Committee for the Abolition of Illegitimate Debt

Below are the different themes that were studied, with the written, audio, video and photo, documents concerning these three rich, instructive and agreeable days.

• The public debt in Eastern Europe

Dette publique Hongrie - FR

Debt in C&EE - EN

• How to manage an audit

Metodologia de Auditoria Ciudadana - ES

• States under Troïka : the current situation ?

Estado social presentation - PT

• The toxic loans to public institutions

• What is social debt ?

Deuda social - ES

En finir avec la dette sociale - FR

Annexes - FR

• History of debt abolition
  Les luttes pour l’annulation des dettes aux temps bibliques et dans la Rome antique
  A Canaan, la lutte des peuples contre l’esclavage de la dette s’inscrit parfaitement dans le cadre qu’Éric Toussaint a tracé pour la Mésopotamie. Nous allons y retrouver les mêmes mécanismes d’oppression, les mêmes révoltes, animées cependant par un élément plus spécifique : l’action des prophètes.

• Ecological debt : origins and current affairs

Dette écologique - FR

• A post-extractionist society : let’s discuss it

• Land grabbing and extrativism VS the rights of Nature and food sovereignty

• Rwanda and Haïti : two emblematic cases of illegitimate and/or odious debt

Dette Haiti - FR

• Microcredit : a means of feminine emancipation ?

• Capitalism : a transmition belt for patriarchy

Austerite fer de lance du sexisme - FR

• Vulture funds Vulture funds
  Vulture fund Investment funds who buy, on the secondary markets and at a significant discount, bonds once emitted by countries that are having repayment difficulties, from investors who prefer to cut their losses and take what price they can get in order to unload the risk from their books. The Vulture Funds then pursue the issuing country for the full amount of the debt they have purchased, not hesitating to seek decisions before, usually, British or US courts where the law is favourable to creditors. , ICSID ICSID The International Centre for the Settlement of Investment Disputes (ICSID) is a World Bank arbitration mechanism for resolving disputes that may arise between States and foreign investors. It was established in 1965 when the Washington Convention of that year entered into force.
  
  Contrary to some opinions defending the fact that ICSID mechanism has been widely accepted in the American hemisphere, many States in the region continue to keep their distance: Canada, Cuba, Mexico and Dominican Republic are not party to the Convention. In the case of Mexico, this attitude is rated by specialists as “wise and rebellious”. We must also recall that the following Caribbean States remain outside the ICSID jurisdiction: Antigua and Barbuda, Belize, Dominica (Commonwealth of) and Suriname. In South America, Brazil has not ratified (or even signed) the ICSID convention and the 6^th most powerful world economy seems to show no special interest in doing so.
  
  In the case of Costa Rica, access to ICSID system is extremely interesting: Costa Rica signed the ICSID Convention in September, 1981 but didn’t ratify it until 12 years later, in 1993. We read in a memorandum of GCAB (Global Committee of Argentina Bondholders) that Costa Rica`s decision resulted from direct United States pressure due to the Santa Elena expropriation case, which was decided in 2000 :
  "In the 1990s, following the expropriation of property owned allegedly by an American investor, Costa Rica refused to submit the dispute to ICSID arbitration. The American investor invoked the Helms Amendment and delayed a $ 175 million loan from the Inter-American Development Bank to Costa Rica. Costa Rica consented to the ICSID proceedings, and the American investor ultimately recovered U.S. $ 16 million”.
  
  https://icsid.worldbank.org/apps/ICSIDWEB/Pages/default.aspx ... Disobeying foreign courts !

• Argentina, Ecuador and Iceland : 3 different ways to treat debt : spécificities and limits

Islande - FR

The Argentina Case - EN

• Vive la banqueroute - François Ruffin présente son nouveau livre

• Closing meeting : Dig in our resistance, branch out our struggles!

Bread, Liberty, Social Justice Rev II Social Justice - EN

UniCADTM_Emma_ Aviles - ES