Development law has increasingly gained in importance for the international law practitioner in a world where unprecedented global interdependence has raised numerous legal and practice-oriented questions. Development Law and International Finance presents analyzes this growing body of law in the context of the policy framework of 'rule of Law' programs aimed at legal reform and structural legal change. The text also examines emerging constitutional and substantive principles of development law and the institutional framework in which it is unfolding. The author further discusses structural legal reform in the financial sector, and the extent to which private international transactions act as a catalyst for such legal reforms. In addition, the text critically reviews the changing role of the state, the privatization process, and the growing importance of emerging capital markets. Finally, Development Law and International Finance addresses the international human rights dimension of development and, in particular, the question of whether there is a human right to development. The book constitutes a valuable contribution to this emerging legal discipline and is essential reading for international legal practitioners, public international law experts, and policy makers involved in the development process.
Prof. Rumu Sarkar is a scholar and professor of Development Law and International Finance at Georgetown University Law Center Washington, DC. She also presently serves as an accomplished agency lawyer with the Office of the General Counsel, United States Agency for International Development where she has served for over a decade. She obtained her Political Science degree at Columbia University New York. Thereafter, she was awarded her Juris Doctor (JD) Degree at the University of Antioch School of Law Washington, DC. Subsequently, she read law at Cambridge University, England where she obtained a Masters in Law Degree (LLM). In my professional opinion, Professor Sarkar's scholarly book, Development Law and International Finance (DLAIF)is the first comprehensive book in print that introduces "Development Law " as an emerging new field of legal studies separate and apart from International Law. International Law scholars, advanced graduate students, development specialists and legal practitioners directly involved in the practice of international policy and business transactions, will find DLAIF intellectually stimulating and helpful. Scholars and researchers interested in the politics of the global economy and international finance will find this seminal work target rich in identifying new areas of scholarly inquiry. No student of International Development and Public Administration can afford to miss this vital new book. Even those general readers who are interested in an introduction to Development Law as a new field of study will find Prof. Sarkar's book very readable and helpful. No contemporary basic collection of books about International law and Political Science should miss this important work. Law librarians and Political Science reviewers alike should include this work in their recommended list for scholarly collections. DLAIF is a compelling and important book. In my opinion, it is one of the most important books published in 1999. [Submitted by Prof. Manindra Mohapatra, Director,Center for Governmental Services, INDIANA STATE UNIVERSITY]
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