INTERNATIONAL ECONOMIC LAW

This track covers a wide array of topics focused on the interplay of law and economics. Specialized topics on international trade, investments, and competition law are key features of this stream. Students may choose from among the cognate courses to tailor their learning to include relevant issues in a particular region (e.g. Europe, ASEAN) or area of practice (e.g. trade, competition). Upon completing this track, students are expected to have a theoretical and practical understanding of the international trading system and its attendant legal issues. The courses below are given three academic credits each.
 
ASEAN Economic Relations, Law, and Policy
This course examines the trade policies of the Association of Southeast Asian Nations (ASEAN) and the structure of the international trading system. It considers the ASEAN Charter and related treaties in the ASEAN region, the General Agreement on Tariffs and Trade, the World Trade Organization, and the Asia Pacific Economic Cooperation.
 
European Business Law
In the context of the increasingly international nature of business and of the expanding scope of trade between Asia and Europe, this course examines the business-related legal environment in the European Union. It also discusses a general overview of at least four significant areas of European business law and policy.
 
International Competition Laws
This is an overview of the basics of competition law from an international perspective through a comparison of main jurisdictions. All fundamental topics are included, such as the economics of competition law, merger regulation, abuse of dominant market position, horizontal and vertical agreements, public policies, competition rules in different industry sectors, enforcement, among others.
 
International Trade Issues
This course covers the subject of global governance, divided into modules that focus on emerging trends in international law-making and regulation, and their impact on the international economic activities and relations of States, particularly involving developing countries like the Philippines. A central concern that the seminar addresses are the effects of those changes in forms and trends in the international legal regime, as well as in substantive law, that are applicable on a global basis.
 
Introduction to ASEAN Economic Law
This course reviews the ASEAN economic legal framework with particular focus on the ASEAN frameworks on investments and services. It also examines how regional economic integration affects domestic laws and places emphasis on the practice of law in the region, and surveys ASEAN member States’ compliance with the ASEAN economic framework.
 
Introduction to International Economic Law
This seminar provides a general survey of the history and development of international economic law and the international economic institutions created during the Bretton Woods Conference. Substantial treatment is devoted to the World Trade Organization’s rules and the complementary role of the International Monetary Fund in cases of deep balance of payments deficit of member States. The course also examines legal and other related issues resulting from the demands of developing country members within these international economic institutions and the influence of these institutions on national policy-making.
 
Law and Economic Development
This course allows students to study law and economics as an approach to the study of law. Introductory discussions on the dominant schools of thought in this field familiarize students with the concept. The course looks into the role of law, including legal and judicial institutions, in economic development. Special attention is devoted to the experience of the Philippines, taking into account Supreme Court pronouncements involving economic policies, court inefficiencies, and efforts to reform the judiciary.
 
Law and Economics of Antitrust Regulations
This course provides an introduction to the legal doctrines, public policies, and intellectual theories that inform the practice and administration of antitrust law. It tackles problems posed by monopolies, mergers, joint ventures, tying arrangements, exclusive dealing, collaboration in pricing, and other business behavior, as they have arisen in a wide variety of industries and markets.
 
Public-Private Partnership
Using the international law comparative approach, this course enables students to understand the various regimes covering government infrastructure and development contracts under the aegis of Public-Private Partnership (PPP). It delves into key areas such as PPP modalities, risk identification, allocation, funding, regulation, and contractual provisions. It also discusses relevant Philippine laws, jurisprudence, regulations, sample contracts, and education-resource materials on PPP.
 
Treaties and other International Agreements 
This course explores issues pertaining to the law of treaties as a branch of public international law, using the 1969 Vienna Convention on the Law of Treaties (VCLT) as a framework. It delves into more specific topics on treaties and international agreements, such as treaty-making powers of international organizations, resolving conflicts between treaties, special character of human rights treaties, application of the VCLT rules on interpretation, and the relationship between State obligations under international law and domestic laws.
 
UN and Other International Organizations
This course discusses the legal and administrative structure of the United Nations and its specialized agencies. Emphasis is given to the strategic roles and functions assumed by selected international agencies in current developments.