International Economic Law

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

Reading materials for the lecture of 26.2. are available below!

International Economic Law Syllabus 2015 (PDF, 49 KB)

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
  • Text No. 1 Jost Delbrück
  • Text No. 2 Adam Smith
  • Text No. 3 David Ricardo
  • Text No. 4 Alan O. Sykes
  • Text No. 5 David Rodrik
  • Text No. 6
    Paul Krugman
  • Text No. 7
    Paul Samuelson
The World Financial Order - A Historical and Contemporary Perspective (Prof. Weber)
Historical Background
  • Treaty of Versailles
  • Atlantic Charter and Bretton Woods

IMF and World Bank

  • Co-operation IMF / World Bank and WTO

International Monetary Policy

Financial / Economic Crisis

Reading Assignments:
5.3./12.3./19.3.Trade - The Law of the WTO (Prof. Weber)

Institutional Framework of the WTO

  • From GATT to WTO
  • Objectives and functions
  • Organization and decision-making


  • Most-favored-nation treatment
  • National treatment

Dispute Settlement

  • Principles
  • Institutions
  • Proceedings

19.3.: Guest Lecture

Prof. Gabrielle Marceau

  • Practice of WTO Dispute Settlement Bodies
26.3. No Class, replaced by guest lecture Prof. Colin Picker (5 May 2015)
Trade and Environmental Protection (Prof. Weber)

Historical Overview of International Environmental Protection

Environmental Measures under WTO Law

  • Environmentally-unfavorable process and production methods
  • Extraterritoriality of environmentally favorable regulations
  • "Environmental exemptions" of Art. XX GATT

SPS Agreements

  • Harmonization: The benchmark of international standards
  • Risk assessment
  • Consumer rights to protection?
The lecture of 7 May has been rescheduled to 6 May, 10.15-11.45 a.m., in room J-031, RAI!

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 Investment Guarantee Agency (MIGA)
  • Protection of investment under NAFTA
Reading Assignments Additional Reading
Investments and Human Rights (Prof. Kaufmann)

The Role of Labour Rights

  • International Labour Organisation (ILO)
  • Core Labour Standards

OECD Guidelines on Multinational Enterprises

Reading assignments Additional reading
Attention: new 27.5.
This lecture has been rescheduled to 27 May 2015, 8-10 a.m., room J-031, RAI!

Linking it all: Case Studies (Prof. Kaufmann)

Investment, Trade, Environmental Protection and Human Rights

  • Tobacco Cases
  • Pension Fund Cases

One Issue but Different Proceedings

  • Chevron Cases
Reading assignments
Additional Reading