African Social Forum on debt


African Social Forum on debt 
 
AFRICAN SOCIAL FORUM DEBT WORKSHOP

Addis Ababa, January 6 & 7, 2003


The debt workshop was held on the afternoon of the 6th of January 
and the morning of the 7th. It was attended by more than 40 people 
on the 6th and more than 60 on the 7th. There was enthusiastic 
participation as well as a high level of consensus on the issues 
discussed. This reflected a renewed feeling of the importance of 
the issues of debt and reparations.

People identified a certain sense in which action around debt and 
reparations had decreased in the last year or two, due to, amongst 
other reasons, a conceptualisation held by some that the Jubilee 
campaign would only run to the year 2000 and a diversion of the 
energies of many involved in debt issues into participation in the 
World Bank and International Monetary Fund Poverty Reduction 
Strategy Papers (PRSPs).

There was agreement that we need to make every effort in putting 
debt and reparations firmly back on the agenda. Central to this is 
the need to build the movement against debt and for reparations 
from the grassroots up. It is only on the basis of the strength of the 
movement on the ground that we will be able to generate the 
pressure to attain our demands.

The workshop adopted a methodology of building on the debt 
workshop held in Bamako, Mali, in 2002 and, as such, this report 
should be read in conjunction with the 2002 report. 

It was structured as follows:
*   An update on the current situation, particularly developments 
    since the Bamako workshop
*   Discussion on our alternatives and consideration of proposals 
    put forward by other debt groups
*   Strategies to implement our alternatives at the national, 
    regional, continental and international levels


*   I. DEBT ANALYSIS.

*   The workshop endorsed the analysis of debt and the call for 
unconditional cancellation and reparations developed in Bamako 
(Mali), last year. 


*   A) The illetimacy of debt:
*   The general consensus is that the external debt of Third World 
countries is odious, illegitimate and immoral. The illegitimacy of 
debt is based on its historical roots and its structural causes. It is 
also based on its use by the World Bank, the International 
Monetary Fund (IMF) and G8 countries as an instrument to 
perpetuate their control and domination of  the economies and 
countries of the South. The debt is a tool they are not prepared to 
relinquish.

*   B) The racist dimension of debt:
*   In addition, several participants spoke to the racist dimension of 
debt. Its impact on the people of Africa and the South more 
generally is of such a devastating nature that every day an 
estimated 19. 000 children die of preventable diseases. This is a 
direct a consequence of the the deterioration of the health systems 
for lack of public investments crowded out by debt service. A 
catastrophe of such proportions would never be tolerated in Europe 
or North America, but the lives of people in Africa and the South 
are clearly considered to be less important than those in the North.

*   C) The Gender dimension of debt:
*   The debt burden has particularly harsh consequences for women. 
Debt repayments and the implementation of conditionalities 
attached to loans have a severe impact on the provision of 
government services so desperately needed by women and their 
households. In addition, structural adjustment programs have 
destroyed the African agricultural sector, with a devastating impact 
on women, who are the majority of African farmers. This has led to 
what many call the "feminization of poverty" in Africa.
*   Women suffer not only from national debt, but also from individual 
and household debt. Microcredit models imposed by financial and 
other institutions from the North have had significant impacts on 
women in the South. They have contributed to the collapse of 
traditional forms of credit, entailed the handing over of personal 
possessions as collateral for credit and resulted in women and their 
households becoming increasingly trapped in a vicious circle of 
indebtedness and poverty.

*   Given the severe impact of the debt on women, it was agreed that 
much more work needs to be done to integrate gender into our 
alternatives and strategies.

*   D) HIPC and PRSPs:
*   The workshop reiterated the decision taken in Bamako to reject the 
Heavily Indebted Poor Countries (HIPC) Initiative and the Poverty 
Reduction Strategy Papers (PRSPs) in that they represent a 
perpetuation of indebtedness and structural adjustment. The HIPC 
Initiative has already failed, despite claims to the contrary by the 
IMF and the World Bank. As for PRSPs, they are the disatrous 
SAPs under a new name.

*   There were two significant additions made with regard to PRSPs. 
First, the promise of some "debt relief" on the completion of PRSPs 
is being used as a further tool of control in that the "debt relief" is 
made contingent on countries agreeing to additional conditions.

*   Secondly, despite the rejection of PRSPs by Jubilee South, the 
African Social Forum and other social movements in the South, 
many Northern donors and NGOs have continued to make funding 
available to organizations in the South on condition that they use 
these funds to participate in PRSPs. The workshop resolved to 
inform Northern donors and NGOs of the decision to reject PRSPs 
and to encourage them to respect this decision. 

