Debt Justice
Debt Justice | Reports and Briefings
IPES-Food's new Debt Report on Unsustainable Food Systems
The new special report by IPES-Food titled "Breaking the Cycle of Unsustainable Food Systems, Hunger and Debt" is out.
What are green bonds and can Bulgaria issue them successfully?
Green Bonds are a debt financing instrument designed to raise funds and finance new or existing projects that have a...
The growing debt crisis in lower income countries and cuts in public spending
New figures released today by anti-poverty campaigners Debt Justice show that countries in debt crisis are expected to spend less in...
Developing Best Practice Guidelines for Responsible Private Investments Report
Authored by Dilmi Wijesekara on behalf of Debt Justice Norway. Report aimed at developing a best practice for responsible private...
Gendered Austerity in the COVID-19 Era: A Survey of Fiscal Consolidation in Ecuador and Pakistan
Published in 2022 by Third World Network
Financing for Development in the Least Developed Countries. Needs, challenges and the Doha Programme of Action
Published by: Global Policy Forum EuropeAuthor: Bodo Ellmers, GPF
IPCC report: what does it say about debt and climate finance?
Climate justice requires debt justice. Communities and activists have been saying this for years. Decision-makers in the global North have...
Vulnerability as a basis for debt relief. The Multidimensional Vulnerability Index
Erlassjahr's paper, January 2022
UN DESA World Economic Situation and Prospects 2022
The global economic recovery is facing significant headwinds amid new waves of COVID-19 infections, persistent labour market challenges, lingering supply-chain...
The role of the Institute of International Finance (IIF)
The G20 Finance Ministers’ and central bank Governors’ meeting (9-11 July) do not have mounting indebtedness by low- to middle-income...
Detailed list of Zambian creditors published
Dear colleagues, for all those following the Zambia case in the G20 Common Framework: As you all know, a new...
Powerful financial industry lobby group frustrates structural debt relief for poorest countries - SOMO report & tweets
The report by SOMO is available here: https://www.somo.nl/the-iif-debt-relief/
ODG : Publication Green Deals: Where is global justice? (Catalan, Spanish, English)
Publication Green Deals: Where is global justice? (Catalan, Spanish, English)
Taux d’intérêts financiers, désintérêt humain
La pandémie de Covid-19 et la crise économique ont frappé des pays pauvres déjà fragilisés par le poids d’une dette insoutenable....
No relief in sight: French private financial institutions demand debt service repayment despite the Covid crisis
Poor countries have already been weakened by unsustainable debt burden—now they are hard hit by the Covid-19 pandemic and the ensuing economic...
Making sense of Belize's Blue Bond Proposal
Lauded by its proponents as a “ground-breaking” and “innovative approach,” the proposal raises concerns upon closer review and is likely...
Lower income countries spend five times more on debt than dealing with climate change
Jubilee Debt Campaign UK (JDC) released a briefing exposing how lower income countries are spending over five times more on...
Atlas of Vulnerability: Developing Countries and the Pandemic
The COVID-19 pandemic impacts developing countries worse than developed countries. When we look at the big picture, we see that...
No more loans? How Creditors Torpedo Debt Relief Initiatives
Jubilee Germany (Erlassjahr.de) has published a discussion paper on the market-access narrative, available in English and German. The debt relief...
Debt and pandemic in middle-income countries
Report published by Latindadd, October 2021
The IIF & debt relief: How the Institute of International Finance lobbies to prevent private debt relief for developing countries
This report exposes how the Institute of International Finance (IIF) has been given a privileged role by the G20 to...
Another Debt Crisis in the Making?
Debt crises have become more frequent across the world, especially in developing countries. More than 95 countries underwent some 600...
Briefing Paper: Why Emerging Markets Must Remain Wary of Taper Tantrum 2.0
Why Emerging Markets Must Remain Wary of Taper Tantrum 2.0 By Kavaljit Singh | Briefing Paper # 46 | September...
Global Income Inequality, 1820-2020
In this paper, Lucas Chancel and Thomas Piketty mobilize newly available historical series from the World Inequality Database to construct world income distribution...
Fiscal Mythology Unmasked: debunking eight tales about European public debt and fiscal rules
Europe faces serious environmental, economic and social challenges that require a rethink on public intervention. Not free to do as...
Will the G20 let private finance escape debt relief once again?
