Debt

CAFOD welcomes the resolution of the World Bank and IMF to write off outstanding debts owed the world’s poorest countries - but questions remain about the rationale for debt relief and the process by which debt write-offs are determined (October 2005)

The case for 100% multilateral debt cancellation for the poorest countries:
A paper produced by CAFOD, ActionAid and Oxfam Great Britain for the 2004 Annual Meetings of the World Bank and International Monetary Fund(October 2004)

Statement on Poverty Elimination and Debt Remission by the Catholic Bishops' Conference of England and Wales and the Catholic Bishops’ Conference of Scotland, 1999

A digest of where the G7 countries stood on debt in the run-up to the 2000 G8 Summit: Media briefing

Memorandum submitted by CAFOD to the 1999 review of the aims, objectives, role and status of the ECGD

These papers are no longer available online, but copies may be sent out if you email policy@cafod.org.uk requesting the title as listed here

A Human Development Approach to Debt Relief for the World's Poor (Update on Working paper 1998 Northover, Joyner, Woodward, 2001
Following the graduation of 23 countries through the enhanced Heavily Indebted Poor Country (HIPC) Initiative, this background note takes stock of the current framework for debt relief and assesses its success in terms of providing additional resources for poverty reduction

Report on Visit to Argentina, January 2003
by Duncan Green, Public Policy Unit, CAFOD

The New Partnership for Africa's Development
Meeting Both Sides of the Deal
A joint paper by Bond, ActionAid, CAFOD, Oxfam, Save the Children and Christian Aid (March 2002)

Alternative Approach to Debt Cancellation and New Borrowing for Africa
Paper for Expert Group Meeting on External Debt Dakar Senegal November 17-18 2003

Campaing Briefing on Debt
The Debt story so far, CAFOD's view, CAFOD's advocacy work pre-Genoa (May 2001)

Debt and the Millennium Development Goals
A new deal for low-income countries: financing development through debt cancellation and aid. Working paper by CAFOD Christian Aid and Eurodad
Supported by Oxfam GB, Jubilee Research, Jubilee Debt Campaign and CIDSE and Caritas Internationalis

Update on Debt and the G8
April 2003 - Did the G8 drop the debt - Report on achievements and what remains to be done

Debt relief and corruption
November 1999 - Corruption undermines and negates development, poverty reduction and the Common Good. Corruption reduces economic growth or even sends it into reverse

Human Development Approach to Debt Sustainability Analysis for the World's Poor
Flawed analysis at the heart of the HIPC Initiative, HIPC Initiative does not deliver enough resources for development (April 2001)

Joint Submission to the World Bank and IMF Review of HIPC and Debt Sustainability
CAFOD, Christian Aid, Oxfam GB and EURODAD believe that this review must, as agreed at the UN Financing for development Conference in Monterrey in March, include an assessment of the HIPC Initiative's role in helping finance the achievement of the Millennium Development Goals (August 2002)

Human Development Approach to Debt Sustainability Analysis for the World’s Poor
This paper challenges the measures used in the HIPC Initiative to assess the capacity of poor countries to repay their debts
(September 1998)

G7 Countries' Position on Debt
The Heads of Government meeting in Okinawa marks the last chance for the world’s richest creditors to fulfil the Jubilee 2000 campaign aim
(July 2000)

Phase 2 of the Fundamental Review of the HIPC Initiative
Strengthening the link between debt relief and poverty reduction
(September 1999)