LAW5 648 - Emerging Markets: Principles and Practice

This seminar explores the legal and regulatory structures affecting foreign investors seeking to participate in the development of so-called “emerging markets” and in particular in the restructuring of formerly socialist economies. Topics include: corruption and money laundering, liability for human rights abuses, forms of foreign investment and commercial transactions, local accreditation, taxation, the privatization process, intellectual property protection, import-export regulations, currency controls, project and conventional financing, banking, the development and regulation of capital markets, securities and commodities exchanges, financing, and environmental protection. The core of the seminar will be based on an actual investment project involving the development of energy resources in Russia. Russia is used throughout the course as an example of an emerging market presenting particular characteristics and problems that provide important insights into emerging markets elsewhere in the world.

Credits: 3