The course aims to provide the theoretical tools on a historical basis, for a critical approach to the understanding of the relationship between law, institutions and economy in the global integration of markets especially financial ones. The course highlights the requirements and legal mechanisms of operation and markets equilibrium in their concrete historical dynamic tracing with a legal perspective the interdependencies between legal rules, institutions and economic structures

1. Knowledge and understanding. The student will have acquired knowledge of the basic theoretical tools necessary for the analysis, framing and understanding of the relationships and interdependencies between institutions, law and economics in their synchronic and diachronic evolution 2. Applying knowledge and understanding. The student will develop the competence to use the knowledge acquired to promote and develop the systemic connection capacity of the relationships between law and economics in order to be able to frame and analyse the effects of measures and legal regulation interventions on the dynamics of functioning of markets and the economy. 3. Making judgements. The student will be able, also thanks to the indications that will be provided in the context of seminar-type activities / exercises and / or presentations, carried out during the course, to proceed autonomously with the identification, collection, selection, processing and interpretation of the information, data and documentation of a legal and economic nature, in order to develop a critical reading and understanding. 4. Communication skills The student will be put in a position to develop, thanks to the activities and exercises carried out during the course and, in particular, to the organization of the lessons with the introduction of the topics and themes to be treated starting from short exposures of the students, the skills to communicate and present the acquired knowledge and information collected during one's study and research activities and to face a discussion on the issues emerging from the presentations carried out. 5. Learning skills The student will acquire a study methodology that, starting from the analysis of the phenomena and problems emerging from the legal and economic context of reference, will allow him to continue and refine his training path by enhancing its depth in a multidisciplinary perspective.

The course introduces the study of the legal and institutional aspects of globalized economy. It defines, on a historical basis, the constitutive nexus between the rule of law and market economy by examining the institutional conditions and legal requirements of functioning of the the different models of economic constitutions followed in the Western countries. The course reconstructs the equilibrium conditions of the economic constitution of the Italian Republic, its problematic integration in the European Union and the progressive inclusion into the globalization since its genesis, starting with the liberalization of capital movements starting from 1980. Attention will be devoted to recent measures of contrast to the systemic crisis of global finance put in place in the US and the EU. Specifically, will be considered the impact of the financial crisis on the Euro, and on the balance of public finances of the member States and in particular on Italy by a critical illustration of the measures adopted and in course of implementation to reach economic and financial equilibrium.

Giuseppe Di Gaspare, Diritto dell’economia e dinamiche istituzionali, Cedam, Padova, Nuova edizione, 2017. (GDG, 2017) Giuseppe Di Gaspare, Teoria e critica della globalizzazione finanziaria, Cedam, Padova, 2011. (GDG, 2011)

On-campus lessons will be organised as follows: in the first part (wee- 1 to 6) lesson of the teacher. In the second part (week 7-12) the students, on the basis of the previous reading of the texts, are able to interact with the teacher and stimulated to intervene in the discussion with requests for clarifications and autonomous observations. In this second part students have the possibility to do classroom presentations on topics assigned by the teacher.

Mid course written assessment test. Final oral examination at the end of the lectures in appeals indicated in the academic calendar.

Demonstrated interest in the subject on the basis of discussion with the teacher.