Welcome to our Website!

erlassjahr.de (Jubilee Germany) is a German non-governmental organziation with around 700 member organizations that support erlassjahr.de's strive for a fair and transparent international insolvency framework.

Right now we ourselves do not offer a full English website, but we do contribute to a website that is hosted by our international campaign "Defuse the Debt Crisis". For more information, please visit www.defusethedebtcrisis.org.


Below you will find some of our publications on Fair and Transparent Arbitration that already have been translated into English.

Further English resources can be found on the following internet sites:

16. April 2012

Defuse the debt crisis in 2012!

The German jubilee initiative erlassjahr.de needs your support! We have started a web-based campaign towards th G8 and G20 summit in May and June 2012. Together with our partner-network from the United States, the "Jubilee USA Network", we call for a constructive dialogue towards a fair and transparent insolvency framework for highly indebted states. Our...

11. April 2012

The concept revisited: Biblical Jubilee and modern state insolvency

The biblical Jubilee has been described in the Old Testament (3 Moses 25). It was meant to periodically relief debt in Israel to re-establish a balanced distribution of capital. It is a revolutionary idea in a time where the gap between those who own capital and those who do not gets wider by the day. In this background paper Adele Webb (Jubilee Australia)...

20. Februar 2012

Towards an international Insolvency Framework

erlassjahr.de and the Friedrich-Ebert-Stiftung Germany present the publication "Resolving Sovereign Debt Crises - Towards a Fair and Transparent International Insolvency Framework". The research paper by Jürgen Kaise explains the necessity of a fair and transparent international Insolvency Framwork for highly indebted countries from Burundi to Greece: a...

12. Juli 2010

The biblical Jubilee and modern state insolvency

The Sabbath and Jubilee Year concepts outlined in Deuteronomy 15 and Leviticus 25 of the Old Testament and referred to by Jesus in his first preaching in Nazareth (Luke 4) turn out to be astonishingly relevant to macroeconomic issues present in late capitalism.These two Old Testament texts limit the rights of creditors to collect legally valid claims from...

24. Februar 2010

Debt Management a la Louis XVI - A Short Promenade Through the Programme and Practice of the Paris Club

1.The Bastille is still standing The demonstrators had a good sense of history. When the French Jubilee 2000 campaign ‘Annullons la dette' first called for a demonstration outside the Paris Club in April 2000, the demonstrators assembled for their march to the French ministry of finance at the Place de la Bastille. In 1789, the storming of what was...

23. Februar 2006

Development in the Face of External Shocks State intervention in a market – or state action for a market?

This paper attempts an analysis of existing instruments against external shocks that are available to developing countries. It aims at the identification of policy options developing countries and the International Community ought to pursue. These include the improvement of existing instruments as well as the establishment of new ones. Special emphasis is...

05. Dezember 2005

Shockingly weak Shock-Facility for the Weak

Analysis of the new IMF-Exogenous Shocks Facility (ESF) On Wednesday, November 23rd, the IMF was to approve the "Exogenous Shocks Facility" (ESF). It will become effective once the G8-debt cancellation, by now called "Multilateral Debt Relief Initiative (MDRI)", is officially implemented. This facility outlined by the IMF provides loans to ...

02. März 2005

How the fox keeps the geese The World Bank and the IMF as experts in debt negotiations

The World Bank and the IMF are not only important creditors to many countries in the South. Beside their role as sources of lending they play another one, which is equally essential for countries, that depend on foreign capital inflows: They act as “independent experts”, when it comes to negotiations after a country has become unable to service...

05. August 2004

100% Debt Cancellation for the Poorest Countries?

Critical Discussion of the Approach, its Implications and Possible Alternatives Einige Entschuldungskampagnen fordern von den Gläubigern eine vollständige Streichungs aller Schulden der ärmsten Länder. Das erlassjahr.de-Arbeitspapier zeigt, dass diese Forderung einige ...

07. Juni 2004

"Alternative Approach for Calculating and Achieving a Sustainable Debt Level of HIPC-Countries"

The BOTOS-Approach proposed in this paper is a direct response to the new operational framework for debt sustainability recently published by the World Bank and IMF. This paper entails alternatives in two areas: First, it proposes an alternative mechanism for calculating a sustainable debt level for countries participating in the Heavily Indebted Poor...

21. April 2004

Heads in the sand: The IMF discusses debt sustainability

On Feb. 2nd IDA and IMF staff submitted to their respective boards a paper entitled „Debt Sustainability in Low-Income Countries – Proposal for an Operational Framework and Policy Implications“ [1]. This paper has been discussed at the IMF board on Feb. 23rd and the results of this discussion has been published in Public Information Notice...

15. März 2004

Odious Debts? International Claims on Iraq

A recent FES study written by Jürgen Kaiser and Antje Queck from erlassjahr.de argues that Iraq is a case for applying the “odious debt doctrine” and calls into question the legitimacy of the claims on Iraq.

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