Third World Debt
-
World Debt Figures 2015
23 February 2016 - by CADTM
The ‘debt system’ involves using public resources to pay creditors instead of meeting the basic rights and needs of people. The relationship between creditors and debtors is strongly biased in favour of the (...) -
Debt bubbles “popping” in emerging economies
19 February 2016 - by Bretton Woods Project
Global economic instability has highlighted the vulnerability of developing countries to renewed economic turbulence and even the potential for new debt crises in developing countries, in particular Sub-Saharan Africa. During the summer of 2015 (...) -
Towards an explanation of the deadlock in third-world development
5 January 2016 - by Eric Toussaint
Karl Marx (Marx, 1867), in Capital Vol. 1, identifies the various sources of primitive accumulation that allowed the European capital to spread globally, specially the colonial plunder, public debt and the international credit system. (...) -
Street Fundraising Stunt
See the reactions when people get more in return than they give to charity! Many developing countries spend more on debt payments than they receive in aid. Please sign SLUG and Changemaker’s petition for a global system to solve debt crises (...) -
World Debt Figures 2015
31 March 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Via internet, CADTM is very pleased to make this book available to a wide public. It has been completely updated and enhanced by the authors. It may be freely copied by other sites and reproduced for non profit uses provided that a link to the (...) -
International Conference Debt, Common Goods and Domination- Resistance and Alternatives towards Well-Being (Buen vivir)
12 March 2015 - by CADTM AYNA
The problems of public debt, dependence and imperialist domination are within the main reasons of impoverishment, inequality and plundering in Latin America and the Caribbean as well as in other regions; especially, when taking into account that (...) -
World Debt Figures 2015 : Introduction
From the South to the North of the planet: a short history of the debt crisis and structural adjustment programmes
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Since the 1980s, public debt, both in the Third World countries and in the industrialised nations, has been systematically used to impose austerity policies in the name of structural adjustment. -
World Debt Figures 2015 : Chapter 1
Inequality in the world
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Inequality is rife in the world, and constantly increasing. The distribution of wealth and income is a major scandal worldwide. In 2013, 0.7% of the world population (32 million individuals) possessed 41% of the world’s (...) -
World Debt Figures 2015 : Chapter 2
Overview of debt in the South: breakdown of external debt in developing countries (DCs)
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
This part provides a general overview of debt trends in Southern countries, highlighting the significant amount of money used to pay off debt, which is in many cases odious, illegal, or illegitimate. -
World Debt Figures 2015 : Chapter 3
Debt in the South
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
In spite of the optimistic declarations by the World Bank and the IMF, debt is still a serious hindrance to human rights and the satisfaction of the basic needs of the populations of the DCs. -
World Debt Figures 2015 : Chapter 4
The World Bank and the IMF
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Multilateral financial organisations are at the core of the ‘debt system’. Since they were established in 1944 (in the framework of the Bretton Woods Agreement), the World Bank and the IMF have used debt as a mechanism to promote the (...) -
World Debt Figures 2015 : Chapter 5
Debt in the North
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Until 2008, countries in the North seemed untouched by debt problems. The crisis has completely changed this situation. Now, in particular Ireland, Greece, Portugal, and Eastern and Central European countries are feeling the devastating effects (...) -
World Debt Figures 2015 : Chapter 6
Overview of debt in the North and in the South
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Between 2007 and 2012 public debt in the countries concerned by this study increased by 67%, mainly in developed countries. As seen above, this sudden increase is related to the economic recession and the cost of bailing out (...) -
World Debt Figures 2015 : Chapter 7
Conclusion: the impact of the ‘debt system’
23 February 2015 - by Eric Toussaint, Daniel Munevar, Pierre Gottiniaux, Antonio Sanabria
Introduction : From the South to the North of the planet: a short history of the debt crisis and structural adjustment programmes Chapter 1 : Inequality in the world Chapter 2 : Overview of debt in the South: breakdown of external debt in (...) -
