MASTER OF LAWS Course Code : LAW 603 Course Title : Law & Economic Development – Asian Experiences Instructor : Dr Benny Tabalujan Title : Adjunct Associate Professor Email : b.tabalujan@mbs.edu Date Submitted : 6 November 2012 PRE-REQUISITE/CO-REQUISITE/MUTUALLY EXCLUSIVE COURSE(S) N/A COURSE SPECIALISATION ELECTIVE GRADING BASIS Graded COURSE UNIT 1 CU FIRST OFFERING TERM Academic Year: AY2012/2013 Academic Term: Term 4 (March 2013) Classes: From 9.00am-12noon and 3.00-6.00pm on 15, 16, 22, 23 & 30 March 2013 (Fri, Sat, Fri, Sat, Sat) 1 COURSE DESCRIPTION This interdisciplinary course examines the relationship between law and economic development with an emphasis on the experience of several Asian jurisdictions. The course begins with an introductory survey of the “law and development” field and highlights key questions and themes which are the focus of this area of study. The course then explores how the rule of law concept – in its different manifestations – has been introduced and applied in Asia. In addition, we examine how law interacts with economics, and vice-versa, to affect a country’s economic development. This is done from the perspective of legal institutions, substantive law and legal culture. Four focus jurisdictions – Singapore, Japan, China and Indonesia – provide case studies and concrete examples. The course also discusses possible reasons for the success and failure of specific law reform initiatives in the overall context of nation building. LEARNING OBJECTIVES By the end of this course, participants will be able to: Understand the key questions and themes which revolve around the relationship between law and economic development within the broader context of nation building in Asia Articulate the meaning of the “rule of law” concept and its varieties as found in a number of Asian jurisdictions Analyse the way in which legal institutions, substantive law and legal culture can affect the process of legal reform and the phenomenon of economic development Gain insights into the relationship between law and economic development in the focus jurisdictions of Japan, Singapore, China and Indonesia Critically assess arguments and conclusions regarding causal relationships between law and economic development in the Asian context. PRE-REQUISITE/ CO-REQUISITE/ MUTUALLY EXCLUSIVE COURSE(S) There are no pre-requisites for this course. RECOMMENDED TEXT AND READINGS There is no set textbook for this course. One useful reference is the recently published collection of essays edited by Gerald McAlinn & Caslav Pejovic (noted below). Other references are also provided below. In addition, key reading materials for each session will be made available in the student reading pack. It is essential that these materials are read and reflected upon prior to the commencement of each class. 2 Gerald Paul McAlinn & Caslav Pejovic (eds), Law and Development in Asia (New York: Routledge, 2012) John Garrick (ed), Law, Wealth and Power in China: Commercial Law Reforms in Context (New York: Routledge, 2011) Michael Trebilcock & Ronald Daniels, Rule of Law Reform and Development: Charting the Fragile Path of Progress (Cheltenham, UK: Edward Elgar, 2008) Christoph Antons (ed), Law and Development in East and Southeast Asia (London: Routledge Curzon, 2003) Robert Brown & Alan Gutterman, Asian Economic and Legal Development: Uncertainty, Risk and Legal Efficiency (London: Kluwer, 1998) ASSESSMENT METHOD Class participation: 15% Students are expected to attend all classes and participate actively in class. The class participation assessment is intended to acknowledge a student’s effort in respect of: class attendance; engaging in the key issues discussed in class; demonstrating capacity to understand conceptual frameworks; and articulating personal views in a cohesive and persuasive fashion. The assessment will also take into account a student’s demonstrated willingness to enter into dialogue with other students in a robust and respectful manner. Syndicate report and presentation: 25% Depending on class size, each syndicate is to consist of up to 3 students. Each syndicate is to prepare and submit a written report (not more than 2,500 words) and make an oral presentation (not more than 15 minutes) on a relevant topic approved by the instructor. The purpose of this exercise is to gauge the ability to understand key concepts concerning law & economic development in Asia and provide a persuasive perspective on a specific issue. A common mark will be given to all members in the syndicate. Oral presentations may incorporate a Powerpoint presentation and will be followed by a Q&A session with the class. The written report is to be submitted at least 24 hours prior to the oral presentation. Oral presentations are expected