Sovereign Debt, Europe & The Global South
-
Overview
-
Background Information11 Topics
-
1. What is debt? What is sovereign debt?
-
2. Is having high levels of sovereign debt always a bad thing?
-
3. What causes a debt crisis?
-
4. The Bretton Woods decades
-
5. The first global sovereign debt crisis
-
6. Sovereign Debt Crisis in the Global North
-
7. The New Debt Crisis
-
8. Resolving debt crises (1): what are the options?
-
9. A: The Neoliberal Approach to Resolving Debt Crises
-
10. Resolving debt crises (2): conditionalities, structural adjustment & economic recovery
-
11. Debt: A Guide to Further Reading
-
1. What is debt? What is sovereign debt?
-
Endnotes
-
References
-
Interactive learningDeepen your knowledge1 Quiz
-
Training materialExercises for group activities4 Topics
Instructions
The following activities use active learning methodologies to introduce the concepts of debt and debt justice to adult learners. The activities can be used in any order, or as standalone activities. For example, the debt diamond (Activity 3) works well as a short standalone activity following a presentation about the history of debt, to introduce a participatory element to the class. However, if a trainer or facilitator has multiple sessions available (4-6 hours in total), the activities are best used in sequence, in the order that they are presented:
- Teaching each other: debt justice in four countries (the jigsaw method)
- Building a timeline of debt crises in the Global North & Global South
- The Debt Diamond
In general terms, as an ice breaker, it is useful to begin by talking about the concept of debt at a personal or household level, and asking learners to discuss in pairs, and then in the larger group, how it makes them feel when they owe money, and who they feel has power when somebody lends them money.
