Debt Sustainability

Daniel Munevar

Back to the Future: A sovereign debt standstill mechanism - IMF Article VIII, Section 2 (b)

A new Eurodad report has identified an available IMF mechanism to impose debt standstills: Article VIII, Section 2 (b) of the IMF Articles of Agreement. The article in question allows the IMF to impose a debt standstill through the temporary suspension of enforceability of debt contracts in domestic courts of more than 189 IMF member countries, including the US and the UK.

  • Debt Justice
  • Debt Resolution
Mark Perera

Eurodad reacts to UN calls for a global mechanism for sovereign debt restructurings

Today, the UN Secretary General called for a sovereign debt restructuring mechanism to be established as part of the longer term response to the Covid-19 crisis and its economic impacts. The call is accompanied by a new report from UNCTAD - the main UN body dealing with trade, investment and development issues - calling for a global authority to oversee debt restructurings.

  • Debt Justice
  • Debt Sustainability
Daniel Munevar

G20 debt service suspension: A response not fit for purpose (II)

This second part of our two-part blog series provides an assessment of the G20 Debt Service Suspension Initiative announced last week. Part I analyses the impact of the proposal on fiscal responses to Covid-19. Part II places the initiative in the context of the broader economic costs of the crisis for developing countries.

  • Debt Justice
  • Debt Sustainability
Daniel Munevar

G20 debt service suspension: A response not fit for purpose (I)

This blog series of two parts will provide an assessment of the G20 debt service suspension initiative announced last week. Part I analyses the impact of the proposal on fiscal responses to Covid-19. Part II places the initiative in the context of the broader economic costs of the crisis for developing countries. 

  • Debt Justice
  • Debt Sustainability
Daniel Munevar

Financiamiento de emergencia para Economías de Bajos Ingresos

La crisis de Covid-19 tiene el potencial de devastar el sustento y las vidas de los 1.200 millones de personas en 69 Economías de Bajos Ingresos cubiertos por este informe. 

  • Debt Justice
  • Debt Resolution
Daniel Munevar

Moratoria de la deuda para 69 Economías de Bajos Ingresos

Evaluación de costos de una moratoria de la deuda para enfrentar la crisis de Covid-19

  • Debt Justice
  • Debt Resolution
Julia Ravenscroft

Developing country debt must be cancelled to tackle coronavirus crisis

On World Health Day, amid an unprecedented global crisis, more than 100 organisations are calling for developing country debt to be cancelled to fight the Covid-19 health and economic crisis.

  • Debt Justice
  • Debt Resolution
Daniel Munevar

Emergency financing for Low-Income Economies to tackle Covid-19

This briefing is provided to inform development of policy responses to the Covid-19 crisis and in support of calls from wider civil society for debt cancellations for the world’s poorest countries in the face of the current crisis. 

  • Debt Justice
  • Debt Sustainability
Maria Jose Romero

América Latina y la epidemia de Covid-19: una crónica de múltiples crisis (II)

Este es el segundo de una serie de artículos sobre el brote de coronavirus y su impacto en América Latina. En el primer artículo exploramos los factores subyacentes de la emergencia sanitaria, incluyendo las políticas de austeridad y una mayor participación del sector privado a través de las asociaciones público-privadas (APP) en los servicios de salud.

  • Publicly-backed Private Finance
  • Debt Sustainability
Maria Jose Romero

América Latina y la epidemia de Covid-19: una crónica de múltiples crisis (I)

Este es el primero de dos artículos que analizan cómo está afectando a los países de América Latina la epidemia de coronavirus. En este artículo, exploramos la naturaleza de los sistemas de salud de la región, incluida su dimensión de género, las recientes políticas de austeridad implementadas en varios países y los desafíos planteados por la mayor participación del sector privado en la atención sanitaria a través de, por ejemplo, las asociaciones público-privadas (APP).

  • Publicly-backed Private Finance
  • Debt Sustainability