Debt sustainability

…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 …

Read more

…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 …

Read more

…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 …

Read more

…A first reading of the press statements and overview paper from the IMF’s review of conditionality, completed in September 2012 might give the impression that the IMF has made a 180 degree turn in its conditionality policy, one of the …

Read more

…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 …

Read more

…By Jesse Griffiths, Oygunn Brynildsen, Alex Marriage and Jeroen Kwakkenbos  On 7 July, the European Commission released the latest in its annual series of “Accountability Reports” on financing for development (until 2010 called the “Monterrey Survey”), and issued a Communication …

Read more

…By Carlos Villota, As Europe broke for Easter, debt activists gathered in Brussels and formed the International Citizens Audit Network. The network brings together European and North African CSOs that use debt audits as a tool for demanding information about …

Read more

…By Carlos Villota, 05-04-2012 Two years after the Greek debt crisis first appeared in headlines across the globe, policy makers in Europe are still failing to deal soundly with the crisis. Inspired by the Jubilee movement that has long fought …

Read more

… By Nick Dearden  21 February 2012 Europe must urgently learn the lessons of the developing world’s Structural Adjustment disaster Eurozone finance ministers who sat in Brussels and decided Greece’s future last night should have attended yesterday’s well-timed University of London …

Read more

…Jubilee USA  just published ’’The Responsible Lending and Borrowing Imperative Addressing the Root Causes of Poverty’’. The report analyses the causes of the international debt crises and synthesises concrete proposals for how governments can implement responsible lending and borrowing standards. …

Read more