An invasion of armies can be resisted, but not an idea whose time has come. Victor Hugo The world is for the public good, such is the Great Way. Confucius Henceforth, our country should be the universe. Flora Tristan Two dangers constantly threaten the world: order and disorder. Paul Valéry *

Theme: Debt

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Articles in English related to this theme:


Environmental Governance and Managing the Earth

Campaign for People’s Goals for Sustainable Development
¤ 28 June 2014
This grassroots and social movements’ campaign recognizes that sustainable development cannot be achieved without addressing the structural causes of inequality, poverty and environmental degradation. read more


Regulating the Public and the Private Economy

Nairobi World Parliamentary Forum Resolution
¤ World Parliamentary Forum ¤ 24 January 2007
The World Parliamentary Forum has taken place regularly from the first time in Porto Alegre, in 2001, in the context of the World Social Forum (WSF). Thousands of delegates from many countries gathered for the Word Parliamentary Forum to affirm that there are alternatives to the neoliberal order, personified by the World Economic Forum in Davos (Switzerland). The parliamentarians affirm the primacy of its collaboration with the social and democratic movements and their struggles and stated (...) read more

The IMF, the World Bank, and Respect of Human Rights
¤ Eric Toussaint ¤ 19 May 2005
Are the World Bank and the International Monetary Fund (IMF) bound to respect the obligations expressed in the United Nations Charter, including the obligation to respect Human Rights? If it is true that as specialized institutions of the UN, they are independent for their operations, they must, however, respect Human Rights and common law in general. As a rule, it goes without saying that no international organization that claims to act as a subject of international law and to have an (...) read more


Trade, Money, and Finances

Alternative Finances
¤ Susan George ¤ January 2007
Now is the time to rediscover John Maynard Keynes’s revolutionary ideas for the organization of international trade and adapt them to re-balance finances in the world’s economies of the twenty-first century. The economist John Maynard Keynes came to the postwar table with an innovative project for the future of world trade, which he called the International Trade Organization (ITO), supported by an international central bank, the International Clearing Union (ICU). The ICU was meant to issue (...) read more

Bank of the South, International Context, and Alternatives
¤ Eric Toussaint ¤ 9 September 2006
The Bank of the South proposes to try to break the dependence of developing countries on international financial markets, channel their own capacity for saving, stop capital flight, channel central resources to priorities for independent social and economic development, change investment priorities, etc. It is designed as a public bank and as an alternative to the Inter American Development Bank and the World Bank. The Bank of the South can grant credits with or without interest, as well (...) read more


The Architecture of World Governance

Setting up an Arbitration Tribunal on Debt: An Alternative Solution?
¤ Hugo Ruiz Díaz ¤ June 2003
This memo is a brief analysis of a few proposals for the institution of an international arbitration tribunal on debt. The idea is to institute an independent international arbitration body that recognizes the respective responsibilities of debtors and creditors. Facing the seriousness of the problem of external debt, this tribunal is intended as a more realistic proposal than the proposals advocating plain and simple cancellation. The proposals aim at an in-depth solution through a (...) read more


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