Home>Jérôme Sgard

Research Interest(s): History of the IMF, history of the "second globalization", history of global commercial arbitration and history of economic policies.
Discipline(s): Economics
Subdiscipline(s): Political Economy, International Relations
Research Group(s): Global economy, capitalism, extraction, State, political regimes, mobilisations
Geographical Area(s): Global realm
Biography
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).
Current Research
Bureaucratic modernization and economic policy-making in 18th c. France, A history of international commercial arbitration (1880-1980), Law, Courts and Economic development in 19th c. France, Issues contemporary global economic governance (Imf, sovereign debt, emerging economies, etc).
Teaching
Introduction to Global Economic History (Collège)
Law, Markets and Politics (Collège)
Growth and Reform in Emerging Economies (PSIA)
Global Economic Governance (PSIA)
publications
- Jérôme Sgard. Imperial politics, open markets and private legal ordering: The global grain trade (1875–1914). Journal of Global History, 2025, 19 p. ⟨10.1017/S1740022824000214⟩. ⟨hal-05232841⟩
- Eric Brousseau, Jean-Michel Glachant, Jérôme Sgard (Dir.). The Oxford Handbook of Institutions of International Economic Governance and Market Regulation. Oxford University Press, 926 p., 2025, 9780190900571. ⟨10.1093/oxfordhb/9780190900571.001.0001⟩. ⟨hal-05232863⟩
- Claire Lemercier, Jérôme Sgard. Une justice privée ? L’arbitrage et la construction d’un espace marchand international (1920-1960). Actes de la Recherche en Sciences Sociales, 2024, 2024/1 (251), pp.34-49. ⟨10.3917/arss.251.0034⟩. ⟨hal-04581291⟩
- Claire Lemercier, Jérôme Sgard. Une justice privée ?. Actes de la Recherche en Sciences Sociales, 2024, 251, pp.34-49. ⟨halshs-04562973⟩
- Jérôme Sgard. Compte rendu - The Economic Weapon. The Rise of Sanctions as a Tool of Modern War. Critique Internationale, 2023, 2023/4 (n° 101), pp.181-184. ⟨10.3917/crii.101.0181⟩. ⟨hal-04347286⟩
- Jérôme Sgard. The Debt Crisis of the 1980s. Law and Political Economy. Edward Elgar Publishing, 354 p., 2023, 9781839103629. ⟨hal-04372242⟩
- Jérôme Sgard. Imperial Politics, Open Markets and Private Ordering: The Global Grain Trade (1875-1914). 2023. ⟨hal-04073538⟩
- Jérôme Sgard. Imperial Politics, Open Markets and Private Ordering: The Global Grain Trade (1875-1914). 2023. ⟨hal-04081417⟩
- Claire Lemercier, Jérôme Sgard. L’arbitrage et la construction d’un espace marchand global. 2023. ⟨hal-04081383⟩
- Jérôme Sgard. Compte rendu de "A Velvet Empire, French Informal Imperialism in the Nineteenth Century". Revue Française de Science Politique, A paraître. ⟨hal-04123421⟩
- Jérôme Sgard. Compte rendu de "The Economic Weapon. The Rise of Sanctions as a Tool of Modern War". Critique Internationale, A paraître, 4 p. ⟨hal-04081535⟩
- Jérôme Sgard. Inventing Conditionality, Exploring Its Politics (1946-1958). Jérôme Sgard (Ed.). The Debt Crisis of the 1980s. Law and Political Economy, Edward Elgar Publishing, 19 p., In press, 9781839103629. ⟨hal-04081478⟩
- Jérôme Sgard. Who was Martin Domke ? German Emigre: International Arbitrator, Friend of Walter Benjamin. The System of International Arbitration, Liber Amicorum Emmanuel Gaillard, In press. ⟨hal-04074142⟩
- Jérôme Sgard. Book review "Making Commercial Law Through Practice". Journal of Economic History, 2022, 82 (4), pp.1233-1235. ⟨10.1017/S0022050722000444⟩. ⟨hal-04081582⟩
- Jérôme Sgard. The Three Ages of International Commercial Arbitration, par Mikaël Schinazi, Cambridge University Press, 2022, 352 pages. Rev. crit. DIP. Revue Critique de Droit International Privé, 2022, 3 (3), pp.674-678. ⟨10.3917/rcdip.223.0674⟩. ⟨hal-04074030⟩