to take place during class sessions on 30 March 2012. Every member of the syndicate is expected to take turns in making the oral presentation. Students should take special note of the need to manage their syndicates properly from the outset. Individual Research Paper: 60% The individual research paper (not more than 7,000-words) is to be on a topic selected by the student and approved by the instructor. The paper is expected to demonstrate the student’s capacity to undertake research in and to form a cogent and persuasive argument regarding one or more of the topics or themes covered in the course. The due date for the research paper is Friday, 26 April 2013. INSTRUCTIONAL METHODS AND EXPECTATIONS This course is taught as an intensive during five days over three weekends (Fri, Sat, Fri, Sat, Sat) in ten units of 3-hour classes. The aggregate of 30 hours of face-to-face class time is designed to encourage active participation by students. Students are expected to undertake preparatory reading and reflection of around 1-2 hours for every hour of class time. Classroom pedagogy will include a mix of mini lectures, seminar-style discussions, syndicate presentations and case studies. Students are expected to contribute to class discussions through insights gained from readings as well as personal observations and experiences 3 from living and working in various Asian jurisdictions. Peer learning through open sharing is encouraged. Important: Academic Integrity All acts of academic dishonesty (including, but not limited to, plagiarism, cheating, fabrication, facilitation of acts of academic dishonesty by others, unauthorized possession of exam questions, or tampering with the academic work of other students) are serious offences. All work (whether oral or written) submitted for purposes of assessment must be the student’s own work. Penalties for violation of the policy range from zero marks for the component assessment to expulsion, depending on the nature of the offence. When in doubt, students should consult the instructors of the course. Details on the SMU Code of Academic Integrity may be accessed at http://www.smuscd.org/resources.html. PROPOSED COURSE SCHEDULE Session Topic Readings (see Reading List below for full references) Tom Ginsburg, “Does law matter to economic development?” (2000) 1 Introduction to law & development Michael Trebilcock & Ronald Daniels, The Rule of Law Reform and Development (2009), Chapter 1 Jedidiah Kroncke, “Law and development as anti-comparative law” (2012) 2 Rule of law – what does this mean in the Asian context? 3 Asian legal systems (legal institutions, substantive law, legal culture) & economic development 4 5 Commercial law reform – the Asian experience Focus jurisdiction: Singapore Randall Peerenboom, Asian Discourse of Rule of Law (2004), Preface John Onhesorge, “Rule of law” (2007) Lawrence Friedman, “Legal Culture and Social Development” (1969) Robert Brown & Alan Gutterman, “Cross-cultural view of uncertainty: anthropological view” (1998) Robert Boyer, “What institutional regimes for the era of internationalization?” (2002) John Ohnesorge, “Law and development orthodoxies and the Northeast Asian experience” (2012) Roman Tomasic, “Asian Economic Crisis and Legal Institutions: a tale of two cities” (2003) John Ohnesorge, “Asia’s legal systems in the wake of the financial crisis: can the rule of law carry any of the weight?” (2007) Davinia Abdul Aziz, “Negotiating the antinomies of the Singapore constitutional order” (2009) Arun Thiruvengadam & Michael Ewing-Chow, “Echoes of Through the Looking Glass: Comparing judicial reforms in Singapore and India” (2012) 4 Harold Baum, “Globalization v Paternalistic Regulation: some thoughts about economic success, the role of law and the regulation of Japan’s financial markets” (2003) 6 Focus jurisdiction: Japan Graham Mayeda, “Appreciate the difference: the role of different domestic norms in law & development reform – lessons from China and Japan” (2006) Bruce Aronson, “Changes in the role of lawyers and corporate governance in Japan – how do we measure whether legal reform leads to real change?” (2009) Jinfu Chen, “Policy as law and law as policy: the role of law in China’s development strategy” (2003) 7 Focus jurisdiction: PRC Connie Carter, “The success of law and development in China: is China the latest Asian developmental state?” (2012) Randall Peerenboom, “Conclusion: law, wealth and power in China” (2011) Christoph Antons, “Japan as a model? Comparing law and development in Japan, Singapore and Indonesia” (2003) 8 Focus jurisdiction: Indonesia Simon Butt (2010), “Regional autonomy and legal disorder: the proliferation of local laws in Indonesia” Hikmahanto Juwana et al, “Shariah law as a system of governance in