*   Moreover, it was stressed that the solutions to the African debt 
crisis are to be developed in Africa and that donors should support 
efforts in this regard.


*   II. ALTERNATIVE SOLUTIONS:

*   The Workshop stressed the fact that the solutions to the African 
debt crisis are in Africa and Northern partners should support this 
view. The workshop stressed that the building of the debt and 
reparations movement from the grassroots up entails an 
intensification of our efforts at circulating information and educating 
people on debt and reparations. It also requires further research 
and the continual development of our analysis. 

*   A) Debt cancellation:
*   The Workshop reiterated the call for debt cancellation without 
conditions imposed by the World Bank, the IMF or G8 countries. 
This call is based on the historical origins of debt and the need to 
address its structural causes. In addition, cancellation is the only 
solution that addresses debt from a human development 
perspective, contrary to failed conventional "solutions", including 
the HIPC Initiative, that tend to focus on narrow economic and 
financial criteria, such as "debt sustaianability".  

*   However, we need to ensure that resources released by any such 
cancellation are used to address people's needs and not misused 
by the governments in our countries.

*   B) Debt repudiation:
*   Given that the G 8 countries, the World Bank and the IMF are not 
going to relinquish debt as an instrument of domination of their own 
accord, the Workshop recommended that we increase our efforts to 
persuade our countries to move toward a collective repudiation 
Africa's debt.

*   This entails taking the necessary steps toward getting the 
governments of our countries to stop debt service payments. 
Repudiation will only be successful if it is done collectively. We 
must therefore develop the momentum toward repudiation across 
the continent and together with our partners in the Global South 
(Latin America, the Caribbean, Asia, etc.) 
*   However, caution was expressed that we should take care that our 
approach to governments to repudiate debt does not get misused 
by undemocratic governments as a means to gain false legitimacy.
*   Reparations:

*   The workshop forcefully reiterated the position expresed in the 
Bamako Declaration that the debt represents a Crime Against 
Humanity and argued that the "creditors" be taken to task for their 
crimes. We must step up our demand for reparations for all the 
past and present damages caused by debt. In addition, we must 
fight for reparations for damage caused by structural adjustment 
policies and megaprojects, such as large dams, mining activity and 
oil extraction. We must also demand reparations for the plundering 
of our natural resources and the destruction of our environment.

*   We need to look at the option of sueing the "creditors" for this 
damage. In this regard, it was agreed to support the court case in 
which Jubilee South Africa and the Khulumani Support Group are 
demanding reparations from Northern banks and corporations for 
their support for the Apartheid regime.

*   C) Repatration of stolen wealth:
*   The Workshop emphasized that the return of wealth stolen from our 
countries by corrupt leaders and stashed in Northern banks is an 
important aspect of f the overall solution to the debt crisis. Another 
recommendation was that we should call on the people of our 
continent who have developed skills and expertise and settled in 
the North to return and avail their skills to the development of our 
continent.

*   D) Debt and neoliberalism:
*   The workshop stressed the importance of locating our approach to 
debt and reparations within a broader challenge to values, policies 
and institutions of the neoliberal paradigm.

*   It was noted that the World Bank, IMF and World Trade 
Organisation (WTO) have adopted a policy of coherence between 
their activities. We should also develop increased coordination in 
our struggles against these institutions. This entails working more 
closely with organizations and networks focusing either on broad 
trade issues or exclusively on the WTO. In our opinion, these three 
institutions, especially the IMF and the WTO, are illegitimate and 
should be abolished. 

*   It was noted that one reason that the governments of our countries 
continue to repay the debt is that they want to be seen as being 
"responsible" and pursuing "sound policies" so as to attract foreign 
direct investment (FDI). We need to enhance awareness of the 
dangers associated with FDI and insist that solutions to Africa's 
indebtedness should not be held hostage by misguided attempts to 
attract FDI.

*   We need to ensure that our information and education activities 
include critiques of the neoliberal paradigm. The Workshop 
recommended supporting campaigns and efforts to introduce taxes 
on wealth,  increase aid flows from the North to the South, with no 
strings attached, renationalize privatized assets and reverse the 
negative terms of trade and financial flows that are crippling the 
African continent. 

