Michael Waibel

Nomura Visiting Professor of International Financial Systems

Winter and Spring Terms 2019

Areeda 133


Assistant: Thompson Potter / 617-496-5028


Michael Waibel is a University Senior Lecturer at the University of Cambridge, Co-Deputy Director of the Lauterpacht Centre for International Law and a Fellow of Jesus College.

His main research interests are public international law, international economic law with a focus on finance and the settlement of international disputes. He teaches international and EU law.

In 2008, the American Society for International Law awarded him the Francis Deak prize for his AJIL article 'Opening Pandora's Box: Sovereign Bonds in International Arbitration'. The European Society of International Law awarded him their 2012 book prize for his monograph Sovereign Defaults before International Courts and Tribunals (Cambridge University Press, 2011). He won a Leverhulme Prize in 2014. For publications see SSRN.

Michael holds Mag. iur. and Dr. iur. degrees from the Universität Wien, an MSc (Econ.) from the LSE and an LLM from Harvard Law School. He is admitted to the New York bar and holds a diploma of the Hague Academy of International Law.

Areas of Interest

Michael Waibel & William Alford, Technology Transfer, in 9 The Max Planck Encyclopedia of Public International Law 801 (Rüdiger Wolfrum ed., 2012).
International, Foreign & Comparative Law
Technology & Law
International Law
International Trade
Science & Technology
Type: Book
Technology transfer concerns the efficient and equitable allocation of existing technology in the world. Such a transfer differs from the creation of new technology, even though it may enable further technological developments. The term technology transfer entered international law in the 1960s, though its precise definition remains contentious. Technology transfer has two dimensions. The first is technology as a catalyst for economic development. Technology transfer is widely believed to lead to higher economic growth. In the 1970s and 1980s, dependence theory — the view that integration into the world economy on capitalist terms would gradually worsen the balance of trade for developing countries — had many followers. This model of development emphasized political and economic independence through control of trade, capital, and technology flows. The second dimension concerns the policing of technology licenses by competition authorities, and the co-ordination of national competition policies relating to technology.

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