Debt

…Money matters for development. How to make financing more responsible and ultimately a more effective driver of development has been a key concern for the development community in recent years. In 2009, Eurodad released the first Responsible Finance Charter, outlining …

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…Don’t miss the major opportunity for information sharing, analysis and strategy session of the year: the Eurodad biennial conference, which takes place in Prague from 3-5 June! The deadline for registration is Tuesday, 30 April. Co-organised by Eurodad Czech member …

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…As the UN’s high-level panel on the post 2015 development agenda prepares to meet in Bali, it is clear that no worthwhile development goals can be met without fundamental changes in the international financial and economic system. This includes exposing …

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…By Bhumika Muchhala (Third World Network) In what has been called the ‘debt trial of the century’, the protracted court battle between hedge fund NML Capital Ltd and Argentina went before an appeals panel in New York on 27 February. …

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…by Diana Hulova, Myanmar (Burma), one of the world’s poorest countries, has been the subject of a number of debt restructuring and relief packages during the past few months. In January, debt owed to the World Bank and the Asian …

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…by Diana Hulova, The Paris Club and the government of Burma met in Paris last week to agree on a treatment of the country’s outstanding debts to its western creditors. A deal was agreed, which offers a cancellation of half …

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…  Eurodad member the Norwegian Coalition for Debt Cancellation (SLUG) has recently launched the report “Exportable? – How to make the Norwegian debt audit transferable to other countries.” The report takes a quick look at debt audits throughout history, explores weaknesses …

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…By Bodo Ellmers The latest statistics shed light on the new composition of developing countries’ debt. The share of private debt in developing countries’ total external debt is ever increasing and may by now have exceeded the public share. On …

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…by Diana Hulova, As the debt crisis in Europe and the Global South moves into a new year, Eurodad and German member organisation Erlassjahr organised a seminar on global debt management in Berlin. I attended the seminar which brought together …

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…Export credit debts constitute the largest component of the external bilateral debt of developing countries. Last year, Eurodad research revealed that almost 80% of poor countries’ debts to European governments come from export credit guarantees, which are in most cases …

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