Debt

David Beckmann 7-01-2000
Can one person make a difference?
Martin Wroe 5-01-2000

It might seem odd to describe Hamsatou, a 13-year-old girl in the West African country of Niger, as lucky. A mysterious flesh-eating disease known as "the Grazer" has consumed the left side of her face, leaving a gaping hole at the side of her nose, through which you can see her pink, unprotected tongue. She shields her head in embarrassment in her village, has no prospect of marriage, and rarely walks further than the nearby well. "When I go to the market," she says, "I'm ashamed of myself. I cover my face so people won't stare at me and laugh."

But Hamsatou is lucky because she is alive. One in three children in Niger, the world's poorest country, do not reach 5 years of age. And while the Grazer will kill 120,000 children in the world this year, a $3 mouthwash would have ensured she need never have succumbed to its ravages. Unfortunately the government of Niger does not have $3 to spare. Three quarters of its annual tax revenue is spent on servicing its $1.4 billion international debt.

CUT TO NAIROBI, KENYA, where Anthony Minghella, Oscar-winning director of The English Patient, is working with a team of six local actors on a short film. Minghella is acutely aware that many pictures beamed from developing countries into the homes of richer countries have lost their emotional power. "We have been saturated by images of starving children surrounded by flies, calculated to elicit sympathy. They don't speak to us anymore." But when Minghella—and his friend Richard Curtis, the writer of Four Weddings and A Funeral and Notting Hill—met the British Chancellor Gordon Brown, as part of the Jubilee 2000 campaign to cancel Third World debt, they realized that maybe a film could tackle the underlying structures of poverty—without anaesthetizing the viewer. The result, an hors d'oeuvres to last summer's Hollywood blockbusters in British cinema, opens with an African family scratching a living from selling peanuts and making model planes from coat hangers. At days end, the family members pool their meager earnings. Leaving their house they are transported—by the magic of film—to Waterloo Bridge in London and thence to a suburban street. Here they knock on the doors of strangers, introducing themselves—and giving back to these people the money they owe them.

Judy Coode 5-01-2000

In spring 1995, before the debt crisis was a front-page story, a small group of people representing mainline Protestant churches, peace churches, and Catholic orders and organizations met in Washington, D.C., to brainstorm about creative and effective ways that the U.S. church community could challenge the policies of the international financial institutions. The upstart, ad-hoc group named itself the Religious Working Group on the World Bank & IMF (RWG).

The mandate of the RWG—most of whose members had close contact with people living and working in the "Two Thirds" World—extended across a spectrum of economic justice issues, particularly structural adjustment programs and the debt. However, members soon realized that the crushing debt of the world’s most impoverished countries was a priority and deserved extra attention. They also realized that to continue their work on debt, a strategy needed to be created that would include a broader base than Christian churches. Many members of the RWG were in contact with the coordinators of the Jubilee 2000/UK campaign, and when the British appealed to the folks in the United States to pick up the Jubilee banner, the RWG complied.

At the June 1997 G7 meeting in Denver, when the world’s seven richest countries gathered to discuss the world economic system, RWG members and others concerned about debt cancellation announced the formation of the Jubilee 2000/USA campaign. By December 1997, a campaign platform had been written, additional organizations recruited to join, and the first staff person hired.

On September 29 President Clinton announced that the administration would erase 100 percent of the debt owed to the United States by 30 heavily indebted poor countries.

Laura Dely 11-01-1999
As the rate of HIV-AIDS reaches record highs in Africa, the burden of foreign debt depletes scarce resources for prevention and care
Marie Dennis 9-01-1999
Jubilee 2000 and the debt debate.
Andrew Schleicher 7-01-1999

Following the story of Jesus’ path to Golgotha, 150 people gathered on Good Friday at the U.S. Capitol for the Economic Way of the Cross.

Demonstration at the G8 summit

Marie Dennis 5-01-1998
The worldwide movement for debt relief is rooted in Jubilee.

An interactive CD-ROM brings home the effects of the debt crisis.

Murray MacAdam 1-01-1998
A chance for a new beginning.