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Debt Swap for Education |
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Foreign debt is the counterpart of international loans. Both may be considered as a means whose aim is to foster developing countries. However, these may turn into means of subjection and submission. The capitalist system we live in resorts to loans as an instrument for private and state investment, but the uneven conditions in which said loans are obtained, the financial system's own rules, the alleged corruption of the previous negotiations and the requirements included turn loans into a resort of questionable legitimacy.
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News |
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Workshop about Responsible Financing. Barcelona . Spain
15 / 06 / 2007
The concept of “responsible financing” is being adopted by the main European cooperation networks to foster a new way of providing international assistance, in which the “donors” assume the responsibility for the actions they promote.
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