Blog

Expert analysis and insight from Eurodad's policy and advocacy teams.

Polly Meeks

Four Critical Steps to Ensure International Aid Works for the Poorest

By Polly Meeks, Senior Policy and Advocacy Officer at Eurodad, Julie Seghers, Advocacy Advisor at Oxfam and Jiten Yumnam, Secretary General at the Centre for Research and Advocacy Manipur 
  • Aid Effectiveness
  • Aid Quantity
Polly Meeks

Why 2019 is a Make-or-Break Year for International Aid

Don’t just take our word that aid is in danger: former OECD heavyweights agree
  • Aid Effectiveness
  • Aid Quantity

What we have learned from the US indictment on odious loans to Mozambique

***This blog first appeared on the website of Jubilee Debt Campaign***
  • Debt Resolution
Tove Ryding

G20 Summit in Buenos Aires: A non-event amidst citizen protests

When the global financial crisis broke, the world looked to the G20 to find solutions. But as G20 leaders recently gathered in Buenos Aires 10 years on for their 2018 Summit, it was all too clear that ‘too big to fail banks’ have grown even bigger while we’re stuck with a vastly expanded shadow banking industry and a very worrying new wave of debt crises. Even though the G20 consider themselves to be the world’s major body for economic policy coordination, they are sleepwalking into the next crisis.

  • Climate Finance
Polly Meeks

Reporting debt relief as ODA: civil society shut out, bad rules to be locked in?

“There are negotiations being made that are going to answer all of your questions and solve all of your problems. That’s all I can tell you right now.” So goes the line from The Godfather.

  • Aid Effectiveness
Polly Meeks

After new commitments on untying aid, now it’s time for action

This article has been originally published by Public Finance International

There’s nothing like a royal baby to throw off the best-made predictions.

Back in May, as the Organisation for Economic Cooperation and Development’s Development Assistance Committee (DAC) kicked off a new round of negotiations on untying Official Development Assistance (ODA), I blogged that this would still be a burning issue long after interest in the British royal wedding and other events of 2018 had subsided.

 

  • Aid Effectiveness
Olivia Lally

Paradise Lost: EU governments blocking transparency one year after Paradise Papers

On the morning of 5 November 2017, exactly one year ago this week, people around the world woke up to yet another shocking tax scandal. The Paradise Papers – released by the International Consortium of Investigative Journalists – included 13.4 million leaked files from the law firm Appleby and others. The documents revealed the tax dodging strategies of more than 100 multinational corporations, including Nike and Apple, as well as the offshore activities of more than 120 politicians and world leaders.

  • Tax Justice
Gino Brunswijck

Argentina: More lending guarantees creeping austerity

Against a backdrop of public protests, on 25 October the Argentinian government approved the 2019 budget including US$10 billion worth of cuts in essential areas such as education and public works. The next day, the Executive Board of the International Monetary Fund (IMF) completed the first review of a loan agreement paving the way for the disbursement of a tranche of US$5.7 billion to the debt-stricken country. At the same time, the Board gave the green light to increase Argentina’s bailout loan to US$56.3 billion. However, this loan comes with a significant price tag.

Bodo Ellmers

New report by Euro-Latin American Parliamentary Assembly calls for better debt crises resolution

Debt problems continue to burden countries on both sides of the Atlantic. Argentina has just agreed the highest ever International Monetary Fund (IMF) loan and risk premiums for Italian bonds have surged. This is the backdrop for a new report by the Euro-Latin American Parliamentary Assembly (EuroLat – a forum that brings together 150 parliamentarians from the two regions). The report joins growing demands for better institutions to help prevent and resolve debt crises.

  • Debt Justice
Gino Brunswijck

Annual Meetings round-up: As uncertainty reigns in the global economy, there are strong calls for a rethink of Fund and Bank policies

With the country still reeling from the devastation of the Sulawesi tsunami, Indonesia played host to the Annual Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), in Bali last week. The sobriety of the moment was reflected in gloomy forecasts from the IMF, which issued stark warnings of debt and trade risks to global growth. Meanwhile, controversy surrounded the World Bank’s new Human Capital Index; the 2019 World Development Report; and the ‘private finance first’ approach at the core of the Bank’s Maximising Finance for Development. CSOs and academics raised their voices to shine a light on the risks that the policies of the Bretton Woods Institutions (BWIs) posed to human rights and sustainable development across the Global South. Eurodad presented new research on the harmful impacts of Public-Private Partnerships and on IMF loan conditionality, and facilitated dialogue on better creditor coordination to solve debt crises.

  • Publicly-backed Private Finance