Trócaire's Policy & Advocacy Work

Trócaire is the official overseas development agency of the Catholic Church in Ireland.
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Trócaire
Maynooth
Co. Kildare
Ireland
Tel: +353 1 6293333
Fax: +353 1 6290061

Trócaire's work on Debt

Many families struggle to pay loans they have inherited

Many families struggle to pay loans they have inherited

Trócaire works on debt as an instrument of development finance but also from a justice perspective. Debt reduction is critical to many very poor countries as it is a drain on scarce resources and hinders economic development.

Moreover, debt is a question of justice because current generations struggle to repay loans contracted with inadequate domestic public oversight over the uses to which these resources were put. Some loans went to corrupt leaders,others went to projects which failed but the loans nonetheless have to be repaid. Debt reduction is a critical element in the achievement of the Millennium Development Goals.

 

Policy documents on Debt

  • Do the Deal
    February 2005
    The G7 must act now to cancel poor country debts.

  • The Other Side of the Coin
    September 2004
    An alternative perspective on the role of the International Monetary Fund in low income countries.

  • PRSP as Theatre
    September 2004
    Backstage policy-making and the future of the PRSP approach.

  • To Lend or to Grant?
    April 2004
    To Lend or to Grant? A critical view of the IMF and World Bank's proposed approach to debt sustainability analysis for low-income countries.

News items on Debt



Policy

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