The actions of so-called vulture funds – or speculative investors in the debt of distressed companies or sovereign states – have grabbed international media headlines. What can be done to tackle the problem in the long-term?
Report: Eurodad Charter on Responsible Financing
This document outlines the essential components of a responsible loan process and recommends that lenders and borrowers sign up to the standards advocated in the Eurodad Charter.
Blog: Calling in Ecuador’s debt
Ecuador launches historic debt audit commission. What will the initiative uncover?
Report: Multilateral debt: one step forward, how many back?
This paper analyses and provides an update on latest developments associated with the HIPC Initiative and the Multilateral Debt Relief Initiative.
Report: G8 Debt Deal One Year On: What Happened and What Next?
What did the G8 promise on debt cancellation? Do campaigners feel this deal really went far enough? Did the deal cover 100% of countries and 100% of debts?
Report: Arrears Clearance: Loan Laundering and Creditor Co-Responsibility
This paper explores how the international community currently deals with arrears clearance operations. It finds that current approaches to the arrears problem only serve to support the skewed and highly conditional (re)engagement of countries with the international community.
Report: Justice for Latin America on IDB Debts
This paper analyses debt cancellation numbers for the four Latin American countries considered heavily indebted. It finds the amount written down will be 30% on average, meaning that there are several important gaps in official debt relief plans. It calls for Inter-American Development Bank debt to also be cancelled.
Report: Devilish Details: Implications of the G7 Debt Deal
Does the G7 debt deal represent the "historic breakthrough" Finance Ministers claim?