The G20 Finance Ministers’ and central bank Governors’ meeting (9-11 July) does not have mounting indebtedness by low- to middle-income...
New Special Drawing Rights should tackle Covid, not lead to aid cuts or deepen the debt crisis
In late August the IMF is planning on creating $650 billion of Special Drawing Rights (SDRs) to strengthen global financial...
Securing Private Sector Participation and Creating Policy Space for Sustainable Development
A proposal by Ulrich Volz, Shamshad Akhtar, Kevin P. Gallagher, Stephany Griffith-Jones, Jörg Haas and Moritz Kraemer.
Liquid illusions: Who really benefits from the Liquidity and Sustainability Facility?
During the past year, the United Nations Economic Commission for Africa, in partnership with the US asset management firm PIMCO,...
The new debt crisis and what to do about it
Global debt levels have been surging constantly over the past decade, and the need to fight the COVID-19 crisis with...
Frequent arguments against the participation of multilateral development banks in debt relief
We have all discussed a lot about private sector involvement in the DSSI and the Common Framework, but there is another...
Special Drawing Rights: Saving the global economy and bolstering recovery in pandemic times
A summary of key issues emerging from recent high-level event on SDR recycling mechanisms, funds, and vehicles.
How to get to the bottom of a country's debts?
Debt audits can be a powerful tool to support civil society engagement in citizen assessment of debt impacts but also...
Sleep now in the fire: Sovereign Bonds and the Covid-19 Debt Crisis
Public debt levels have been on the rise over the past decade and this dynamic has been exacerbated further by...
Analysis 102: Climate change, Debt and COVID-19
A new study from Bread for the World and erlassjahr.de, 'Climate change, Debt and COVID-19: Analysing the Triple Crisis with a New Climate Disaster...
Global austerity alert: Looming budget cuts in 2021-25 and alternative pathways
The Global Austerity Alert is published by ITUC, Public Services International, Bretton Woods Project, Third World Network, Arab Watch Coalition...
The trillion dollar question: What difference will the IMF’s new SDRs allocation make to the world’s poorest?
The US$650 billion allocation of SDRs proposed by the IMF will not support the post-Covid economic recovery of the poorest...
A debt pandemic: Dynamics and implications of the debt crisis of 2020
Our latest briefing provides an overview of the dynamics and implications of the 2020 sovereign debt crisis. The prioritisation of...
Eurodad Strategic Plan
Eurodad's Strategic Plan sets ambitious goals to help achieve: tax justice to stem the loss of resources in developing countries; ending debt crises...
The Liquidity and Sustainability Facility for African sovereign bonds: who benefits?
The aim of this paper is to contribute to an informed dialogue on the most appropriate forms of development finance...
Dam debt: Understanding the dynamics of Suriname’s debt crisis
In November 2020, Suriname joined ranks with Zambia, becoming the second country to default on its sovereign debt in the...
Left in the lurch: Debt and Covid-19 in Ecuador, Kenya, Pakistan, the Philippines and Zambia
Available in English, Spanish, Portuguese and French.
The Pandemic Papers: Reviews of Covid-19's impact on debt and development finance
In this compilation of reports and briefings released throughout 2020, we review the impact of the pandemic on debt and...
A tale of two emergencies - the interplay of sovereign debt and climate crises in the global south
Our latest report focuses on the climate emergency and how it has become a wider focus of policy discussions around...
Financing Sustainable Development in the Era of COVID-19 and Beyond. An analysis and assessment of innovative policy options
the Global Policy Forum has realeased a briefing paper on December 4th : Financing Sustainable Development in the Era of COVID-19...
Erlassjahr : Focus Paper 2: China as a Creditor of Countries in the Global South (2020)
The People's Republic of China is currently the most important bilateral lender for numerous countries in the Global South. This has...
Realising women's rights: the role of public debt in Africa
By Gender And Development Network and Jubilee Debt Campaign.
Back to the Future: A sovereign debt standstill mechanism - IMF Article VIII, Section 2 (b)
A new Eurodad report has identified an available IMF mechanism to impose debt standstills: Article VIII, Section 2 (b) of...
Financiamiento de emergencia para Economías de Bajos Ingresos
La crisis de Covid-19 tiene el potencial de devastar el sustento y las vidas de los 1.200 millones de personas...