Indonesia: the development of Islamic financial law” (2008) 9 10 Syndicate presentations Integrative review Student syndicate reports Kevin Davis et al, “Symposium: the future of law and development, Part III” (2009) Daniel Sokol et al, “Symposium: the future of law and development, Part IV” (2010) READING LIST Session 1 Tom Ginsburg, "Does Law Matter for Economic Development? Evidence from East Asia." 34(3) Law and Society Review (2000), 829-856 Michael Trebilcock & Ronald Daniels, The Rule of Law Reform and Development: Charting the Fragile Path of Progress (Cheltenham, UK: Edward Elgar, 2009), Chapter 1, “The relationship of the rule of law to development”, 1-57 Jedidiah Kroncke, “Law and development as anti-comparative law” (2012) 45 Vanderbilt Journal of Transnational Law, 477-555 Session 2 Randall Peerenboom, Asian Discourse of Rule of Law (London: Routledge, 2004), Preface, x-xxiii John Onhesorge, “Rule of law” 2007(3) Annual Review of Law and Social Science, 99-114 5 Session 3 Lawrence Friedman, “Legal Culture and Social Development” (1969) 4 Law & Society Review 29 Robert Brown & Alan Gutterman, Asian Economic and Legal Development: Uncertainty, Risk and Legal Efficiency (London: Kluwer Law, 1998), Chapter 4: “Cross-cultural view of uncertainty: anthropological view”, 73-90 Robert Boyer, “What institutional regimes for the era of internationalization?” in Yves Dezalay & Bryant G Garth, Global Prescriptions: The Production, Exportation and Importation of a New Legal Orthodoxy (Ann Arbor: University of Michigan Press, 2002), 96-138 John Ohnesorge, “Law and development orthodoxies and the Northeast Asian experience” in Gerald Paul McAlinn & Caslav Pejovic (eds), Law and Development in Asia (London: Routledge, 2012), 9-42 Session 4 Roman Tomasic, “Asian Economic Crisis and Legal Institutions: a tale of two cities” in Christoph Antons (ed), Law and Development in East and Southeast Asia (London: Routledge, 2003), 358-387 John Ohnesorge, “Asia’s legal systems in the wake of the financial crisis: can the rule of law carry any of the weight?” in Meredith Jung-En Woo (ed), Neoliberalism and Institutional Reform in East Asia: A Comparative Study (New York: Palgrave Macmillan, 2007), 63-88 Session 5 Davinia Abdul Aziz, “Negotiating the antinomies of the Singapore constitutional order” [2009] Singapore Journal of Legal Studies, 661-670 Arun Thiruvengadam & Michael Ewing-Chow, “Echoes of Through the Looking Glass: Comparing judicial reforms in Singapore and India” in Gerald Paul McAlinn & Caslav Pejovic (eds), Law and Development in Asia (London: Routledge, 2012), 167-194 Session 6 Harold Baum, “Globalization v Paternalistic Regulation: some thoughts about economic success, the role of law and the regulation of Japan’s financial markets” in Christoph Antons (ed), Law and Development in East and Southeast Asia (London: Routledge, 2003), 131-153 Graham Mayeda, “Appreciate the difference: the role of different domestic norms in law & development reform – lessons from China and Japan” 51(3) (2006) McGill Law Journal, 547-598 Bruce Aronson, “Changes in the role of lawyers and corporate governance in Japan – how do we measure whether legal reform leads to real change?” 8(2) (2009) Washington University Global Studies Law Review, 223-240 Session 7 Jinfu Chen, “Policy as law and law as policy: the role of law in China’s development strategy” in Christoph Antons (ed), Law and Development in East and Southeast Asia (London: Routledge, 2003), 251-270 Connie Carter, “The success of law and development in China: is China the latest Asian developmental state?” in Gerald Paul McAlinn & Caslav Pejovic (eds), Law and Development in Asia (London: Routledge, 2012), 89-108 Randall Peerenboom, “Conclusion: law, wealth and power in China” in John Garrick (ed), Law, Wealth and Power in China: Commercial Law Reforms in Context (London: Routledge, 2011), 272-293 6 Session 8 Christoph Antons, “Japan as a model? Comparing law and development in Japan, Singapore and Indonesia” in Christoph Antons (ed), Law and Development in East and Southeast Asia (London: Routledge, 2003), 216-250 Simon Butt (2010), “Regional autonomy and legal disorder: the proliferation of local laws in Indonesia” [2009] Singapore Journal of Legal Studies, 1-21 Hikmahanto Juwana et al, “Shariah law as a system of governance in Indonesia: the development of Islamic financial law” 25(4) (2008) Wisconsin International Law Journal, 773-795 Session 9 Student syndicate reports Session 10 Kevin Davis et al, “Symposium: the future of law and development, Part III” 104 (2009) Northwestern University Law Review Colloquy, 186-200 Daniel Sokol et al, “Symposium: the future of law and development, Part IV” 104 (2010) Northwestern University Law Review Colloquy, 238-250 7