Debt Justice

Transparency of loans to governments

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. 

  • Debt Justice
  • Jubilee Debt Campaign
Lottie Atkin

International Women's Day 2019 - #EconomicJustice for #GenderJustice

Over the course of the week leading up to International Women's Day 2019 we released a series of graphics featuring the staff of Eurodad and their work areas, with quotes reflecting how Eurodad's work aims to promote gender equality

  • Aid Effectiveness
Eurodad
Mark Perera

UN Guiding Principles on human rights impact assessments of economic reforms

The UN Independent Expert on foreign debt and human rights will be presenting new Guiding Principles on human rights impact assessments of economic reforms to the 40th session of the UN Human Rights Council (HRC) in February/March 2019.

  • Debt Justice
Maria Jose Romero

Opinion: It's time to challenge the status quo in picking the World Bank president

At a time when the legitimacy of the World Bank as a development institution is at stake, countries from around the world are in the process of recruiting the new president of the institution. Any member of the World Bank can put forward a candidate. But since its founding, there has been a gentlemen’s agreement where the United States and its European allies work behind closed doors to ensure a U.S. citizen leads the World Bank, in exchange for the European leadership of the International Monetary Fund.
  • Aid Effectiveness
Bodo Ellmers

Errors and Omissions: A glance at the European Commission’s new Communication on Policy Coherence for Development

The European Commission has released a new Staff Working Document on Policy Coherence for Development (PCD). The Commission’s report covers the first three years of the EU’s attempts to implement the Sustainable Development Goals, an endeavour for which PCD is crucial. The document however unveils that the EU’s PCD framework, as complex as it might already be, continues to have severe omissions – in particular the complete neglect of the EU’s fiscal and monetary policies on sustainable development in and outside the EU. Moreover, while the Communication maps EU policies on taxation and investment, it sells some of those as positive contributions while it neglects the risks and negative impacts that EU policies in these areas have.

  • Aid Effectiveness

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
Tove Ryding

G20 Summit in Buenos Aires: A non-event amidst citizen protests

When the global financial crisis broke, the world looked to the G20 to find solutions. But as G20 leaders recently gathered in Buenos Aires 10 years on for their 2018 Summit, it was all too clear that ‘too big to fail banks’ have grown even bigger while we’re stuck with a vastly expanded shadow banking industry and a very worrying new wave of debt crises. Even though the G20 consider themselves to be the world’s major body for economic policy coordination, they are sleepwalking into the next crisis.

  • Climate Finance