economic development

Georgia Professor Christopher Bruner publishes in the Journal of Law and Political Economy

University of Georgia School of Law professor Christopher M. Bruner published an article titled “National Identity and Economic Development in Market-Dominant Small Jurisdictions” in UC Berkeley’s peer-reviewed Journal of Law and Political Economy.

A working paper version of the article was previously presented at the symposium on “Law, Identity, and Economic Development in the Post-Colonial Era: The Case of the Northern Atlantic and Larger Caribbean Regions,” hosted by the Princeton School of Public and International Affairs. For more information, please see our previous post.

Below is an abstract of the article:

Small jurisdictions that are globally competitive in providing cross-border financial services—market-dominant small jurisdictions (MDSJs)—occupy fascinating and unique positions in global markets, reflecting the complexity of their linkages with major economies. This article explores how the distinctive features of MDSJs highlight important dimensions of the relationship between national identity and economic development. I review literatures that aim to explain how jurisdictions behave in the economic context, focusing on concepts of nationalism, national identity, and nation branding, and how such phenomena might impact one another. I then assess their application to the relationship between national identity and economic development in MDSJs, where realities of size and geography prompt substantial outward orientation and incentivize innovations in law and finance to service economic activity largely occurring elsewhere. The article culminates with a vivid case study—the role of national identity in developing, marketing, and maintaining Bermuda’s outsized role in global insurance markets.

Christopher M. Bruner is the Stembler Family Distinguished Professor in Business Law at the University of Georgia School of Law and serves as a faculty co-director of the Dean Rusk International Law Center.

Georgia Law 2L Cade Pruitt receives Asia-Georgia Internship Connection Scholarship

University of Georgia School of Law student Caden Pruitt, 2L, was selected as a recipient of the UGA Office of Global Engagement’s Asia-Georgia Internship Connection Scholarship to support his upcoming Global Externship Overseas (GEO) at KPMG Law in Ho Chi Minh City, Vietnam. Pruitt will be supervised at his externship by Georgia Law alumnus Binh Tran (J.D., ’11), Director at KPMG Law. In addition to the work he will complete as a legal extern, Pruitt will engage in a supervised research project with Professor Christopher M. Bruner, Stembler Family Distinguished Professor in Business Law & Faculty Co-Director of the Dean Rusk International Law Center.

Pruitt’s proposed research project will culminate in a note titled Vietnam: A guide to economic and legal developments, which will involve analyzing risks, opportunities, and the legal environment for foreign direct investors in Vietnam with consideration given to the interests of companies in Vietnam. The note will include three components: an analysis of the motivations for Foreign Direct Investments (“FDI”) in Vietnam, an analysis of the consumer market in Vietnam, and a proposal for contractual approaches to joint-value creation and mitigating risk. It will outline the legal framework for investments under Vietnamese law and will discuss contractual optimization for the resolution of disputes.

This scholarship funds student pursuing credit-bearing internships in southeast Asia for a duration of at least four weeks. Preference is given to students traveling to Cambodia, Indonesia, Japan, South Korea, Laos, Malaysia, Mongolia, the Philippines, Singapore, Taiwan, Thailand, and Vietnam.

This will be Pruitt’s second GEO; the summer of his first year at Georgia Law, he externed with Bodenheimer in Cologne, Germany, under the supervision of Georgia Law alumnus and Rusk Council member Dr. Christof Siefarth (LL.M., ’86).