Ethiotime1
Cancellation of Illegitimate Debt: A cornerstone of the weeklong global action on October 11-17
One of the cornerstones of the Week of Global Action against Debt and International Financial Institutions (IFIs) on October 11-17, 2010 is the demand for the immediate cancellation of illegitimate debts across the globe – Africa, Asia, Latin America and the Caribbean, Europe and North America. At least 297 organizations from 60 countries will participate and will strongly raise issues around illegitimate debt cases in the week-long activity.
Among the examples of illegitimate debt relief cases is the Zhong Xing Telecomunication Equipment Corporation-National Broadband Network (ZTE-NBN) deal between the Governments of the Philippines and the Peoples Republic of China.
The USD$ 329 million ZTE-NBN contract would have led to a new case of illegitimate debt. Philippine debt campaigners, legislators, and the protesting public, successfully forced the Arroyo administration to cancel the contract and help the country get out of debt.
News
Ukraine Denied $3.5B by International Monetary Fund
The International Monetary Fund has decided to withhold the latest installment of a $16.8 billion loan to Ukraine until after the presidential election next month
Congo Secures Loan & Enters IMF Debt Relief Program
The debt relief, which will cut the DRC’s overall stock of public and publicly-guaranteed debt, will be reduced to about $4 billion from $13 billion
Journals
A Summary Of The New Partnership For Africa’s Development
K HANYA: A journal for activists No: 1 August 2002 A Summary of the New Partnership For Africa’s Development (NEPAD) By Saliem Patel and Leon Pretorius…
Achieving Long Term Debt Sustainability In All Heavily Indebted Poor Countries
Achieving Long-Term Debt Sustainability in All Heavily Indebted Poor Countries (HIPCs) Bernhard G. Gunter * Discussion Paper prepared for the Intergovernmental…
African Debt And Sustainable Development
1997 AFRICAN DEBT AND SUSTAINABLE DEVELOPMENT: Policies for Partnership with Africa February 1997 Revised, March 1997 Haider A Khan Graduate School of…
Analytical History Of Heavily Indebted Poor Country Debt Sustainability Targets
DISCUSSION PAPERS Department of Economics University of Copenhagen 00-03 Analytical History of Heavily Indebted Poor Country (HIPC) Debt Sustainability…
Assessing Chinas Growing Influence In Africa
Assessing China’s Growing Influence in Africa Bates Gill, Chin-hao Huang & J. Stephen Morrison China’s emergence as a rising global power garners increasingly…
Assessing The HIPC Initiative The Key Policy Debates
HIPC Debt Relief Myths and Reality Edited by Jan Joost Teunissen and Age Akkerman – HIPC Debt Relief…
Challenging Apartheid’s Foreign Debt
Challenging Apartheid’s Foreign Debt Jeff Rubin South Africa’s widely commended Truth & Reconciliation Commission has a blind spot. Surprisingly, no attention…
Changing With The Tide The Shifting Orientations Of Foreign Policies In Sub Saharan Africa
Changing with the Tide: The Shifting Orientations of Foreign Policies in Sub-Saharan Africa JOHN K. AKOKPARI The National University of Lesotho…
China Exlm Bank And Africa New Lending New Challenges
China ExIm Bank and Africa: New Lending, New Challenges Todd Moss and Sarah Rose…
Christian Ethics And The Forgiveness Of Third World Debt
8 FAITH & ECONOMICS ARTICLE 9 CHRISTIAN ETHICS AND THE FORGIVENESS OF THIRD W ORLD D EBT : A SYMPOSIUM STEPHEN L. S. SMITH, CHRISTOPHER B. BARRETT…
Debt Issues In Africa Thinking Beyond The HIPC
Debt Issues in Africa: Thinking beyond the HIPIC Initiative Alemayehu Geda Debt Issues in Africa: Thinking Beyond the HIPC Initiative to Solving Structural…
Debt Reduction Initiatives For The Most Heavily Indebted Poor Countries
