Illegitimate debt

…By Bodo Ellmers As the United Nations moves rapidly towards alternative proposals to sovereign debt work-out, it seems that the International Monetary Fund (IMF) does not want to be sidelined on the issue. A ground-breaking new IMF study that has …

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…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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…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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…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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…Diálogo 2000, member of Jubilee South America, has released the statement “The real debt is to the rights of the people of Argentina“ in defense of the rights and sovereignty of the people of Argentina in the face of recent vulture …

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…Eurodad member Jubilee Debt Campaign has published a new report which examines the way that western-backed institutions, such as the World Bank, supported the government of Guatemala as it terrorised its own people in the late 1970s and early 1980s. …

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…Eurodad member SLUG has launched a new report “Ethical Deficit” on the Norwegian Sovereign Wealth Fund’s investments in government bonds. This summer the Norwegian Minister of International Development announced that the Norwegian Government would carry out the first ever creditor …

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…Ed Davey may have misled parliament over Egypt’s dictator debts 5 Nov 2012 – The UK coalition government’s official export credit insurer UK Export Finance has revealed information about the origin of ‘Third World Debts’ owed to the UK for …

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