Debt Resolution

New paper: European civil society urges UN-negotiated way out of debt crises

  • Call comes as IMF and G20 fail to take action despite worst ever debt crisis in the global south
  • New paper published today calls on world leaders to focus on discussing reforms at UN Financing for Development process 
  • Debt Justice
  • Debt Resolution
Iolanda Fresnillo

Miracle or mirage: are debt swaps really a silver bullet?

This briefing aims to inform the discussions on debt swaps among civil society, academics and policy makers.

  • Debt Justice
  • Debt Resolution

The debt games - Is there a way out of the maze?

Countries in the global south are falling into a vicious cycle of debt and austerity, that only exacerbates the multiple crises. However, a financial system that delivers a fair resolution for the debt crises is possible.

  • Debt Justice
  • Debt Resolution
Eurodad

Open civil society letter on the IMF, WB and G20 Presidency Global Sovereign Debt Roundtable

More than 40 civil society organisations from around the world have signed an open letter to the World Bank, IMF and G20 sharing concerns regarding inclusiveness and transparency in the ongoing discussions to address sovereign debt resolution. The three organisations have convened the Global Sovereign Debt Roundtable, which will meet during next weeks Spring Meetings in Washington, DC. 

  • Debt Justice
  • Debt Resolution
Eurodad

IMF/WB Spring Meetings 2022 - As crises mount, failed and insufficient solutions from the IMF and World Bank must be replaced

Call for decision-making to shift to the UN: “the most democratic global governance space we have.”

  • Development Finance
  • Debt Resolution
Iolanda Fresnillo

G20 buries its head in the sand amidst increasing calls for action on sovereign debt

Last week, G20 Finance Ministers failed to act on calls to enhance the Common Framework. In this article we look at the trends and risks regarding sovereign debt that the G20 seem to be ignoring and we believe will need close attention in the coming months. 

This article was originally published on 16 February and updated on 24 February. 

  • Debt Justice
  • IFIs
Iolanda Fresnillo

Stepping up the Common Framework or reforming the debt architecture, this is the real question

On Thursday, the IMF published a blog on the problems facing the implementation of the G20 Common Framework (CF). This signals a victory for civil society campaigners – but is ultimately too little too late.

  • Debt Justice
  • Debt Resolution
Daniel Munevar

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 to turn into a costly missed opportunity for everyone involved.

  • Debt Justice
  • Debt Resolution
Eurodad

62 CSOs deliver open letter on the Debt Transparency Initiative (DTI) to OECD, G20 and European Commission

62 civil society organisations and global networks across the world have published an open letter expressing their concerns about the design, consultation process and establishment of the ‘inadequate’ OECD Debt Transparency Initiative (DTI).

  • Debt Justice
  • Debt Resolution
Eurodad

World leaders continue to kick the can down the road on debt reform

World leaders failed to seize an opportunity for vital reform of the international debt architecture when they met yesterday (29 March) at the UN.

  • Debt Justice
  • Debt Resolution