Household Debt, Microcredit and the Death Trap
29 January 2015 - by Sushovan Dhar
The years preceding the financial crisis was marked by incremental household debt in most of the advanced capitalist countries. William Pesek a columnist with the business media Bloomberg, warned us a few months back that Asia faces the risk of (...) -
Africa: plummeting commodity prices might lead to a new debt crisis
12 January 2015 - by Eric Toussaint
Debt Euphoria In 2014, Rwanda and Ethiopia, two of the world’s poorest countries, sold public debt bonds on the financial markets of the most industrialized countries. While still unstable after civil wars and with debt payments suspended (...) -
$2 lost for every $1 dollar gained: the single fact that shows how the global financial system fails developing countries
22 December 2014 - by Jesse Griffiths
This will make you angry. After six months crunching all the best data from international institutions, here’s what we found: for every dollar developing countries have earned since 2008, they have lost $2.07. In fact, lost resources have (...) -
5th international meeting of CADTM Latin America and the Caribbeans
15 October 2014 - by CADTM
The 5th international meeting CADTM Latin America and the Caribbeans was preceded by a press conference on 8th October 2014 in which the delegates presented the priorities of the movements. The following medias and the journalist were present: (...) -
Initial reflections on the UN decision to establish a multilateral legal framework for the processes of public debt restructuring
1 October 2014 - by Jubilee South-Americas, CADTM AYNA, Lutheran World Federation
Since the imposition of the economic policies of the last dictatorship, the Argentine people have continued to suffer the impacts and consequences of the debt generated in that period and its subsequent restructurings. Amidst repeated crises and (...) -
Kenya
Bunge La Mwananchi - Unganisha Wakenya... Referendum
5 August 2014 - by Unganisha wakenya referendum
UNGE LA MWANANCHI - UNGANISHA WAKENYA... REFERENDUM (a) Today 100,000 civil servants are going to be retrenched, through IMF and World Bank structural adjustments programme of 1990s. (b) Uhuruto promised Unga will be Ksh 60/-. Today it costs (...) -
Africa loses $58 billion to rest of the world every year
16 July 2014 - by Jubilee Debt Campaign
New research published today by 10 UK and African NGOs reveals Africa is losing $192 billion every year to the rest of the world – almost 6 and a half times the amount of ‘aid’ given back to the continent. This research is the first attempt to (...) -
Pakistan
Saudi ’gift’ violates pak law
6 April 2014 - by Abdul Khaliq
Foreign aid is not an odd thing, if there are no strings attached. Pakistan has been receiving tied and untied foreign aid; loans, and grants from various donors ever since its birth. However, the recent massive cash grant of $1.5 billion by the (...) -
Argentina: Default and Beyond What Lessons for Europe?
3 April 2014 - by Alain Cibils
The current debt crises in several European countries warrant a close look at Argentina’s substantial experience with debt crises, default and debt restructuring. Argentina’s December 2001 default is particularly relevant to the current situation (...) -
Proposed EU loan would make Tunisia’s debt problems worse, say CSOs
MEPs to vote on new loan in April. Tunisia is already paying more to its Western creditors than it receives in loans and grants, and almost all of the new loan would be used for debt repayments. Brussels, 28th March 2014 Civil society groups (...) -
First university of CADTM Africa
25 March 2014 - by CADTM Africa
CADTM Africa organized its first university at Hammamet, Tunisia on 22-23 March 2014. After hosting the World Social Forum in 2013, Tunisia welcomed the university of CADTM Africa. Citizens came from all over Africa - Burkina Faso, Togo, Benin, (...)
- ICAN
- Agrarian Distress
- Agriculture and Food Sovereignty
- Alternatives
- Antifascism
- Arbitration
- Audit
- Austerity/Structural Adjustment
- Bank of the South
- Banks
- Belt and Road
- Big Pharma
- BRICS
- Capitalism
- Colonialism
- Commercial agreements
- Corporate Debt
- Corporate Impunity
- Corruption / financial criminality
- Crisis
- Debt campaign
- Debt crisis
- Debt in History
- Debt in Northern countries
- Development
- ECB
- Ecological debt
- Ecology
- External debt
- Feminisms
- Films
- Financial crisis
- G8 / G20
- Health
- Housing
- Illegitimate debt
- ILO
- IMF
- Imperialism
- Inequality
- Inflation
- Initiative for the heavily indebted poor countries (HIPCs)
- International Institutions
- International law
- Microcredit
- Migrations
- Militarism
- Multinational corporation
- Natural Resources
- Neocolonialism
0 | 50
CADTM
COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT
8 rue Jonfosse
4000 - Liège- Belgique
00324 60 97 96 80
info@cadtm.org
Newsletter