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portada del informe "Resultados del endeudamiento con el FMI sobre los cuerpos de las mujeres en Ecuador"

The Impact of IMF measures on women in Ecuador

By Economic Justice, Ecuador

Two years after a global pandemic, the measures of austerity have profoundly exacerbated inequalities. The dominant characteristics of austerity, which include inadequate and failed public services in education, health, social protection; income inequality driven in part by regressive taxes; and a skeletal role of the state built by privatization schemes. All this has led to a systematic erosion of the resilience of public systems, as well as of a social contract that safeguards the redistribution of wealth, resources and public goods towards equity and compliance with human rights.

This paper published by CDES examines the dynamics and implications of gender austerity in Ecuador in the context of its 27-month IMF loan program for USD 6,500 million, started in 2019 and redefined at the beginning of the pandemic in 2020 (IMF 2021). The fiscal consolidation program attached to the loan includes a wide range of measures. For example: extensive cuts in public spending focused on the health sector, relief measures labor deregulation, elimination of fuel subsidies, restrictions on ability of the central bank to finance liquidity problems in the pandemic crisis and privatization of state companies and public services, among many others.

portada del informe "Resultados del endeudamiento con el FMI sobre los cuerpos de las mujeres en Ecuador"

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March 11, 2023
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Documentary: ‘A story told by women: fiscal austerity and indigenous territories’

By Economic Justice, Ecuador

In this documentary produced by Centro de Derechos Económicos y Sociales (CDES), the Women of Plan de Vida Fenashp in Ecuador, the Federation of Indigenous Organizations of Napo (FOIN) and the Union of People Affected by Chevron-Texaco (UDAPT) tell the story of their lives as women in their communities facing fiscal austerity as a consequence of high debt service payments.

Watch the documentary

November 10, 2022
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Diamond TV Zambia: “Debt and repercussions on the marginalised”

By Economic Justice, Zambia

The TV programme “Debt and repercussions on the marginalised” was broadcast on 23 June 2022 on Diamond TV Zambia. Panellists included Chama Mundia from JCTR and Mendai Imasiku from the Non-Governmental Gender Coordinating Council.

Watch the replay featuring JCTR

This programme was replicated as a radio show on 5FM Radio Zambia on 23 June 2022. Panellists included Chama Mundia from JCTR and
Claudia Pollen from the Consumer Unit Trust Society. You can listen here to the radio programme.

June 30, 2022
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“When it rains, it pours”: Latin America and the Caribbean facing the consequences of pandemic and war

By Economic Justice, FfD processes

This document was prepared by LATINDADD with the contribution of its member organisation the Center for Economic and Social Rights – CDES.

The objective of this document is to present recommendations based on the studies carried out by these organisations on the context of the region, the analysis of development processes and recommendations in this regard.

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April 23, 2022
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Debt management: Fiscal rules, rights and human development in Peru

By Debt Justice, Economic Justice, Peru

Since the early 1990s, the western world and Latin America have been implementing policies that minimize the role of the State in the economy. These policies are fiscal rules that condition the actions of the State in economic policy through rigid legal frameworks. Certainly, in the long term they have been successful in managing debt since their inception. However, these policies have not been the recipe for a broad guarantee of rights and better human development.

“Debt management in Peru: fiscal rules, rights and human rights”, is a new investigation from the Latin American Network for Economic and Social Justice (LATINDADD), produced by Jameson Alejandro Mencías, which seeks to open the door to a different understanding of macroeconomic, fiscal and debt sustainability, focusing on guaranteeing people’s rights.

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March 1, 2022
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Infographic: Ghana and the debt crisis

By Ghana

Ghana passed quickly from being the poster child economy for West Africa to being one step away from losing its access to international capital markets.

Click here to see an infographic highlighting why urgent international support and a multilateral, inclusive debt workout mechanism is needed to help the country address its debt burden.

The infographic was published by the European Network on Debt and Development.

February 26, 2022
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Illicit financial flows in Peru and their impact on the guarantee of human rights

By Economic Justice, Tax Justice

In a time of multiple crises, it’s urgent that States take measures to recuperate the resources that leak through illicit financial flows (IFF).

This document attempts to estimate the revenue lost through the main source of IFF in Peru, false commercial invoicing, and analysing the way in which the States’s capacity to response to the pandemic and guarantee human rights has been adversely impacted.

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February 1, 2022
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