The course examines the legal framework underpinning the access to and mobilisation of different sources of capital - public and private, domestic and international - for financing sustainable development. A theoretical framework on the relationship between legal institutions, economic growth and sustainable development is applied to discuss practical legal issues on financing development such as the effectiveness of domestic laws in attracting and maximising the sustainable development impact of foreign direct investment, the conditionality attached to financial assistance provided by the International Monetary Fund, and aid effectiveness. Topics covered include the national and international legal framework on foreign direct investment, IMF and Multilateral Development Banks’ financial assistance and Official Development Assistance. The course seeks to provide students with intellectual tools to analyse contemporary legal issues on financing development both from a theoretical and practical perspective. It will be particularly attractive to students interested in career paths in international financial institutions, development organizations, consulting firms, government bodies, law firms, commercial banks and NGOs concerned with financing development.
