The Jubilee South Network JS

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Linked with Lidy Nacpil – Philippines, and with Total and Unconditional DebtCancellation.

The Jubilee South Network is in the process of emerging and developing as an international South movement on debt, focusing on the power of civil society to hold their governments accountable and break the chains of debt domination by Northern governments and institutions. (greenfestivals.org).

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Jubilee South JS is a network of debt campaigns, social movements, people’s organizations, communities, NGOs and political formations. The Jubilee South network aims to develop and strengthen a global South movement on the debt. We have members from over 40 countries from the regions of Latin America and the Caribbean, Africa and Asia/Pacific, representing 85 anti-debt groups.

Jubilee South asserts that we – the peoples of the South – are the real creditors of a massive ecological, moral, social, financial, and historical debt. A debt that accumulated over the last few centuries during the long history of colonization, and that continues to accrue today through the continued plunder and exploitation of our resources, and our people.

On the debt imposed on us by the IMF, the World Bank, other international financial institutions (IFIs) and Northern governments to further their own profit and interests – we reiterate their total and absolute nullity. We call for the repudiation of such unjust and illegitimate debt for undermining popular sovereignty and for holding the people and countries of the South captive to the chains of poverty and ‘underdevelopment’. (full text).

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