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    A Fresh Start For Iraq: The case for debt relief

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    bp48-fresh-start-iraq-debt-010 ...
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    Description:
    English paper
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    Publication date
    2003-05-01
    Subject
    Conflict and disasters
    Economics
    Keywords
    Conflict
    Debt
    Disasters
    Country
    Iraq
    
    Metadata
    Show full item record
    Publisher(s)
    Oxfam International
    Document type
    Briefing paper
    Description
    The reconstruction of Iraq is one of the most urgent challenges facing the international community. Over the past two decades the country has been devastated by successive wars and since 1990 sanctions. Ordinary Iraqis have suffered gross violations of human rights, along with one of the most dramatic deteriorations in living standards ever recorded. Now unsustainable debt threatens to undermine reconstruction efforts. This briefing paper argues that the country's debt is unpayable, but also that that there are wider moral and legal grounds for reducing Iraq's debt burden. It sets out a case for treating Iraq's debt as odious and illegitimate - and it explains why ordinary Iraqis should not pay for a debt accumulated by a tyrannical regime, borrowing from irresponsible creditors.
    Pages
    28
    ISBN
    978-1-84814-175-9
    URI
    http://hdl.handle.net/10546/114085
    Additional Links
    https://policy-practice.oxfam.org.uk/publications/a-fresh-start-for-iraq-the-case-for-debt-relief-114085
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