This report surveys the IMF’s impact on post revolutionary Arab states by documenting the history of IMF involvement in the region. It then traces the change in IMF rhetoric and practice before and after 2011 in four Arab countries: Tunisia, Morocco, Jordan, and Egypt.

To date, there are no international institutions that are in a position to resolve debt crises in a fair, orderly and sustainable manner.

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.

This paper draws key conclusions for policy makers based on research and major analyses that have been published in the run up to the United Nations’ third Conference on Financing for Development (FfD), which takes place in Addis Ababa in July 2015.

In September, the United Nations will agree on the sustainable development goals (SDGs), a new set of targets that will shape the international development agenda for the next 15 years. The restructuring of sovereign debt has been identified by the United Nations Open Working Group (OWG) as something the world must get right if it is to successfully implement these goals. Yet crippling national debt crises persist, and no system exists to restructure these debts in a speedy and effective manner.

Vulture funds target crisis countries that are already struggling to finance public services and infrastructure. An initiative in Belgium positions the country as a pioneer in efforts to stop vulture funds.

The Committee for the Abolition of Third World Debt (CADTM) has been working tirelessly since 1990 to demonstrate the relationship between debt and the inability of the world’s economic system to secure even the most basic rights for hundreds of millions of people around the world. 

In a report titled, “Towards justice-centred debt solutions: Lessons from Argentina,” launched by Eurodad's member Debt & Development Coalition Ireland (DDCI), Argentine economist Professor Alan Cibils points to a number of lessons for Ireland and Europe from the Argentinean experience of debt crisis.

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.

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