European Network on Debt and Development

…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 … →

…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 … →

…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 … →

…  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 … →

…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 … →

…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 … →

…Eurodad member Erlassjahr has released a new paper on how a Fair and Transparent Debt Workout mechanism could work in the case of Zimbabwe. For the last decade the Zimbabwean government has been in default on most of its debt, currently estimated to … →

…IMF recognition that it has dramatically underestimated the impacts of austerity policies strengthened calls for reform of IMF conditionality, and the World Bank’s jobs report undermined its own Doing Business rankings, but the IMF/World Bank annual meetings ended this weekend … →

…  Eurodad, Afrodad, Latindadd, Jubilee USA, the Third World Network and CIDSE have published a joint statement, which calls for a lasting solution to the sovereign debt crisis and the establishment of a fair and independent international debt workout mechanism. … →

…In a surprise decision today, the UK’s privy council has ruled against vulture fund [1] FG Hemisphere in a case brought against Democratic Republic of Congo’s state mining company for $100 million. The judgement marks the final appeal in a … →