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Issues of Law and Finance in Africa 24 hours, 2 credits Professors Nsongurua Udombana & Moussa Djiré This seminar will explore some historical, economic, political and social factors of contemporary African legal and financial systems; will describe the main aspects of these systems, national, regional and sub regional; will show the influence of globalization and international capitalism on these systems; will enlighten the struggle of African people against the maneuvers of international capitalism. The contents will be based on comparison of financial and legal systems in French and English speaking countries. The seminar will be based on magistral lectures, powerpoint and film projection, and commentary of legal and financial documents. The seminar will be organised around the following subjects: Preliminary chapter: African law or law in Africa? Definitions of law, its essence, modes of formation and specificities according to different legal systems. Chapter 1: Historical, economic, political and social factors of contemporary African legal and financial systems. Influence on these systems of customary law, colonisation, domestic political, economical , socio-cultural factors on the one hand and international, especially international capitalism on the other hand. Chapter 2: African legal and financial systems. African constitutionalism, land issues, investment and financial systems, regional organisations. Chapter 3: Evolution of African legal and financial systems and influence of globalization on this process. Since the 1980s under the pressure of Bretton Woods institutions (WB and IMF), many African countries started “structural adjustment” programs which led to the emergence of new legal and financial systems in order to protect the interests of international capitalism and emphasized the process of destruction of African countries’ sovereignty . Chapter 4: Struggle of African people through civil society and regional organizations against the maneuvers of international capitalism. African States’ attempts to protect their interests in the negotiations of GATT and with the EU Commission (prolongation of the Cotonou’s Agreement). Nsongurua Udombana - Visiting Associate Professor Nigerian nationality, is currently an Associate Professor at the Central European University, Budapest. Moussa Djiré - Visiting Associate Professor Faculty of Law and politics - University of Bamako, Mali
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