News & Analysis

News and analysis on complex policy issues by experts in their field.

Eurodad

More than 500 civil society organisations call for immediate debt cancellation to help lower-income countries fight Covid-19

Civil society activists from across the world have come together online to sound the #DebtAlarm, calling upon world leaders to act on debt cancellation. 

  • Debt Justice
  • Debt Resolution
Eurodad

Civil Society Organisations’ statement against continued IMF austerity

More than 500 civil society organisations are calling on the International Monetary Fund (IMF) to immediately stop promoting austerity around the world, and instead advocate policies that advance gender justice, reduce inequality, and decisively put people and planet first. 

  • Debt Justice
  • Global Processes
Maria Jose Romero

IMF-World Bank Spring Meetings 2020: a world in crisis looks for leadership

The International Monetary Fund (IMF)-World Bank virtual Spring Meetings took place as global economic turmoil deepened

  • Publicly-backed Private Finance
Mark Perera

Eurodad reaction to the G20 suspension of debt payments

The G20 agreement is significant and will support the immediate Covid-19 response. But the breathing space it provides countries may be short-lived.

  • Debt Justice
  • Debt Resolution
Maria Jose Romero

The Spring meetings 2020: A make or break moment

The world is facing an unprecedented humanitarian crisis triggered by the outbreak of COVID-19. As the Bretton Woods Institutions (BWIs) deliver their virtual Spring Meetings, there are strong calls for an ambitious response.

  • Publicly-backed Private Finance
Bodo Ellmers

Report from the Expert Seminar - Promoting governance innovation in sovereign debt restructurings: What are our options?

This seminar took place in the context of an emerging wave of debt crises across the globe, and an especially acute situation in Argentina, which had already partly defaulted on sovereign debts and announced that action on debt needs to be taken.

  • Debt Justice
  • Debt Resolution
Bodo Ellmers

Making debt work for development: Wrap-up of the 12th UNCTAD Debt Management Conference

The 12th UNCTAD Debt Management Conference titled “Making debt work for development” took place in Geneva this week. At one of the best attended policy conferences ever, several hundred participants – including Eurodad staff, members and partners - discussed topics such as how to tackle the unfolding developing country debt crisis, debt sustainability analyses for a new debt landscape, new debt transparency initiatives, and more effective debt workout mechanisms. Participants agreed that urgent action is needed to address the new wave of debt crises, and called for more political will.

  • Debt Justice
Bodo Ellmers

Civil Society Letter concerning the draft UN Resolution on External Debt Sustainability and Development

Eurodad, along with CSOs from across the world, welcome the draft UN General Assembly Resolution on "External Debt Sustainability and Development."

  • Debt Justice
  • Debt Resolution
Eurodad

Declaration of civil society organisations at the World Bank and IMF Annual Meetings in light of the impacts of austerity policies in Ecuador, Argentina and Haiti

Thirty-five civil society organisations have today signed a declaration rejecting the IMF austerity policies implemented in Ecuador, Argentina and Haiti.

  • Development Finance
Mark Perera

UN Guiding Principles on human rights impact assessments of economic reforms

The UN Independent Expert on foreign debt and human rights will be presenting new Guiding Principles on human rights impact assessments of economic reforms to the 40th session of the UN Human Rights Council (HRC) in February/March 2019.

  • Debt Justice
Gino Brunswijck

2018 IMF and World Bank Spring Meetings: the Bank has more money, but promises little change

The Spring Meetings of the IMF and World Bank took place amid warnings of a ‘borrowed boom’ as an uptick in global growth was matched by global debt levels reaching record highs. 

  • Debt Justice
Bodo Ellmers

IMF and World Bank Spring Meetings: drifting off course as multilateralism faces headwinds.

The 2017 spring meetings of the IMF and World Bank, which also included the second edition of the Global Infrastructure Forum, took place against the uncertainty generated by geopolitical changes such as the election of President Trump in the US and the formalisation of the UK’s exit from the European Union.

  • Development Finance
  • Global Processes
Bodo Ellmers

Vultures in Paris: Bilateral creditors achieve deal with Argentina

Argentina and its bilateral creditors, coordinated by the Paris Club, have reached a deal to settle outstanding loans that were in default since 2001. According to the agreement made on 29 May, Argentina is going to pay US$ 9.7 billion over the next five years.

  • Debt Justice
  • Debt Resolution
Bodo Ellmers

Vulture funds: US court ruling on Argentina enrages debt justice campaigners

The long litigation odyssey between the government of Argentina and holdout creditors continues.

  • Debt Justice
  • Debt Resolution
Bodo Ellmers

IMF acknowledges failure of recent debt restructurings, proposes new reforms

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.

  • Debt Justice
  • Debt Resolution
Eurodad

39 CSOs sign up urging EU to cancel Haiti’s debt

Almost 40 civil society organizations signed a letter calling upon Members of the European Parliament Committee on Development and European Development Ministers to take action with respect to Haiti’s debt.

  • Debt Justice
  • Debt Resolution