Globalisation has reshaped our world but with a mixed track record. Many nations have prospered. Others have suffered. Some have prospered by ignoring the 'official rules' and making up their own. The consequences of poor governance of globalisation can be seen in East Asia's 1997 crisis, in Argentina's economic collapse, in the ongoing crisis in the WTO Doha Round, and in the failure of the Multilateral Agreement on Investment. This course is a study of how globalisation effects the sources of law that domestic legal systems draw upon, of how globalisation is governed and not governed, and of how this governance could be improved.

This course is also available to students enrolled in the Master of Risk Management (8418) in the Australian School of Business.

Main Topics

The global economic system: the architecture established at Bretton Woods
Globalisation: a critical overview
Contemporary global financial governance
Contemporary global trade governance
Contemporary global investment governance
Contemporary global business governance
Globalisation and Labour
Globalisation and Non-state Actors
Law and Globalisation: Exporting the Rule of Law
Ways forward