Intended by the IMF as a means to redistribute rich countries’ unused Special Drawing Rights (SDRs), the current design of the Resilience and Sustainability Trust indicates that it is far from a magic bullet. Instead, it may reproduce the inequalities of the current system and award the IMF additional powers outside of its mandate.
The European Network on Debt and Development is a civil society network advocating for democratically-controlled, gender-just and human rights-based financial and economic systems.
Eurodad is a network of 60 civil society organisations from 29 European countries working for transformative yet specific changes to global and European policies, institutions, rules and structures to ensure a democratically controlled, environmentally sustainable financial and economic system that works to eradicate poverty and ensure human rights for all.
Eurodad seeks to promote fundamental reforms to how debt crises are prevented and resolved, and put the rights of people ahead of debt service.
Eurodad advocates for greater transparency and enhanced coordination of taxation systems worldwide.
Eurodad works to maximise the potential of development and climate finance as a catalyst for much needed economic, social and ecological transformation.
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Eurodad's deep and detailed understanding of its key work areas has helped it build a strong reputation as a body for current and accurate analysis of complex policy issues.