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86 relations: African Development Bank, Amortized analysis, Anti-globalization movement, Attachment of earnings, Bankruptcy, Birmingham, Book of Leviticus, Chapter 13, Title 11, United States Code, Chapter 7, Title 11, United States Code, Child support, Christianity, Conditionality, Debasement, Debt, Debt bondage, Debt consolidation, Debt of developing countries, Debt restructuring, Debtors' prison, Developing country, Economic bubble, Emergency Economic Stabilization Act of 2008, Eurodad, Fight Club, Fight Club (novel), Financial crisis of 2007–2008, Forbearance, Fractional-reserve banking, Free silver, Garnishment, Group of Eight, Heavily indebted poor countries, History of Athens, Hittite language, Hurrian language, Inflation, International development, International Monetary Fund, Jubilee (biblical), Jubilee 2000, Jubilee USA Network, Judaism, Konrad Adenauer, Latin American debt crisis, London Agreement on German External Debts, MDRI, Mercy, Mortgage Forgiveness Debt Relief Act of 2007, Moses, Mr. Robot, ..., Muslim, Net worth, Non-governmental organization, Nonrecourse debt, Odious debt, Political interpretations of The Wonderful Wizard of Oz, Poverty reduction, Poverty Reduction Strategy Paper, Privatization, Public utility, Quran, Real estate bubble, Religious text, Reserve requirement, Seisachtheia, Shmita, Slavery, Solon, Sovereign default, Strategic bankruptcy, Strategic default, Structural adjustment, Supplementary Convention on the Abolition of Slavery, Survie, The Merchant of Venice, The Wonderful Wizard of Oz, Trickle-down effect, Underdevelopment, United States, United States housing bubble, Wage, War reparations, William Shakespeare, World Bank, Zuism, 31st G8 summit. Expand index (36 more) »
African Development Bank
The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution.
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Amortized analysis
In computer science, amortized analysis is a method for analyzing a given algorithm's complexity, or how much of a resource, especially time or memory, it takes to execute.
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Anti-globalization movement
The anti-globalization movement, or counter-globalisation movement, is a social movement critical of economic globalization.
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Attachment of earnings
Attachment of earnings is a legal process in civil litigation by which a defendant's wages or other earnings are taken to pay for a debt.
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Bankruptcy
Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors.
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Birmingham
Birmingham is a city and metropolitan borough in the West Midlands, England, with an estimated population of 1,101,360, making it the second most populous city of England and the United Kingdom.
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Book of Leviticus
The Book of Leviticus is the third book of the Torah and of the Old Testament.
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Chapter 13, Title 11, United States Code
Title 11 of the United States Code sets forth the statutes governing the various types of relief for bankruptcy in the United States.
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Chapter 7, Title 11, United States Code
Chapter 7 of the Title 11 of the United States Code (Bankruptcy Code) governs the process of liquidation under the bankruptcy laws of the United States (in contrast, Chapters 11 and 13 govern the process of reorganization of a debtor in bankruptcy).
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Child support
In family law and public policy, child support (or child maintenance) is an ongoing, periodic payment made by a parent for the financial benefit of a child (or parent, caregiver, guardian, or state) following the end of a marriage or other relationship.
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Christianity
ChristianityFrom Ancient Greek Χριστός Khristós (Latinized as Christus), translating Hebrew מָשִׁיחַ, Māšîăḥ, meaning "the anointed one", with the Latin suffixes -ian and -itas.
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Conditionality
In political economy and international relations, conditionality is the use of conditions attached to the provision of benefits such as a loan, debt relief or bilateral aid.
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Debasement
Debasement is the practice of lowering the value of currency.
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Debt
Debt is when something, usually money, is owed by one party, the borrower or debtor, to a second party, the lender or creditor.
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Debt bondage
Debt bondage, also known as debt slavery or bonded labour, is a person's pledge of labour or services as security for the repayment for a debt or other obligation, where there is no hope of actually repaying the debt.
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Debt consolidation
Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.
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Debt of developing countries
The debt of developing countries refers to the external debt incurred by governments of developing countries, generally in quantities beyond the governments' ability to repay.
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Debt restructuring
Debt restructuring is a process that allows a private or public company, or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations.
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Debtors' prison
A debtors' prison is a prison for people who are unable to pay debt.
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Developing country
A developing country (or a low and middle income country (LMIC), less developed country, less economically developed country (LEDC), underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.
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Economic bubble
An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value.
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Emergency Economic Stabilization Act of 2008
The Emergency Economic Stabilization Act of 2008 (Division A of), commonly referred to as a bailout of the U.S. financial system, is a law enacted subsequently to the subprime mortgage crisis authorizing the United States Secretary of the Treasury to spend up to $700 billion to purchase distressed assets, especially mortgage-backed securities, and supply cash directly to banks.
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Eurodad
Eurodad (European Network on Debt and Development) is a network of 49 non-governmental organisations from 19 European countries.
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Fight Club
Fight Club is a 1999 film based on the 1996 novel of the same name by Chuck Palahniuk.
