The Problem of Debt and Poverty and a Practical Answer

There is an intimate connection between the presence of absolute poverty which is abundantly visible in many low-income countries and that of unpayable sovereign debt. Debt is not the sole cause nor its removal a sufficient cause for recovery, but it is a great contributory factor of lasting poverty of low-income countries. Removal of the debt burden is a necessary cause of escape from poverty. This book describes the origin and development of the campaign for Jubilee 2000, which has already attracted massive support in this country and has encouraged the formation of autonomous Jubilee 2000 committees in 40 other countries.