Congressional Research Service – The Library of Congress CRS Report for Congress Received through the CRS – Debt Reduction: Initiative…
Debt Relief And The Rule Of Thumb
WIDER CONFERENCE ON DEBT RELIEF HELSINKI, 17-18 AUGUST 2001 DEBT RELIEF AND THE RULE OF THUMB: ANALYTICAL HISTORY OF HIPC DEBT SUSTAINABILITY TARGETS…
Does The HIPC Initiative Achieve Its Goal Of Debt Sustainability
This is a revised version of the paper originally prepared for the UNU/WIDER development conference…
External Debt And Debt Reduction Measures In Uganda
EXTERNAL DEBT AND DEBT REDUCTION MEASURES IN UGANDA by ANDREW MWABA Abstract This paper presents a country case study of Uganda’s external debt burden, its…
External Debt Of Ethiopia An Emperical Analysis Of Debt And Growth
Journal of Business and Public Affairs 29 External Debt of Ethiopia: An Empirical Analysis of Debt and Growth Dr. G. Ramakrishna Associate Professor…
Globalization Debt Relief And Poverty Reduction Concepts And Policies
GLOBALIZATION, DEBT RELIEF AND POVERTY REDUCTION CONCEPTS AND POLICIES* DR SUMIT ROY *This paper is based on the first millennium Lecture/Seminar of the…
Government Debt Management And Bond Markets In Africa
2007 Government Debt Management and Bond Markets in Africa Hans Blommestein and Greg Horman This article presents highlights from…
Info Africa China’s Grab For Influence And Oil
Amid festering concerns about China’s burgeoning global power, Beijing has firmly set its sights on expanding its influence in Africa…
Is Africa A Net Creditor
New estimates of capitol flight…
Policy And Structural Adjustment The African Case
Ishrat Husain…
Protecting Africa Against Shocks
Protecting the Poor: Global Financial Institutions and the Vulnerability of Low-Income Countries Edited by Jan Joost Teunissen and Age Akkerman Low-income …
Prudent Versus Imprudent Lending To Africa
Prudent versus Imprudent Lending to Africa: From Debt Relief to Emerging Lenders by Helmut Reisen and Sokhna Ndoye Research area: Financing Development…
Regional Challenges To Globalisation
Perspectives from Southern Africa…
Resource Extraction And African Underdevelopment
ANALYSIS Resource Extraction and African Underdevelopment* Patrick Bond Introduction: Looting Africa Unequal trade and investment relationships are nothing…
The Debt Crisis Africa And The New Enclosures
The international debt crisis can be specified…
The HIPC Initiative True And False Promises
OECD DEVELOPMENT CENTRE Working Paper No. 166 (Formerly Technical Paper No. 166) THE HIPC INITIATIVE: TRUE AND FALSE PROMISES by Daniel Cohen Research program…
The Impact Of External Debt On Economic Growth And Private Investment In Kenya
of External Debt on Economic Growth and Private Investments in Kenya: An Empirical Assessment By Maureen Were Kenya Institute for Public Policy Research…
The Origins And Implications Of South Africas Continuing Financial Crisis
Alan Hirsch…
Theoretical And Empirical Foundations Of HIPC Debt Sustainability Targets
Theoretical Theoretical and Empirical Foundations Foundations of HIPC Debt Sustainability Targets…
US Empire And South African Subimperialism
US EMPIRE AND SOUTH AFRICAN SUBIMPERIALISM – Patrick Bond – Imperialism, subimperialism and anti-imperialism are all settling into durable patterns and aligning…
Whats Wrong With The HIPC Initiative And Whats Next
Development Policy Review, 2002, 20 (1): 5-24 . Overseas Development Institute, 2002. Published by Blackwell Publishers, Oxford OX4 1JF, UK and 350 Main St…
Whose Aid Whose Influence China Emerging Donors And The Silent Revolution
Whose aid. Whose influence. China, emerging donors and the silent revolution in development assistance International Affairs – 2008…
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