Public debt in African economies has become a subject of critical examination as nations grapple with the challenges and opportunities it presents. This research paper embarks on a comprehensive exploration of the complexities surrounding public debt in Africa, aiming to shed light on its historical roots, legal foundations, theoretical dimensions, creation processes, rights and liabilities, and transparency mechanisms. By addressing these multifaceted aspects, this study seeks to offer valuable insights and policy recommendations for effective debt management and governance
The Legal Foundations of the African Public Debt – AFRODAD
What does it offer for the reform of the international financial architecture?
The UN Pact for the Future | Global Policy Forum
As the European elections loom, legislation addressing the root causes of poverty must move to the top of the agenda.
Fighting poverty: directive on minimum income needed (socialeurope.eu)
The extraction of wealth is a pathology of late capitalism and is defined by the cultural and political processes by which the rich establish themselves as the dominant class. Social theorist and organizer Marjorie Kelly labels this phenomenon “wealth supremacy” which is also the title of her latest book. But as she points out in this exclusive interview for Truthout, wealth supremacy, which has institutionalized greed, defines a system that is not only biased but rigged against the great bulk of the population and thus detrimental to the economy, the citizens and the planet. She argues, in turn, that a movement to build a democratic economy is our only way out.
The Only Solution to “Wealth Supremacy” Is a Democratic Economy | Truthout
Contractionary economic trends since 2008 and ‘geopolitical’ conflicts subverting international cooperation have worsened world conditions, especially in the poorest countries, mainly in Africa, leaving their poor worse off.
Conditions and prospects are so bad that two well-known globalisation cheerleaders have appealed to rich nations for urgent action. Former IMF Deputy Managing Director and World Bank Senior Vice-President, Professor Anne Krueger and influential Financial Times columnist Martin Wolf warn ominously of the dire consequences of inaction.
Article by Jomo Kwame Sundaram
Some thoughts on Ingrid Robeyns’ excellent book: Must we limit the wealth of the wealthiest?
Must We Limit the Wealthy’s Wealth? – Inequality.org
Tesla’s confrontation with Swedish workers highlights how solidarity must be enabled in a globalised Europe.
Time to recognise a fifth EU freedom: solidarity (socialeurope.eu)
We are much closer to seeing the world’s first trillionaire than ending poverty. Why? Because our economic system works for the few richest individuals, often men, who reign over our economy.
Taxing wealth to break billionaire dominance (socialeurope.eu)
A comment of the People’s Health Movement on a recent report of the World Health Organisation
Universal health coverage stalls while financial protection goes backwards (mailchi.mp)