Der Online-Workshop findet in englischer Sprache statt.

Invitation of the organizers

What happens when countries spend more on repaying their debts than on essential sectors like education and healthcare?

This alarming reality affects many nations in the Global South, where over 50 countries are currently in a debt crisis. Despite growing global challenges and rising poverty, these countries continue to accumulate debt. But why is this happening? What role do the policies and decisions of industrialized nations play?

In 2022, emerging and developing countries spent a record-breaking $443.5 billion on servicing their external debt — more than twice the amount they allocated for their combined health and education budgets. At the same time, 135 out of 148 countries in the Global South find themselves in critical debt distress. In 2022, emerging and developing countries spent a record-breaking $443.5 billion on servicing their external debt — more than twice the amount they allocated for their combined health and education budgets. At the same time, 135 out of 148 countries in the Global South find themselves in critical debt distress.

With the added burden of economic impacts from the COVID-19 pandemic and global inflation, the situation has only worsened. And yet, they are struggling under a debt load that is becoming impossible to manage. Is it time for a debt cancellation?

We cordially invite you to join us in discussing these urgent questionsand exploring ways to help countries in the Global South break freefrom the cycle of debt and dependency, while advancing toward amore just and sustainable future.

Speakers

Peter Emorinken Donatus, freelance journalist and environmentalactivist (Bündnis Ökozidgesetz)

Daniela Berdeja Ruiz, Bolivian economist and engineer (LATINDADD)

Malina Stutz, Political advisor (erlassjahr.de)

Moderation: Monika Hoegen

Registration

No registration needed. Join here: https://us06web.zoom.us/j/82287865822?pwd=zaFlReZo3I25gME2dziqd6jRwl90V7.1

Meeting-ID: 822 8786 5822 Kenncode: 117348

Contact: Hannah Fischer: hannah.fischer@eine-welt-netz-nrw.de