International Debt Observatory 3rd residential TRAINING COURSE
Organised by CADTM (Committee for the Abolition of Third World Debt)
“Crisis, Statistics and Poverty”
From Monday 8 December (10 am) to Tuesday 9 December (5.30 pm) 2008
Liege, Belgium
Monday: Theory and Reality on poverty
General introduction
Definitions and measurements of poverty and inequality
Towards alternative indicators of poverty
Case analyses: Benin, Morocco, DRC, Guinea-Conakry
Tuesday: Theory and Practice on the debt
Repercussions of the international crisis on the public debt of countries of the South
How to interpret and use World Bank
World Bank
WB
The World Bank was founded as part of the new international monetary system set up at Bretton Woods in 1944. Its capital is provided by member states’ contributions and loans on the international money markets. It financed public and private projects in Third World and East European countries.
It consists of several closely associated institutions, among which :
1. The International Bank for Reconstruction and Development (IBRD, 189 members in 2017), which provides loans in productive sectors such as farming or energy ;
2. The International Development Association (IDA, 159 members in 1997), which provides less advanced countries with long-term loans (35-40 years) at very low interest (1%) ;
3. The International Finance Corporation (IFC), which provides both loan and equity finance for business ventures in developing countries.
As Third World Debt gets worse, the World Bank (along with the IMF) tends to adopt a macro-economic perspective. For instance, it enforces adjustment policies that are intended to balance heavily indebted countries’ payments. The World Bank advises those countries that have to undergo the IMF’s therapy on such matters as how to reduce budget deficits, round up savings, enduce foreign investors to settle within their borders, or free prices and exchange rates.
charts on the debt
Use of the GDF ( Global Development Finance) CD-ROM
NB : If possible bring a laptop computer
Lecturers: Eric Berr (economist, senior lecturer at the University of Bordeaux 1V, CADTM France), Olivier Bonfond (economist, CADTM Belgium), Stéphanie Jacquemont (LEA, CADTM Belgium), Emilie Tamadaho (CADD Benin), Mimoun Rahmani (ATTAC/CADTM Morocco), Victor Nzuzi ( NAD/CADTM DRC), Claude Quemar (president of CADTM France), Eric Toussaint (politologist, CADTM Belgium) and Daniel Munevar (economist, Colombia)
Visit IDO’s website
See the photos


- Intro OID
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- Analyse de cas : Bénin
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- Analyse de cas : RDC
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- Questions aux pays
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- Eric Toussaint - Crises
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