Care debt: patriarchy and capital on the offensive, feminist economics as a proposal
Published by Debt Observatory in Globalisation (ODG)
IMF lending and austerity post Covid-19
Eurodad has just published a new report on the impact of the crisis in developing countries:Arrested development: International Monetary Fund lending...
Arrested Development: International Monetary Fund lending and austerity post Covid-19
A Eurodad-led review reveals insufficient and inadequate multilateral response to the Covid-19 pandemic on the part of the IMF, locking a...
Repeat Prescription: The impact of the World Bank’s Private Sector Diagnostic Tools on developing countries
The World Bank exerts influence over the development policies of low and middle income countries. It does this through various...
Moratoria de la deuda para 69 Economías de Bajos Ingresos
Evaluación de costos de una moratoria de la deuda para enfrentar la crisis de COVID-19 Este informe proporciona una evaluación...
Emergency financing for Low-Income Economies to tackle Covid-19
This briefing is provided to inform development of policy responses to the Covid-19 crisis and in support of calls from...
A debt moratorium for Low Income Economies
This briefing provides an assessment of the costs and implications of an immediate debt moratorium for 69 countries classified as...
Una nueva crisis de deuda amenaza los derechos de las mujeres
El elevado nivel de endeudamiento y los crecientes pagos de deuda en muchos países del Sur está esquilmando los recursos...
Fuera de servicio: Cómo amenaza a los servicios públicos y los derechos humanos la creciente crisis de la deuda
Los servicios públicos desempeñan un papel fundamental en los avances en materia de derechos humanos y lucha contra la desigualdad....
Resumén: Fuera de servicio: Cómo amenaza a los servicios públicos y los derechos humanos la creciente crisis de la deuda
Los servicios públicos desempeñan un papel fundamental en los avances en materia de derechos humanos y lucha contra la desigualdad....
Briefing: Out of Service: How public services and human rights are being threatened by the growing debt crisis.
Public services play a critical role in advancing human rights and fighting inequality. However, growing levels of external public debt,...
Out of service: How public services and human rights are being threatened by the growing debt crisis
Public services play a critical role in advancing human rights and fighting inequality. However, growing levels of external public debt,...
Erlassjahr Focus Paper 1: Action, not obstruction! (2019)
Read the paper Focus Paper 1: Action, not obstruction! (2019) by Kristina Rehbein
Austerity: The new normal
This new report by Isabel Ortiz and Mathew Cummings is co-sponsored by Initiative for Policy Dialogue, International Confederation of Trade...
Podemos resolverlo: Los 10 principios de la sociedad civil para la resolución de la deuda soberana
Ahora existe un amplio consenso en las comunidades financieras y de desarrollo internacionales de que está creciendo una nueva ola...
We can work it out: 10 civil society principles for sovereign debt resolution
There is now widespread consensus within the international finance and development communities that a new wave of debt crises is...
Spotlight report on sustainability in Europe - Who is paying the bill? (Negative) impacts of EU policies and practices in the world
Studying EU policies thoroughly means studying policies of externalization.
Debt and gender equality: How debt-servicing conditions harm women in Africa
by Dinah Musindarwezo (Womankind Worldwide) and Tim Jones (Jubilee Debt Campaign UK)
Transparency of loans to governments
Transparency of debt information is good for everyone. It gives lenders more certainty about the basis upon which they are...
Transparency of loans to governments
Transparency of debt information is good for everyone. It gives lenders more certainty about the basis upon which they are...
Debt Cancellation for Somalia: The road to Peace, Poverty Alleviation and Development
As a result of protracted conflict and devastating recurring droughts, Somalia is one of Sub-Saharan Africa’s most troubled and underdeveloped countries.
Joint Civil Society Submission to the UNCTAD
The second session of the Intergovernmental Group of Experts on Financing for Development will focus on the action areas of...
Civil Society position on the IMF and World Bank Debt Sustainability Framework Review
Civil Society position on the IMF and World Bank Debt Sustainability Framework Review submitted in June 2016.
Six key points about Greek debt and the forthcoming election
Eurodad member Jubilee Debt Campaign have put together a briefing of six key facts about Greece’s debt ahead of the country's elections...
The State of Finance for Developing Countries 2014
This report provides the most comprehensive review of the quantity of different financing sources available to developing countries, and how...