Introducción

Sovereign debt – how it accumulates, how it is managed, and how sovereign debt crises are avoided or tackled – is at the root of many of the global structural injustices and financial crises which have caused and exacerbated economic inequality both within and between countries in the last 50 years, in both the Global North and Global South. 

Meanwhile, debates – academic and political – continue to rage about how much sovereign debt governments should hold, who is responsible for un-repayable debts and for causing debt crises, and what is the appropriate way to respond when governments are unable to repay their debts – i.e. face debt crisis.    

Despite being so fundamental to accurately understanding the roots of social and economic justice and equality, debt remains a knotty concept, whose complexity often puts educators and learners alike off deeper engagement with the issue. This resource aims to address this problem.      

The purpose of this resource is to give educators and facilitators who wish to provide training to adults on the subject of debt justice the tools to do so. It includes the following: