No Steady State Economy with Global South in Debt Crisis
by Alix Underwood
This week marks the fourth annual International Conference on Financing for Development (FfD4). Leaders of governments, international organizations, and financial institutions meet in Seville, Spain, to “reform financing at all levels.” Global South countries and advocacy groups from across the world hoped this would be the moment for a UN Framework Convention on Sovereign Debt.
According to Didier Jacobs, Oxfam International’s Debt Relief Advocacy Lead,