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Global Economic Justice
 Canceling the crushing debt burden of poor countries
is a matter of justice and compassion.
In today’s world, none of us can prosper for long
unless all of us have the things we need
for lives of sufficiency and dignity. |
Debt relief for the world’s poorest countries is an absolute
necessity. The significant but modest progress made during the has
done little to relieve the suffering of those in the heavily indebted
countries of the Global South.
We support debt relief that is
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faster (creditors stop taking payments
from poor countries immediately);
- deeper (all creditors, including the World Bank
and the IMF, cancel 100 percent of the debts of the world’s
poorest countries);
- broader (countries like Bangladesh, Peru, and
Haiti must made eligible for debt cancellation);
- fairer (debt cancellation initiatives freed from
creditor control).
Canceling poor countries’ debt is essential to righting global
economic relationships, but debt relief alone will not establish the
justice of Jubilee. To ensure Jubilee justice, the entire global
economy must be restructured – and that restructuring must include
profound changes in
- global trade policies and
- our economic relationships with the earth.
For more information on global economic justice issues, check these
links:
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