Position Paper Debt Jubilee now available

On 29 June 2020 the Finance and the Common Good position paper on the “debt jubilee” was presented to an international audience in an online webinar with prof. Nils Goldschmidt (Universität Siegen), prof. Luigino Bruni (LUMSA, Rome) and Maurice Oostendorp (de Volksbank). The paper was written by a working group led by professor Arjo Klamer and is now available to the public.

From the report: “Debts have been increasing rapidly, even more so after the warning calls of the financial crisis that started in 2008. Since then debt worldwide increased with an additional 80 percent. This debt mountain is looming as a big threat over the world-economy. In addition, it augurs serious troubles for numerous individuals in debt as well as countries that are in debt. (…) Inspired by theological, philosophical and anthropological perspectives, we advocate a re-evaluation of debt and the question of debt.”

You can find a summary of the paper in Dutch here and in English here.

And the complete paper (only in Dutch) here.