CS FfD Mechanism Thematic Brief: Debt
This briefing on Debt is part of a broader toolkit introducing the FfD process and the Civil
Society FfD Mechanism’s role in it, being built as our contribution in making the FfD process and its interrelated domains easier to navigate and more accessible for a non-technical audience.
Understanding the underlying causes of the debt problem is key to developing and advancing just solutions. In this briefing we look at how the massive debt burdens of global South countries stemmed from a flawed and inequitable international financial system that continues to hold sway today. We make the case that global economic governance in a democratic multilateral setting where borrowers and lenders have an equal voice, has the potential to reduce inequalities within and between countries and transform our global economic systems.
You can download here the briefs in English, French and Spanish:
This document was developed based on collective work by the Civil Society FfD (Financing for Development) Group. It is an introductory briefing of the FfD process and of the Civil Society FfD Group’s role in it being built as an attempt to make navigating the FfD process and its interrelated domains more accessible for a non-technical audience.