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Jubilee USA Network is an alliance of more than 80 religious denominations and faith communities, human rights, environmental, labor, and community groups working for the definitive cancellation of crushing debts to fight poverty and injustice in Asia, Africa, and Latin America … (about /what we believe /Who We Are 1/2).
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About Us /what we believe /who we are 2/2: In the Jubilee Year as quoted in Leviticus, those enslaved because of debts are freed, lands lost because of debt are returned, and community is restored. Today, international debt has become a new form of slavery. Take a detailed look at what we’re doing to restore right relationships and why we do it.
Our Platform: Jubilee calls for a definitive cancellation of international debts and the restoration of right relationships between nations. Our platform specifically calls for:
- Definitive debt cancellation of the international debt owed by countries burdened with high levels of human need and environmental distress which are unable to meet the basic needs of their people or achieve a level of sustainable development that ensures a decent quality of life;
- Definitive debt cancellation, in addition, of debts found to be illegitimate and odious, wherever they exist, through a just and equitable process not controlled by the creditors;
- Definitive debt cancellation that benefits countries’ impoverished majorities, is accountable to them and advances their authentic participation in determining the direction of their economies and societies;
- Definitive debt cancellation that is not externally conditioned on economic policy prescriptions, such as IMF-designed and imposed Structural Adjustment Programs (SAPs);
- Acknowledgment of the responsibility of both lenders and borrowers and action to recover resources that were diverted by corrupt and undemocratic regimes, institutions and individuals;
- The emergence of global economic policies and trade rules that eradicate poverty promote sustainable human development and prevent recurring, destructive cycles of indebtedness.
For a further explanation of each platform, please go to the Jubilee Platform Explanation and Commentary page.