We will consider how US and international regulatory bodies respond to economic trends and shocks. How should we regulate international financial markets to respond to urgent and changing social needs?
We start with an overview of the U.S. economic policy and regulatory framework and the components of the international framework for economic cooperation, including the G7 and G20, IMF and World Bank.
We then consider how these laws and institutions should respond to pressing issues: (1) financial crises and the Covid-19 shock; (2) economic inequality and discrimination; (3) the ESG movement; (4) the proliferation of crypto assets; (5) terrorist financing and money-laundering; and (6) international conflict and statecraft (as in the war in Ukraine or tension between US and China).
Course open to GSB students.
LAW 1081 | 2 Units | Grading: Law Mandatory P/R/F