Curriculum Guide · Courses

Professor Chris Brummer

J.D. Seminar 061 (cross-listed) | 3 credit hours

This course explores the impact of globalization on systemic risk and international financial regulation. Our focus this year will include law and international monetary policy and its implications for the regulation of international finance. The course will also examine past and present financial crises and in the process address some of the measures recently taken by national regulators, international standard setters and market participants to address these risks.

Students will be expected to read between 100-150 pages a week and to provide for each class a one page analysis of the reading, which will be distributed to students via courseware. Additionally, at least once during the semester, each student will either individually or with other students, direct class discussion on one of the assigned readings. Students taking the class for 3 will be required to write a seminar paper meeting the upper level writing requirement, though may lead a class discussion on their seminar paper in lieu of discussing an assigned reading.

The readings will come from the following books:

1) Barry Eichengreen, Globalizing Capital: A History of the International Monetary System
2) David Wessel, In Fed We Trust
3) Dani Rodrik, The Globalization Paradox
4) Chris Brummer, Soft Law and the Global Financial System: Rule Making in the 21st Century
5) Andrew Singer, Regulating Capital: Setting Standards for the International Financial System

We will additionally discuss other assigned readings from various law reviews, think tank reports and policy initiatives by international standard setting bodies.

Recommended: Corporations, Securities Regulation, Secured Transactions, International Law.

The 3 credit section of this course requires Professor Permission to enroll. Interested students should email Professor Brummer (chris.brummer@law.georgetown.edu) with a one-page description of their proposed research project outlining the topic and argument they are considering. Students must register for the 3 credit section of the seminar if they wish to write a paper fulfilling the Upperclass Legal Writing Requirement. The paper requirements of the 2 credit section will not fulfill the J.D. Upperclass Legal Writing Requirement.