Topic: Finance and debt
The IMF must immediately stop promoting austerity around the world
News / 7th October 2020More than five hundred of the world’s leading charities, social groups and academics have sent a letter to the International Monetary Fund warning that its support programs are condemning many countries to years of austerity.
Gleneagles 15 years on: The last debt cancellation
Blog / 28th July 2020Last week marked 15 years since the G8 Summit in Gleneagles, Scotland, when leaders of the world’s richest countries agreed debt cancellation for many of the world’s poorest heavily indebted countries.
People in the Global South don’t need debt relief, they need a new system
Article / 7th May 2020Far from being the 'great leveller', COVID-19 has exposed and deepened socio-economic inequalities, writes Meera Karunananthan for openDemocracy.
G20 suspends debt payments for poorest countries
News / 16th April 2020International aid and development organisations stress that suspending debt payments during a major global economic and health emergency may not be enough to fight the crises.
Urgent call to head off new debt crisis in developing world
News / 23rd March 2020Rapid action is needed to head off the risk of a new debt crisis in the world’s poorest countries amid evidence that the Covid-19 pandemic is raising borrowing costs and hitting commodity exports, according to a leading campaign group.
Out of service: How public services and human rights are being threatened by the growing debt crisis
Report / 11th March 2020Public services play a critical role in advancing human rights and fighting inequality. But growing levels of external public debt threaten the very services on which citizens depend in order to have even a basic standard of living, explains a report by Eurodad.
Corrupt elites siphon aid money intended for world’s poorest
News / 21st February 2020A new study has found that as much as a sixth of foreign aid intended for the world's poorest countries has flowed into bank accounts in tax havens owned by elites.
Ballooning debt forces poor countries to cut public spending
Blog / 13th January 2020Poorer countries are cutting public spending in response to a “growing debt crisis”, campaigners have warned.
Less than 10% of EU aid reaches world's poorest countries, study finds
News / 25th November 2019Less than 10% of EU aid money reaches the countries where it is most needed, according to a study that found levels of assistance had dropped for the second year running.
Eine Einführung in das globale wirtschaftliche Teilen
Report / 16th November 2019In einer zunehmend ungleichen und nicht nachhaltigen Welt müssen die Regierungen dringend die restriktiven politischen und wirtschaftlichen Ideologien der Vergangenheit überwinden und Lösungen finden, die den gemeinsamen Bedürfnissen der Menschen in allen Ländern gerecht werden.