Curriculum: ROSE + HYRIS

Term: 2^ndyear, 2^nd semester

Syllabus: available here

CFU: 3

SSD: GIUR-11/A

Duration and Schedule: available here

Office hours: by appointment

BRIEF CONTENT AND DESCRIPTION

Objectives

The course aims at presenting and analyzing, in a comparative and international perspective, the role of legal rules and institutions in the context of disaster risk prevention, mitigation, transfer and financing. Topics to be covered include: identification of the main institutional actors; the impact of law on catastrophic risk management across the world; international principles, standards, directives and guidelines developed in the recent years; legal and policy implications of disaster risk financing for governments; public-private initiatives to cover the cost of extreme risks and catastrophe insurance schemes implemented in different jurisdictions; the role of taxation and fiscal policies; capital market solutions as alternative risk transfer (ART) tools.

The course will be divided into lectures and practice hours, organized as follow: lessons will define the general framework and provide the basic concepts; practice hours will focus on specific topics and will require active participation of the attendees.

 Decription

1. Introduction: the human component of disasters and the role of law
2. Industrial accidents, liability rules and risk management tools
3. A comparative approach to disaster laws across the world
4. Emergency response: the role of civil protection mechanisms
5. Disaster risk financing and transfer tools
6. Taxation and fiscal policies
7. Case studies

Requirements

There are no specific requirements.

References

1. D.A. Farber et al., Disaster Law and Policy, 2^nd ed., Aspen Publisher, 2010.
2. S. Shavell, Economics and liability for accidents, New Palgrave Dictionary of Economics, 2nd Edition, 2008, Harvard Law and Economics Discussion Paper No. 535, 2005.
3. S. Moratti, The role of taxation in climate related disaster risk management policies, in Rivista di diritto finanziario e scienza delle finanze, 3, 2018, 354
4. P. Pistone, E. Traversa, European fiscal and tax policies for damaged areas: the European legal framework of reference, in Tax implications of natural disaster and pollution, Wolters Kluwer, 2015, 15.
5. Other course materials will be made available during the class time.

Assessment

Assignments will be handed over during the course. The final examination will consist in a written test.

Instructors: tba