jerome.sgard
I studied at the universities of Grenoble and then received my PhD from Paris 10 Nanterre, in economics. Before joining SciencesPo, I was a researcher at the Center for Prospective Studies and International Information (CEPII) and Adjunct Professor of Economics at Paris Dauphine University (1999-2011). My current research focuses on the construction and regulation of markets, seen from a “bottom-up” or micro-based perspective, in which a strong accent is given to legal rules and procedures. Here we find in particular the figures of the judge and the arbiter, but also, for example, that of the economic missions of the IMF which try to mediate between countries in debt crisis and their creditors.
This is the theme of my last book, published at the end of 2023: The Debt Crisis of the 1980s, Law and Political Economy. This multidisciplinary work is based in particular on interviews with the main personalities who managed this crisis (de Larosière, Volcker, Rhodes, etc.), on the other hand on important archival work (IMF, the New York Fed, the Bank of England, the Banque de France, the Bank for International Settlements, etc).
- The Debt Crisis of the 1980s, Law and Political Economy. 2023. Elgar, 341 p.
Podcasts
1982: the debt crisis that could have destroyed Western banking. What we can learn from four decades of financial turmoil and recovery
Institut Brueghel, Bruxelles
Lessons from the 1980s Debt Crisis
Clauses & Controversies, by Mitu Gulati et Mark Weidemaier
- Une justice privée? L'arbitrage et la construction d'un espace marchand international (1920-1960). Actes de la Recherche en Sciences Sociales, 2024/1, 251, pp. 34-49 ; avec Claire Lemercier.
- The Simplest Model of Global Governance Ever Seen? The London Corn Market (1885- 1930). Forthcoming in Brousseau, Glachant, Sgard (eds). Oxford Handbook of International Economic Governance. Oxford University Press.
- Liquidity Swaps between Central Banks, the IMF, and the Evolution of the International Financial Architecture (with Pauline Bourgeon). Forthcoming in Oxford Handbook of International Economic Governance.
- The International Chamber of Commerce, Multilateralism and the Invention of International Commercial arbitration. Conference on “1919, La Conference de la Paix de Paris/ The Paris Peace Conference”. Paris & Versailles, 5-8 june 2019.Forthcoming in a collective work.
- Who was Martin Domke? German Emigré, International Arbitrator, Friend of Walter Benjamin. Forthcoming in a collective work.
- Compte-rendu critique de ‘Making Commercial Law through practice, 1830-1970’, by R Cranston, Cambridge UP.
- Compte-rendu critique de ‘The Economic Weapon: the Rise of Sanctions as tool of modern war’, by N Mulder, Yale UP.
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Teaching
Introduction to Global Economic History (Collège)
Law, Markets and Politics (Collège)
Growth and Reform in Emerging Economies (PSIA)
Global Economic Governance (PSIA) -
Web
Publiés récemment/Recently published
Ouvrages/Books
The Debt Crisis of the 1980s, Law and Political Economy. 2023. Elgar, 341 p.
Contractual Knowledge: A Hundred Years of Legal Experimentation in Global Markets, a conference volume edited with G Mallard, Cambridge University Press, feb. 2016. 406 pages. Paperback edition, december 2018.
Articles
From a Multilateral Broker to a National Judge, The Law and Governance of Sovereign Debt Restructurings, 1980-2015. In N. Barreyre and N. Delalande, eds. (2020). A World of Public Debts, A Political History. London: Palgrave/Macmillan, pp. 427-452.
Global market for sovereign debt: Argentina v. NML Capital ltd, Measuring the strength of contract against sovereign impunity. In: Muir Watt, H et alii (eds). Global Private International Law: Adjudication Without Frontier. 2019, Cheltenham: E Elgar. pp. 253-263 (french version forthcoming by Pedone, fall 2019).
Contracts, Treaties, and the Public Space. Harvard International Law Journal, Comment. April 2019.
Les archives du Fonds Monétaire International. Histoire@Politique, 37, janvier-avril 2019.
Albert Hirschman – un essai de cartographie intellectuelle. Critique Internationale. 77, December 2017, pp. 141-164.
Why are Modern Bureaucracies Special? State Support to Private Firms in Early Eighteenth Century France. The Journal of Economic History, 77 (4), December 2017, pp. 1144-1176 (avec Jean Beuve et Eric Brousseau).
Mercantilism and Bureaucratic Modernization in Eighteenth Century France. Economic History Review. May 2017, 70 (2), pp. 529-558 (avec Jean Beuve et Eric Brousseau).
Courts at work: Bankruptcy Statutes and Private Ordering in England (17th-18th century). Journal of Comparative Economics. May 2016, 44 (2), pp. 450-460.
A Tale of Three Cities: The Construction of International Commercial Arbitration (1890- 1960). in Mallard and Sgard (ed). Contractual Knowledge. Cambridge Press, pp. 153-184. 2016.