*   Another major recommendation is the need to step up our efforts to 
develop an alternative development paradigm to the neoliberal 
global system. In that perspective, the Lagos Plan of Action (1980); 
the African Alternative Framework to Structural Adjustement 
Programs (AAF-SAPs, 1989); the Arusha Declaration (1990) and 
other key documents can be the basis for developing a genuine 
alternative development. These documents must be enriched by 
the works of African researchers and institutions as well as the 
experiences of the African people in their struggles for debt 
cancellation; against the policies imposed by the IMF, the World 
Bank, the WTO and the G 8 countries.   


*   III. STRATEGIES

*   The workshop identified strategies towards implementing our 
alternative solutions to the debt crisis at each of the national, 
regional, continental and international levels.

*   A) National level:
*   Build the movement against debt and for reparations on the 
    ground
*   Engage in a concerted drive to enhance literacy on economic 
    and debt issues
*   Embark on signature campaigns, pamphleteering, debt 
    caravans and related cultural activities
*   Develop alliances with other anti-neoliberal campaigns, 
    organizations and movements
*   Support national campaigns in other countries

*   There was extensive discussion on how we relate to the 
governments in our countries. The workshop characterized the 
governments on the continent as all too often being illiterate on 
debt and related issues and as being "subcontractors" for the G 8, 
the World Bank and the IMF.

*   Various approaches were identified, with each being influenced by 
the nature of each  government:
*   Find ways of working with the governments to influence their 
    policies
*   Educate them on issues of debt, reparations and the neoliberal 
    paradigm
*   Demand information from them on loans and debt
*   Find ways to challenge them, protest and take other 
    appropriate forms of action
*   Change undemocratic and dictatorial leaders and governments

*   B) Regional and continental level:
*   The workshop endorsed the need for coordinated regional and 
continental action. It was agreed that we should work towards 
common action on significant days:
*   the 25th of May - African Liberation Day
*   the 16th of June - Youth/Childrens Day (to commemorate the 
    Soweto Uprising, in 1976)
*   the 16th of December (Zulu Victory over invading Boers, in 
    South Africa)

In addition, each country can choose a specific Day of Action. 
Furthermore, recommendation was made to strengthening existing 
national and sub-regional debt coalitions and set up others in 
countries where they do not exist yet. 


C) International level:
The Workshop recommended that more work be done to popularize 
the findings and verdict of the International Debt Tribunal, held in 
Porto Alegre in 2002, as a means of strengthening the campaigns 
in our countries. It was also agreed that we must share the 
conclusions from this workshop at the World Social Forum in Porto 
Alegre, later this month.

Particular mention was made of strengthening our relationships 
with our counterparts in Latin America given the depth of the debt 
crisis in their countries and the need to work together to implement 
our solutions.

There was also agreement to strengthen interaction with our 
counterparts in the North. Particular mention was made of our 
support for a drive to educate people in the United States on debt 
issues. The drive is initiated by the African Friends Service 
Committee (AFSC), whose representative exposed an action plan 
during the Workshop. 

There was discussion on other proposals regarding solutions to the 
debt crisis, such as an international arbitration mechanism and an 
international debt/development fund. Different points of view were 
expressed on those proposals. The consensus was that these 
issues need further debate before reaching any conclusions.

It was recognized that, in the time available, it was not possible to 
develop a more detailed strategy, and that the commitment 
expressed to put debt and reparations firmly back on the agenda 
requires this to be done. It was agreed that we should look for the 
means to hold a more in-depth continental Strategy  Workshop or, 
if this proves not to be feasible, Strategy Workshops in each of our 
regions.

In conclusion, the Workshop recommendations can be summarized 
as follows:

*   In addition to being illegitimate, odious and immoral, 
    Africa's debt has been paid many times over
*   It is Africa that is owed an immense historical debt as well 
    as a debt for failed IMF/WB projects
*   Debt is used as an instrument of domination and plunder of 
    Africa's resources
*   The only solution to the debt crisis is its cancellation 
    without external conditions
*   The need to mobilize for a collective repudiation of debt
*   The total rejection of the HIPC Initiative, PRSPs and all 
    other IMF/WB policies
*   The need to put the debt issue in the broader context of the 
    neoliberal global system
*   The solutions to Africa's debt and development problems 
    are in Africa and nowhere else
*   The formulation of an alternative development paradigm 
    should rely on some key documents that should be updated 
    and enriched by research and struggles of the past two 
    decades
*   The need to strengthen our solidarity with our partners of 
    the South and our cooperation with Northern partners on 
    the basis of our vision and priorities.



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