Debt Resolution

Iolanda Fresnillo

Out of service: How public services and human rights are being threatened by the growing debt crisis

Public services play a critical role in advancing human rights and fighting inequality. However, growing levels of external public debt, especially in the global south, threaten the very services on which citizens depend in order to have even a basic standard of living.

Read the report in English, French and Spanish

  • Debt Justice
  • Debt Resolution
Iolanda Fresnillo

Haiti 10 years after the earthquake: the fight for social and economic justice continues

On January 12 2010 an earthquake of magnitude 7.3 on the Richter scale ripped through Port-au-Prince metropolitan area and other parts of Haiti. More than 1.5 million people, representing 15 per cent of the country's population, were directly affected by the earthquake. According to the Haitian government, 316,000 people lost their lives. An estimated US$ 7.8 billion dollars of damage was caused - equivalent to more than 120 per cent of the GDP of 2009. Everyone in Haiti has a story that begins or ends on 12 January and many wounds remain open. Everyone lost someone. Everyone remembers where they were that day.

  • Debt Justice
  • Debt Resolution
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

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
Mark Perera

Podemos resolverlo: Los 10 principios de la sociedad civil para la resolución de la deuda soberana

Ahora existe un amplio consenso en las comunidades financieras y de desarrollo internacionales de que está creciendo una nueva ola de crisis de deuda

  • Debt Justice
  • Debt Resolution
Mark Perera

We can work it out: 10 civil society principles for sovereign debt resolution

There is now widespread consensus within the international finance and development communities that a new wave of debt crises is unfurling. 

  • Debt Justice
  • Debt Resolution
Mark Perera

EU leadership needs to embed human rights into economic policy-making

In a valuable step forward to support human rights compliant economic policy-making, the UN Human Rights Council (HRC) called on 21 March for governments and intergovernmental organisations to make use of new UN guidance when developing economic reforms.

  • Debt Justice
  • Debt Resolution

Debt Cancellation for Somalia: The road to Peace, Poverty Alleviation and Development

As a result of protracted conflict and devastating recurring droughts, Somalia is one of Sub-Saharan Africa’s most troubled and underdeveloped countries.

  • Debt Justice
  • Debt Resolution
Bodo Ellmers

Things to watch in 2019: Debt and emerging debt crises (part 2)

Second in a two-part blog series 

At the start of the New Year, the number of countries at high risk of debt distress is growing at an alarming rate. With so many crises already ongoing, and more expected to emerge over the next 12 months, it’s no surprise that the topic is high on the agenda of international organisations. But perhaps it’s not as high up as it should be in order to head off a looming crisis…

  • Debt Justice
  • Debt Resolution
Bodo Ellmers

Things to watch in 2019: Debt and emerging debt crises (part 1)

First in a two-part blog series 

More than a decade after the last global financial crisis hit, the next wave of defaults is lapping at our shores. Financing conditions will become more difficult in 2019. The world’s major central banks ‘normalised’ their monetary policies last year, meaning that the times of cheap and abundant credit are over. 
  • Debt Justice
  • Debt Resolution