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Fight Club (novel)
Fight Club is a 1996 novel by Chuck Palahniuk.
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Financial crisis of 2007–2008
The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.
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Forbearance
In the context of a mortgage process, forbearance is a special agreement between the lender and the borrower to delay a foreclosure.
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Fractional-reserve banking
Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities.
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Free silver
Free silver was a major economic policy issue in late 19th-century American politics.
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Garnishment
Garnishment is an American legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant.
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Group of Eight
The G8, reformatted as G7 from 2014 due to the suspension of Russia's participation, was an inter-governmental political forum from 1997 until 2014, with the participation of some major industrialized countries in the world, that viewed themselves as democracies.
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Heavily indebted poor countries
The heavily indebted poor countries (HIPC) are a group of 37 developing countries with high levels of poverty and debt overhang which are eligible for special assistance from the International Monetary Fund (IMF) and the World Bank.
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History of Athens
Athens is one of the oldest named cities in the world, having been continuously inhabited for at least 5000 years.
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Hittite language
Hittite (natively " of Neša"), also known as Nesite and Neshite, is an Indo-European-language that was spoken by the Hittites, a people of Bronze Age Anatolia who created an empire, centred on Hattusa.
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Hurrian language
Hurrian is an extinct Hurro-Urartian language spoken by the Hurrians (Khurrites), a people who entered northern Mesopotamia around 2300 BC and had mostly vanished by 1000 BC.
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Inflation
In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.
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International development
International development or global development is a wide concept concerning level of development on an international scale.
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International Monetary Fund
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.
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Jubilee (biblical)
The Jubilee (יובל yōḇel; Yiddish: yoyvl) is the year at the end of seven cycles of shmita (Sabbatical years), and according to Biblical regulations had a special impact on the ownership and management of land in the Land of Israel; there is some debate whether it was the 49th year (the last year of seven sabbatical cycles, referred to as the Sabbath's Sabbath), or whether it was the following (50th) year.
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Jubilee 2000
Jubilee 2000 was an international coalition movement in over 40 countries that called for cancellation of third world debt by the year 2000.
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Jubilee USA Network
Jubilee USA Network is a non-profit 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.
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Judaism
Judaism (originally from Hebrew, Yehudah, "Judah"; via Latin and Greek) is the religion of the Jewish people.
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Konrad Adenauer
Konrad Hermann Joseph Adenauer (5 January 1876 – 19 April 1967) was a German statesman who served as the first Chancellor of the Federal Republic of Germany (West Germany) from 1949 to 1963.
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Latin American debt crisis
The Latin American debt crisis (Crisis de la deuda latinoamericana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as the "lost decade", when Latin American countries reached a point where their foreign debt exceeded their earning power and they were not able to repay it.
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London Agreement on German External Debts
The London Agreement on German External Debts, also known as the London Debt Agreement (German: Londoner Schuldenabkommen), was a debt relief treaty between the Federal Republic of Germany and creditor nations.
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MDRI
Multilateral Debt Relief Initiative (MDRI) was approved on June, 2005, by the finance ministers of the G8 during the 31st G8 Summit, held at Gleneagles, Scotland.
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Mercy
Mercy (Middle English, from Anglo-French merci, from Medieval Latin merced-, merces, from Latin, "price paid, wages", from merc-, merxi "merchandise") is a broad term that refers to benevolence, forgiveness, and kindness in a variety of ethical, religious, social, and legal contexts.
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Mortgage Forgiveness Debt Relief Act of 2007
The Mortgage Forgiveness Debt Relief Act was introduced in the United States Congress on September 25, 2007, and signed into law by President George W. Bush on December 20, 2007.
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Moses
Mosesמֹשֶׁה, Modern Tiberian ISO 259-3; ܡܘܫܐ Mūše; موسى; Mωϋσῆς was a prophet in the Abrahamic religions.
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Mr. Robot
Mr.
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Muslim
A Muslim (مُسلِم) is someone who follows or practices Islam, a monotheistic Abrahamic religion.
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Net worth
Net worth is the value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities.
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Non-governmental organization
Non-governmental organizations, nongovernmental organizations, or nongovernment organizations, commonly referred to as NGOs, are usually non-profit and sometimes international organizations independent of governments and international governmental organizations (though often funded by governments) that are active in humanitarian, educational, health care, public policy, social, human rights, environmental, and other areas to effect changes according to their objectives.
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Nonrecourse debt
Nonrecourse debt or a nonrecourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable.
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Odious debt
In international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic regime should not be enforceable.
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Political interpretations of The Wonderful Wizard of Oz
Political interpretations of The Wonderful Wizard of Oz include treatments of the modern fairy tale (written by L. Frank Baum and first published in 1900) as an allegory or metaphor for the political, economic, and social events of America in the 1890s.
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Poverty reduction
Poverty reduction, or poverty alleviation, is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty.
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Poverty Reduction Strategy Paper
Poverty Reduction Strategy Papers (PRSPs) are documents required by the International Monetary Fund (IMF) and World Bank before a country can be considered for debt relief within the Heavily Indebted Poor Countries (HIPC) initiative.
