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International Development Finance Law (LAWS90272)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(opens in new window)
Contact information
June
Lecturer
Celine Tan (Coordinator)
Email: law-masters@unimelb.edu.au
Phone: 13 MELB (13 6352), International: +(61 3) 9035 5511
Website: law.unimelb.edu.au
Overview
Availability(Quotas apply) | June |
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Fees | Look up fees |
The aim of this subject is to study the legal, regulatory and policy architecture of international public finance. International public finance is defined broadly as financial interventions or transactions executed by a state or state entity or international or regional organisations acting on behalf of states to achieve particular public policy outcomes, including poverty reduction, social development, financial stability, environmental protection and humanitarian interventions.
Our focus is on understanding international public finance in the era of globalised and increasingly privatised financial transactions. We aim to study the different types of international public finance, their policy objectives, interventions and outcomes, and the implications of such financial flows on international and national financial stability and social, political and economic development and international relations. We will critically assess the theoretical and philosophical underpinnings of international public finance as well as their economic and political rationale and regulatory and policy implications on the global economy.
The subject will also examine the various international and national players, including public and private entities, involved in the mobilisation and delivery of international public finance and the impact of their operations on financier and recipient states and their constituents. It will also study the different governance mechanisms of these organisations, including multilateral organisations such as the International Monetary Fund, the New Development Bank (also known as the BRICs bank), the World Bank Group, and United Nations agencies as well as regional organisations such as the European Union and private foundations such as the Gates Foundation.
It will also consider the architecture of the so-called ‘global financial safety net’, the institutions and mechanisms aimed at preventing, mitigating and resolving financial crises, as well as the law and governance of sovereign debt.
Principal topics will include:
- Introduction to International Public Finance,
- Regulatory Framework for International Public Finance and Development Co-operation,
- Multilateral Development Finance and Global Public Goods,
- Bilateral Aid and Public Finance,
- Blended Finance and Public-Private Partnerships,
- Accountability of International Public Finance,
- Global Financial Stability and International Public Finance,
- Sovereign Debt Law and Governance.
Intended learning outcomes
A student who has successfully completed this subject should be able to:
- Identify and explain the rationale, purpose and background of international public finance,
- Identify and distinguish between the key institutions and processes involved in the international architecture of public finance,
- Explain and analyse international public financial flows and the operations of the main international, regional and national actors involved in the mobilisation and delivery of international public finance,
- Critically evaluate the legal, regulatory and policy framework of international public finance and the impact of their operations on state, communities and the broader global economy,
- Critically analyse contemporary and future trajectories of international public finance in light of current trends and developments and future impacts.
Generic skills
- Research skills, including constructing research questions, developing a plan for researching topics, undertaking research from primary and secondary sources, analysing and prioritising information/ data from research and applying them to answering research questions and constructing academic debates,
- Writing skills, including formulating scholarly work, constructing arguments, adhering to good academic practice and academic writing conventions, and proof-reading and editing manuscripts,
- Advocacy and communication skills, including developing, constructing and supporting arguments verbally and in written form, engaging in academic and policy debates, translating complex and technical academic and policy information into accessible content and communicating ideas in small and large groups.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Some knowledge of international law recommended but not essential.
Applicants without legal qualifications should note that subjects are offered in the discipline of law at an advanced graduate level. While every effort will be made to meet the needs of students trained in other fields, concessions will not be made in the general level of instruction or assessment. Most subjects assume the knowledge usually acquired in a degree in law (LLB, JD or equivalent). Applicants should note that admission to some subjects in the Melbourne Law Masters will be dependent upon the individual applicant’s educational background and professional experience.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Reflective Journal
| 2 July 2024 | 20% |
Research Essay
| 14 August 2024 | 80% |
Hurdle requirement: A minimum of 75% attendance is required. | N/A |
Last updated: 31 January 2024
Quotas apply to this subject
Dates & times
- June
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 150 hours Pre teaching start date 15 May 2024 Pre teaching requirements Please refer to the Reading Guide on the LMS subject page for confirmation of which resources need to be read and what other preparation is required before the teaching period commences. Teaching period 12 June 2024 to 18 June 2024 Last self-enrol date 20 May 2024 Census date 13 June 2024 Last date to withdraw without fail 19 July 2024 Assessment period ends 14 August 2024 June contact information
Lecturer
Celine Tan (Coordinator)
Email: law-masters@unimelb.edu.au
Phone: 13 MELB (13 6352), International: +(61 3) 9035 5511
Website: law.unimelb.edu.au
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Additional delivery details
This subject has a quota of 30 students.
Enrolment is on a 'first in' basis. Waitlists are maintained for subjects that are fully subscribed.
Students should note priority of waitlisted places in subjects will be given as follows:
- To currently enrolled Graduate Diploma and Masters students with a satisfactory record in their degree
- To other students enrolling on a single subject basis, eg Community Access Program (CAP) students, cross-institutional study and cross-faculty study.
Please refer to the Melbourne Law Masters website for further information about the management of subject quotas and waitlists.
Melbourne Law School may reserve places in a subject for incoming international cohorts or where a subject is core to a specialisation with limited alternate options.
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
Specialist materials will be made available via the LMS in the pre-teaching period.
- Links to additional information
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Additional information for this subject
If required, please contact law-masters@unimelb.edu.au for subject coordinator approval.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 31 January 2024