International Economic Law

Day Time Room
Thursday 12:15 - 13:45 RAI F-041

IEL FS 2012 Programme (PDF, 32 KB)

  Please find additional information on Prof. Rolf H. Weber's website.

Introduction to International Economic Law (Prof. Kaufmann)


Economic Fundamentals

  • Introduction
  • The Theory of the Comparative Advantage
  • Monetary Systems and Exchange Rates, Balance of Payments

Reading Assignments Additional Reading
1./ 8.3.
History, IMF/World Bank and Financial Crises (Prof. Weber and Prof. Kaufmann)
  • The International Economic System after the World Wars
  • IMF and World Bank
  • International Monetary Policy
  • SDR and quota issues
  • Financial Crises 2007-2009
  • Ongoing Euro Crisis
Reading Assignments Additional Reading
  • Text No. 8
    Peace Treaty of Versailles
  • Text No. 9 John Maynard Keynes
  • Text No. 10 Atlantic Charter
  • Text No. 11 IMF Tweedie/Moghadam
  • Text No. 12 Edwin M. Truman

Euro Crisis:

Trade - The Law of the WTO (Prof. Weber)

World Trade Orgnization (WTO)

  • From GATT to WTO
  • Structure of the WTO agreements


Goods and Services

Dispute Resolution

Case Studies

Reading Assignments Additional Reading
  • Text No. 16
    Understanding the WTO
  • Text No. 17 Thomas Cottier/Matthias Oesch
  • Text No. 18 Robert Hudec
  • Text Nos. 19 and 20 Thomas Cottier/Oesch
  • Text No. 21 Chile - Alcoholic Beverages
  • Text No. 22 Coffee-Case
  • Text No. 23 Ernst Ulrich Petersmann
  • Text No. 24 Mireille Cossy
Trade and Environmental Protection (Prof. Weber)

Development of the Environmental Protection / Environment and Trade

  • Introduction
  • Tuna/Dolphin II
  • SPS Agreement and teh "Hormones Dispute"
  • Brazil - Retreated Tyres
Reading Assignments Additional Reading
  • Text No. 25 UN, Declaration of the UN Conference on the Human Environment
  • Text No. 26 Aaron Cosbey
  • Text No. 27 Tuna/Dolphin Cases
  • Text No. 28 Shrimp/Turtle Cases
  • Text No. 29 Michael J. Tebilcock
  • Text No. 30 EC-Hormones
  • Text No. 31 William A. Kerr
  • Text No. 32 Julia Qin
  • Text No. 33 Gary C. Hufbauer


Investment (Prof. Kaufmann)


Customary International Law

  • Before World War I
  • Breakdown of the consensus
  • The classical Western view
  • Theory and practice
  • The UN's attempts to codify customary international law

Developments in jurisprudence

  • International Court of Justice
  • National courts

Evolving standards of international law

  • International Center for the Settlement of Investment Disputes (ICSID)
  • Multilateral Investement Guarantee Agency (MIGA)
  • Protection of investment under NAFTA
Reading Assignments Additional Reading
  • Text No. 34 Barcelona Traction
  • Text No. 35 ICSID (Convention)
  • Text No. 36 MIGA (Convention)
  • Text No. 37 NAFTA (Agreement)
  • Text No. 38 ICSID, Metalclad v Mexico
  • Text No. 39 UNCITRAL, S.D. Myers v Canada
  • Text No. 40 Pope Talbot v Canada
  • Text No. 41 BIT Switzerland Uruguay
  • Please read the cases before coming to class!
Labour in International Economic Law (Prof. Kaufmann)

Establishment of the International Labour Organisation

  • The Treaty of Versailles
  • Prospective Developments

Core Labour Standards

Reading assignments Additional reading
  • Text No. 42 Treaty of Versailles
  • Text No. 43 ILO (Constitution)
  • Text No. 44 ILO Declaration on Fundamental Principles and Rights at Work
  • Text No. 45 ILO Declaration for fair globalisation
International Human Rights Protection (Prof. Kaufmann) 


Trade and Human Rights

  • Economic sanctions as an answer to human rights violations
  • Consideration of human rights in dispute settlement?
  • Investment and human rights


Reading Assigments Additional Reading
  • Text No. 46 Kiobel vs. Shell Case (will be posted after Supreme Court hearing on 28 February 2012)

A video of the hearing can viewed here

  • Text No. 47 Principles for responsible contracts (John Ruggie)
  • Text No. 48 Amicus briefs by European Countries in Kiobel vs Shell