World Debt Figures 2015
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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 Antonio Sanabria, Daniel Munevar, Eric Toussaint, Pierre Gottiniaux
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 Antonio Sanabria, Daniel Munevar, Eric Toussaint, Pierre Gottiniaux
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 Antonio Sanabria, Daniel Munevar, Eric Toussaint, Pierre Gottiniaux
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 Antonio Sanabria, Daniel Munevar, Eric Toussaint, Pierre Gottiniaux
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 Antonio Sanabria, Daniel Munevar, Eric Toussaint, Pierre Gottiniaux
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 Antonio Sanabria, Daniel Munevar, Eric Toussaint, Pierre Gottiniaux
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 Antonio Sanabria, Daniel Munevar, Eric Toussaint, Pierre Gottiniaux
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 Antonio Sanabria, Daniel Munevar, Eric Toussaint, Pierre Gottiniaux
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 (...)
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