UK Export Finance (UKEF) is the operating name of the Export Credits Guarantee Department (ECGD) which is the United Kingdom's export credit agency and a ministerial department of His Majesty's Government. It has been awarded the best global export credit agency in 2019. In 1920, UKEF had a maximum total exposure of just £26 million. Today, its maximum commitment stands at £50 billion. Recently, the ECGD celebrated its 100th anniversary as the longest running export credit agency in the world.
The debt of developing countries usually refers to the external debt incurred by governments of developing countries.
Make Poverty History were organizations in a number of countries, which focused on issues relating to 8th Millennium Development Goal such as aid, trade and justice. They generally formed a coalition of aid and development agencies which worked together to raise awareness of global poverty and achieve policy change by governments. The movement has existed in Australia, Canada, Denmark, Finland, New Zealand, Nigeria, Norway, Romania, South Africa, Ireland, the United Arab Emirates, the United States of America, and the United Kingdom. The various national campaigns were part of the international Global Call to Action Against Poverty campaign.
Jubilee 2000 was an international coalition movement in over 40 countries that called for cancellation of third world debt by the year 2000. This movement coincided with the Great Jubilee, the celebration of the year 2000 in the Catholic Church. The campaign has been generally hailed as very successful. As planned, the Jubilee 2000 Coalition dissolved at the end of the millennium year but left a legacy of organisations around the world.
The New Economics Foundation (NEF) is a British think-tank that promotes "social, economic and environmental justice".
Tearfund is an international Christian relief and development agency based in Teddington, UK. It currently works in around 50 countries, with a primary focus on supporting those in poverty and providing disaster relief for disadvantaged communities.
Global Justice Now, formerly known as the World Development Movement (WDM), is a membership organisation based in the United Kingdom which campaigns on issues of global justice and development in the Global South.
The Campaign Against Arms Trade (CAAT) is a UK-based campaigning organisation working towards the abolition of the international arms trade. It was founded in 1974 by a coalition of peace groups. It has been involved in several high-profile campaigns, including a legal challenge against the Serious Fraud Office's decision to suspend a corruption investigation into BAE Systems in 2007. On 27 September 2012, it was honoured with a Right Livelihood Award for its "innovative and effective campaigning".
Eurodad is a network of 53 non-governmental organisations and seven statutory allies from 29 European countries. Eurodad and its members make up a network, this network researches and works on issues that are related to debt, development finance and poverty reduction.
Debt Justice is a UK-based campaigning organisation that exists to end unjust developing countries' debt and the poverty and inequality it perpetuates. The organisation’s activities include campaigning, advocacy, community organising and activism and aims to build collective power with people most affected by debt to demand a fair economy for all.
Global Witness is an international NGO established in 1993 that works to break the links between natural resource exploitation, conflict, poverty, corruption, and human rights abuses worldwide. The organisation has offices in London and Washington, D.C.
The Global Call to Action Against Poverty (GCAP) is a network of over 11,000 civil society organisations (CSOs) organized in about 58 National Coalitions and in constituency groups of women, youth and socially-excluded people, among others. It supports people in their struggles for justice and brings individuals and organisations together to challenge the institutions and processes that perpetuate poverty and inequalities.
Ann Pettifor is a British economist who advises governments and organisations. She has published several books. Her work focuses on the global financial system, sovereign debt restructuring, international finance and sustainable development. Pettifor is best known for correctly predicting the financial crisis of 2007–08. She was one of the leaders of the Jubilee 2000 debt cancellation campaign.
Fern is a Dutch foundation created in 1995. It is an international Non-Governmental Organization (NGO) set up to keep track of the European Union's (EU) involvement in forests and coordinate NGO activities at the European level. Fern works to protect forests and the rights of people who depend on them.
The Great Depression (1929–1939) was an economic shock that affected most countries across the world.
The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, was a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone member states were unable to repay or refinance their government debt or to bail out over-indebted banks under their national supervision without the assistance of third parties like other eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF).
The Halifax Initiative is a coalition of Canadian non-governmental organizations for public interest work and education on international financial institutions. Canadian non-governmental organizations formed the Halifax Initiative in December 1994 to ensure that demands for fundamental reform of the international financial institutions would be high on the agenda of the upcoming June 1995 Group of 7 meeting in Halifax. The Halifax Initiative is a coalition of development, environment, faith-based, human rights and labour groups.
Debt crisis is a situation in which a government loses the ability of paying back its governmental debt. When the expenditures of a government are more than its tax revenues for a prolonged period, the government may enter into a debt crisis. Various forms of governments finance their expenditures primarily by raising money through taxation. When tax revenues are insufficient, the government can make up the difference by issuing debt.
Jubilee USA Network is a nonprofit financial reform organization based in Washington D.C. Jubilee USA's work began in conjunction with the global Jubilee 2000 movement, founded in the late 1990s to advocate for debt relief for developing countries. It is "an alliance of more than 75 U.S. organizations, 650 faith communities and 50 Jubilee global partners."
Eric LeCompte is an American commentator on politics, finance and religion. He serves on a working group with the UN Conference on Trade and Development. He is the current executive director of Jubilee USA Network. Prior to working with Jubilee USA, he served as the event coordinator at School of the Americas Watch.