- Jérôme Sgard. From a Multilateral Broker to the National Judge: The Law and Governance of Sovereign Debt Restructuring, 1980–2015. Nicolas Barreyre, Nicolas Delalande (eds). A World of Public Debts, Palgrave Macmillan, pp.427-452, 2020, Palgrave Studies in the History of Finance, 9783030487935. ⟨10.1007/978-3-030-48794-2_17⟩. ⟨hal-03811975⟩
- Jérôme Sgard. Epidémie, économie et inégalités : anatomie d'une crise globale. 2020. ⟨hal-03391906⟩
- Jérôme Sgard. Épidémie, développement, dette : les relations élémentaires. Les Dossiers du CERI, 2020, en ligne. ⟨hal-03566780⟩
- Jérôme Sgard. L’Amérique latine et l’histoire intellectuelle de l’Economie du développement. Les Études du CERI, 2020, 245-246, pp.42 - 46. ⟨10.25647/etudesduceri.245-246.07⟩. ⟨hal-03474683⟩
- Jérôme Sgard. América Latina y la historia intelectual de la economía del desarrollo. Les Études du CERI, 2020, 245-246, pp.42 - 45. ⟨hal-03455945⟩
- Jérôme Sgard. Book review "Dark Credit Matter. The Development of Peer-to-Peer Lending and Banking in France". Journal of Economic History, 2019, 79 (4), pp.1193-1194. ⟨10.1017/S0022050719000664⟩. ⟨hal-04081574⟩
- Jérôme Sgard. Crise de la dette des années 1980 : les acteurs et les archives. 2019. ⟨hal-03392084⟩
- Jérôme Sgard. The Simplest Model of Global Governance Ever Seen? The London Corn Market (1885–1914). Eric Brousseau, Jean-Michel Glachant, Jérôme Sgard (eds). The Oxford Handbook of Institutions of International Economic Governance and Market Regulation, Oxford University Press, 2019, 9780190900571. ⟨10.1093/oxfordhb/9780190900571.013.29⟩. ⟨hal-04081565⟩
- Jérôme Sgard. The International Chamber of Commerce, Multilateralism and the Invention of International Commercial Arbitration. La Conférence de la Paix de Paris de 1919. Les défis d’un nouvel ordre mondial, Institut historique allemand (IHA); Université Paris 1 Panthéon-Sorbonne; Centre de recherche du château de Versailles, Jun 2019, Paris ; Versailles, France. ⟨hal-03594372⟩
- Jérôme Sgard. Compte rendu - Franaszek, Andrzej. "A Biography, Milosz". 2019. ⟨hal-03607910⟩
- Jérôme Sgard. Sur Gershom Scholem. Revue Esprit, 2019, Juin 2019, pp.160 - 164. ⟨10.3917/espri.1906.0151⟩. ⟨hal-03594363⟩
- Jérôme Sgard. Global market for sovereign debt: Argentina v. NML Capital ltd, Measuring the strength of contract against sovereign immunity. Horatia Muir Watt; Lucia Bíziková; Agatha Brandão de Oliveira; Diego Fernandez Arroyo (eds). Global Private International Law: Adjudication without frontiers, Edward Elgar Publishing, pp.256 - 262, 2019, 9781788119221. ⟨hal-03594235⟩
- Jérôme Sgard. Contracts, Treaties, and the Public Space (comment). Harvard International Law Journal, 2019, 59, pp.20-30. ⟨hal-03393687⟩
- Pauline Bourgeon, Jérôme Sgard. Liquidity Swaps between Central Banks, the IMF, and the Evolution of the International Financial Architecture. Eric Brousseau, Jean-Michel Glachant, Jérôme Sgard (eds). The Oxford Handbook of Institutions of International Economic Governance and Market Regulation, Oxford University Press, 2019, 9780190900571. ⟨10.1093/oxfordhb/9780190900571.013.2⟩. ⟨hal-04081559⟩
- Jérôme Sgard. The Private Governance of a Global Market: The London Corn Trade Association, 1885-1914. 2019. ⟨hal-03594359⟩
- Jérôme Sgard. NML v Argentina : la force du contrat. 2019. ⟨hal-03594351⟩
- Jérôme Sgard. Les Archives du Fonds monétaire international (FMI). Histoire@Politique : revue du Centre d'histoire de Sciences Po, 2019, 37, 10 p. ⟨10.4000/histoirepolitique.4824⟩. ⟨hal-03456123⟩
- Jérôme Sgard. Crises financières et avenir du multilatéralisme. Le FMI contre les Banques centrales ?. Books and Ideas, 2018, pp.en ligne. ⟨hal-03393041⟩
