I have long been sympathetic to the concept of long cycles in capitalist production and accumulation. This is the idea that ...

Economic policies imposed by the IMF in exchange of new loans or the rescheduling of old loans. Structural Adjustments policies were enforced in the early 1980 to qualify countries for new loans or ...

In 1996 the IMF and the World Bank launched an initiative aimed at reducing the debt burden for some 41 heavily indebted poor countries (HIPC), whose total debts amount to about 10% of the Third World ...

International Monetary Fund Along with the World Bank, the IMF was founded on the day the Bretton Woods Agreements were signed. Its first mission was to support the new system of standard exchange ...

According to the doctrine, for a debt to be odious it must meet two conditions: 1) It must have been contracted against the interests of the Nation, or against the interests of the People, or against ...

The members are the private banks that lend to Third World states and companies. During the 70s, deposit banks had become the main source of credit for countries in difficulty. By the end of the ...

Mozambique, a country of 20 million inhabitants, has just suffered the worst floods for 30 years. The government estimates the cost of reconstruction at $250 million. While the industrialized ...

Debt cancellation in the land of Canaan in the first millennium BC 27 December 2024 - by Isabelle Ponet The year 2025 is considered by Christians to be a jubilee year under the banner of debt ...

The year 2025 is considered by Christians to be a jubilee year under the banner of debt cancellation. To mark the occasion, the CADTM is republishing a series of articles on debt cancellation, the ...

CC image : https://www.pexels.com/photo/brown-train-rail-surrounded-of-green-leaf-tree-2403209/ Sri Lanka defaulted on its external debt for the first time in its ...

Demanding Debt, Economic and Climate Justice! 23 October 2024 - by CADTM International, Collective This year marks eighty years of the International Monetary Fund and the World Bank (IMF-WB) jointly ...