and exceptions; the relationship between the GATT/WTO system and general international law and agreements on the protection of non-economic interests (non-trade concerns) such as the environment and human rights; the interaction with regional systems of trade liberalisation, with a specific focus on the European Union's system of free movement of goods; the system of trade dispute resolution entrusted to the Dispute Settlement Body (DSB) and the Appellate Body (AB); adaptation of international trade law in the European Union and Italian legal systems. The third section (4 CFU) deals with the evolution of the discipline on foreign direct private investment; the conventional and soft law instruments applicable; the role of multinational enterprises and the problems related to their alleged international subjectivity and their accountability, including corporate social responsibility in the light of the principle of sustainable development; the action of international bodies active in the field of foreign investment such as MIGA and ICSID. Particular attention will also be paid to the process of internationalization of Italian enterprises (competent institutions and economic, legal and financial instruments of implementation).
Extended Syllabus Extended content:
Refer to the programs of Modules A and B.
Recommended Bibliography Bibliography/Readings:
Suggested Textbooks:
- M. R. Mauro, Diritto internazionale dell'economia. Teoria e prassi delle relazioni economiche internazionali, Napoli, 2019, E.S.I.
- P. Picone, A. Ligustro, Diritto dell'Organizzazione Mondiale del Commercio, Padova, CEDAM, 2002, cap. III (parr. 1, 2, 3, 4, 5, 6, 8: pp. 87-131), cap. V (parr. 1, 2, 3, 4, 5, 6, 8: pp. 173-228), cap. VI (parr. 1, 2, 5: pp. 293-299 – 321-335).
- A. Arena, J. Martire, R. Nocerino, A. Torino, Il codice dell'Organizzazione Mondiale del Commercio, Napoli, 2008, Editoriale Scientifica
- B. Nascimbene, Unione europea - Trattati, V ed., Giappichelli, Torino 2020.
Additional teaching material and documents will be uploaded on the e-learning platform.
Methods of Provision
Teaching Methods Teaching methods:
The course is structured in a theoretical part and a practical part divided as follows:
- two-hours front lectures on international economic law for a total of 2 ECTS; on international trade law for a total of 2 ECTS; and on foreign investment discipline for a total of 2 ECTS;
- seminars, workshops and simulations of practical cases to be solved and methods for preparing and drafting practical dossiers of two hours each, carried out with the help of experts in international trade and foreign investment, for the remaining 6 ECTS.
Evaluation methods Verification of learning:
Assessment and examination methods:
The examination consists of an oral test. The arguments reflect those dealt with during the teaching and included in the syllabus.
The final oral test is the same for both attending and non-attending students.
Partial examinations: a partial examination is foreseen in order to facilitate the preparation of the final exam, reserved to the attending students. The final mark is in thirtieth percentile.
LEARNING RESULTS:
a) KNOWLEDGE AND SKILL OF UNDERSTANDING: describe, understand and know how to interpret the rules and the content of the international economic law and its distinctive features from classic international law.
b) CAPABILITY TO APPLY KNOWLEDGE AND UNDERSTANDING: Autonomous assessment capacity:
- knowing how to identify the interaction between the different substantive norms of the international economic law, also linking the different sectors (i.e. international trade law and foreign investment law);
- to be able to identify and resolve conflicts between norms of different content applicable to the same concrete case.
Contacts/More Information Additional information:
E-mail: paola.puoti@unich.it
Students can benefit from reception hours after lessons for further explanations, or by appointment with the teacher. There is also a weekly reception day, on Thursdays, at a time to be determined, during the entire academic year. For further information visit the Course website: https://giurinn.unich.it