- Jérôme Sgard. Ernst Kantorowicz: A Life, de Robert E. Lerner. Revue Esprit, 2018, Le courage de l'hospitalité, Juillet-Août 2018, pp.237-240. ⟨10.3917/espri.1807.0215⟩. ⟨hal-03594374⟩
- Jérôme Sgard. Compte rendu - Lerner, Robert E. 'Ernst Kantorowicz, a Life'. 2018. ⟨hal-03594292⟩
- Jérôme Sgard. Albert O. Hirschman. Essai de cartographie intellectuelle. Critique Internationale, 2017, 77, pp.141 - 164. ⟨10.3917/crii.077.0141⟩. ⟨hal-03399661⟩
- Jean Beuve, Jérôme Sgard, Eric Brousseau. Why Are Modern Bureaucracies Special? State Support to Private Firms in Early-Eighteenth Century France . Journal of Economic History, 2017, 77 (4), pp.1144-1176 ⟨10.1017/S0022050717001061⟩. ⟨hal-01463004⟩
- Jérôme Sgard. Book review "Le crisi finanziarie/Financial crises". The Economic History Review, 2017, 70 (2), pp.676-677. ⟨10.1111/ehr.12553⟩. ⟨hal-04099066⟩
- Jean Beuve, Eric Brousseau, Jérôme Sgard. Mercantilism and bureaucratic modernization in early eighteenth-century France. The Economic History Review, 2017, 70 (2), pp.529-558. ⟨10.1111/ehr.12284⟩. ⟨hal-01621787⟩
- Jérôme Sgard. Courts at work: Bankruptcy statutes, majority rule and private contracting in England (17th–18th century). Journal of Comparative Economics, 2016, 44 (2 (May 2016)), pp.450 - 460. ⟨10.1016/j.jce.2015.12.007⟩. ⟨hal-03417948⟩
- Jérôme Sgard, Eric Brousseau. Checks and balances outside the government: an introduction to the symposium. Journal of Comparative Economics, 2016, 44 (2 (May 2016)), pp.400 - 403. ⟨10.1016/j.jce.2015.12.005⟩. ⟨hal-03414400⟩
- Jérôme Sgard. A tale of three cities: the construction of international commercial arbitration. Jérôme Sgard; Grégoire Mallard; Jérôme Sgard. Contractual Knowledge. One Hundred Years of Legal Experimentation in Global Markets, Cambridge University Press, pp.153 - 184, 2016, 9781107130913. ⟨hal-03394002⟩
- Grégoire Mallard, Jérôme Sgard (Dir.). Contractual Knowledge. Grégoire Mallard; Jérôme Sgard. Cambridge University Press, pp.432, 2016, Cambridge Studies in Law and Society, 9781316442876. ⟨hal-01498695⟩
- Jérôme Sgard. How the IMF did it--sovereign debt restructuring between 1970 and 1989. Capital Markets Law Journal, 2016, 11 (1), pp.103 - 125. ⟨10.1093/cmlj/kmv042⟩. ⟨hal-03627457⟩
- Jérôme Sgard. Economies émergentes : concurrence ou maison commune. Les Dossiers du CERI, 2015. ⟨hal-03568018⟩
- Jérôme Sgard. Global economic governance during the middle ages: The jurisdiction of the champagne fairs. International Review of Law and Economics, 2015, 42 (.), pp.174-184. ⟨10.1016/j.irle.2013.08.001⟩. ⟨hal-01178105⟩
- Claire Lemercier, Jérôme Sgard. Arbitrage privé international et globalisation(s). [Rapport de recherche] 11.11, Mission de Recherche Droit et Justice; CNRS; Sciences Po. 2015. ⟨halshs-01158980⟩
- Jérôme Sgard. Panique sur le marché. Sens-Dessous, 2015, 2015/1 (15), pp.49 - 55. ⟨10.3917/sdes.015.0049⟩. ⟨hal-03399273⟩
- Eric Brousseau, Jérôme Sgard. A symposium on state and market regulation. International Review of Law and Economics, 2015, 42, ⟨10.1016/j.irle.2015.02.005⟩. ⟨hal-01492355⟩
- Jérôme Sgard. Les fragilités des pays émergents. [Rapport de recherche] Centre de recherches internationales. 2014, pp.7. ⟨hal-03585853⟩
- Jérôme Sgard. Money reconstructed: Argentina and Brazil after hyperinflation. Eric Brousseau; Jean-Michel Glachant. The Manufacturing of Markets. Legal, Political and Economic Dynamics, Cambridge University Press, pp.315 - 335, 2014, 9781107284159. ⟨hal-03568515⟩
- Jean Beuve, Eric Brousseau, Jérôme Sgard. Bureaucracy, Collegiality and Public Decision Making: the Case of Eighteenth Century France. 2014. ⟨hal-03460327⟩
