Transparency of debt information is good for everyone. It gives lenders more certainty about the basis upon which they are lending, it gives borrowers lower interest rates, and it allows citizens to subject lending and borrowing by their governments to more scrutiny, including through holding public debt audits into borrowing and lending decisions.
Jubilee Debt Campaign
Double standards: How the UK promotes rip-off health PPPs abroad’
The Jubilee Debt Campaign has released the report: ‘Double standards: How the UK promotes rip-off health PPPs abroad’ (24 pages, with a 4 page executive summary).
- Publicly-backed Private Finance
- Jubilee Debt Campaign
Honest Accounts 2017 - How the world profits from Africa's wealth
This new report, published by a coalition of UK and African organisations, including Eurodad members Global Justice Now and Jubilee Debt Campaign, makes a series of recommendations as to how the system extracting wealth from Africa could be dismantled.
- Debt Justice
- Jubilee Debt Campaign
- Global Justice Now
The new debt crisis in the Global South
In January 2017 the government of Mozambique defaulted on a bond interest payment. Ghana is already dependent on loans from the IMF and World Bank to pay the high interest on loans from private lenders. Many of these debts are under the jurisdiction of the UK, with over 90% of subSaharan African government bonds owed under English law.
- Debt Justice
- Debt Sustainability
- Jubilee Debt Campaign
The UK’s PPPs Disaster: Lessons on private finance for the rest of the world
The UK was one of the first countries to develop PPPs in the early 1990s, and its PPP programme, known as the Private Finance Initiative (PFI), subsequently expanded across all parts of public spending including healthcare, education and the military.
- Publicly-backed Private Finance
- Jubilee Debt Campaign
The fall and rise of Ghana’s debt: How a new debt trap has been set
Ghana is in a debt crisis. Having had significant amounts of debt cancelled a decade ago, the country is losing around 30% of government revenue in external debt payments each year.
- Debt Justice
- Debt Resolution
- Jubilee Debt Campaign
The new debt trap: how the response to the last global financial crisis has laid the ground for the next
This report investigates the debts owed by countries as a whole – both their governments and the private sector – minus the debts owed to them. It finds that the level of such debts owed between countries has risen from $11.3 trillion in 2011 to $13.8 trillion in 2014, and predicts that in 2015 they will increase further to $14.7 trillion.
- Debt Justice
- Debt Resolution
- Jubilee Debt Campaign
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 on Sunday 25th January.
- Debt Justice
- Illegitimate Debt
- Jubilee Debt Campaign