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Privatization
Privatization (also spelled privatisation) is the purchase of all outstanding shares of a publicly traded company by private investors, or the sale of a state-owned enterprise to private investors.
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Public utility
A public utility (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure).
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Quran
The Quran (القرآن, literally meaning "the recitation"; also romanized Qur'an or Koran) is the central religious text of Islam, which Muslims believe to be a revelation from God (Allah).
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Real estate bubble
A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and typically follow a land boom.
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Religious text
Religious texts (also known as scripture, or scriptures, from the Latin scriptura, meaning "writing") are texts which religious traditions consider to be central to their practice or beliefs.
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Reserve requirement
The reserve requirement (or cash reserve ratio) is a central bank regulation employed by most, but not all, of the world's central banks, that sets the minimum amount of reserves that must be held by a commercial bank.
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Seisachtheia
Seisachtheia (from σείειν seiein, to shake, and ἄχθος achthos, burden, i.e. the relief of burdens) was a set of laws instituted by the Athenian lawmaker Solon (c. 638 BC–558 BC) in order to rectify the widespread serfdom and slavery that had run rampant in Athens by the 6th century BC, by debt relief.
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Shmita
The sabbath year (shmita שמיטה, literally "release") also called the sabbatical year or shǝvi'it (literally "seventh") is the seventh year of the seven-year agricultural cycle mandated by the Torah for the Land of Israel, and still observed in contemporary Judaism.
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Slavery
Slavery is any system in which principles of property law are applied to people, allowing individuals to own, buy and sell other individuals, as a de jure form of property.
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Solon
Solon (Σόλων Sólōn; BC) was an Athenian statesman, lawmaker and poet.
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Sovereign default
A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full.
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Strategic bankruptcy
A strategic bankruptcy may occur when an otherwise solvent company makes use of the bankruptcy laws for some specific business purpose.
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Strategic default
A strategic default is the decision by a borrower to stop making payments (i.e., to default) on a debt, despite having the financial ability to make the payments.
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Structural adjustment
Structural adjustment programmes (SAPs) consist of loans provided by the International Monetary Fund (IMF) and the World Bank (WB) to countries that experienced economic crises.
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Supplementary Convention on the Abolition of Slavery
The Supplementary Convention on the Abolition of Slavery, the full title of which is the Supplementary Convention on the Abolition of Slavery, the Slave Trade, and Institutions and Practices Similar to Slavery, is a 1956 United Nations treaty which builds upon the 1926 Slavery Convention, which is still operative and which proposed to secure the abolition of slavery and of the slave trade, and the Forced Labour Convention of 1930, which banned forced or compulsory labour, by banning debt bondage, serfdom, child marriage, servile marriage, and child servitude.
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Survie
Survie (French for "survival") is a non-governmental organization (NGO) founded in 1984 to fight hunger and corruption in the Third World.
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The Merchant of Venice
The Merchant of Venice is a 16th-century play written by William Shakespeare in which a merchant in Venice must default on a large loan provided by a Jewish moneylender.
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The Wonderful Wizard of Oz
The Wonderful Wizard of Oz is an American children's novel written by author L. Frank Baum and illustrated by W. W. Denslow, originally published by the George M. Hill Company in Chicago on May 17, 1900.
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Trickle-down effect
The trickle-down effect is a model of product adoption in marketing that affects many consumer goods and services.
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Underdevelopment
Underdevelopment, relating to international development, reflects a broad condition or phenomena defined and critiqued by theorists in fields such as economics, development studies, and postcolonial studies.
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United States
The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.
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United States housing bubble
The United States housing bubble was a real estate bubble affecting over half of the U.S. states.
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Wage
A wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.
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War reparations
War reparations are payments made after a war by the vanquished to the victors.
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William Shakespeare
William Shakespeare (26 April 1564 (baptised)—23 April 1616) was an English poet, playwright and actor, widely regarded as both the greatest writer in the English language, and the world's pre-eminent dramatist.
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World Bank
The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.
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Zuism
Zuism or Sumerian-Mesopotamian Neopaganism define a modern Pagan religious movement based on the Sumerian religion (and later Mesopotamian religions which continued it), and calls itself the "oldest religion, foundation of all major religions".
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31st G8 summit
President George W. Bush of the United States, Prime Minister Paul Martin of Canada, President Jacques Chirac of France, Prime Minister Junichiro Koizumi of Japan, Prime Minister Tony Blair of the United Kingdom, Prime Minister Silvio Berlusconi of Italy, President Vladimir Putin of Russia, President José Manuel Barroso of the European Commission, Chancellor Gerhard Schröder of Germany --> The 31st G8 summit was held on July 6–8, 2005 at the Gleneagles Hotel in Auchterarder, Scotland, United Kingdom and hosted by British Prime Minister Tony Blair.
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Arguments against international debt relief, Debt Relief, Debt aid, Debt cancellation, Debt forgiveness, Forgiven debt.
References
[1] https://en.wikipedia.org/wiki/Debt_relief
