This post and future posts here will serve as a forum for students and faculty to connect on projects for Haiti Solidarity Day. Below, I will list the different things that we will need student/faculty driven groups on. If you are interested in a project, leave your name, what you'd like to do for the project, and the best way to contact you. Please comment with what you are interested in and hopefully we can get people to cover all the bases.
1) We need a group of people who are interested in creating posters/fliers and running the advertising for the event. This would include getting the word out on campus in every way possible.
2) I know there are several students already working on a trafficking project or are interested in doing a project on trafficking. Can all of you please get in touch so that you can get on the same page.
3) We need a group of students to create a project on the refugee/displaced persons crisis after the earthquake. If you are interested but don't know where to look/what to look into I will work with you.
4) I will be working on a project on the prospect of debt relief to Haiti. Anyone who would like to join me, I would love to have some help on it.
5) There is going to be a project on clean water run by a group already on campus. John Boss is the person to contact if you are interested in this.
6) Depending on how many people are interested in this topic will depend on how many projects will come out of it. Mar and I would like a group to outline the humanitarian response to the earthquake including Partners in Health, the Red Cross, and the comfort ship. If there are a good amount of people interested in this, we could break the groups into specific organizations.
7) We need a group to create a project on the vital aspects of Haitian culture and to connect the tragedy with the rich culture Haiti has.
This is all we have right now, but we really need people to start giving us an idea of what you want to do. Use this thread as a way to share ideas and connect with others who are interested in the same things.
21 February 2010
The Difficulty of Debt Relief
Aside from the many humanitarian issues that have been ravaging Haiti in the last month, there are many other issues that have been plaguing the small Caribbean nation. Perhaps the most important economic disparity that Haiti suffers is the massive amount of debt they owe to the IMF, World Bank, and other western creditors.
Although debt relief to Haiti was already discussed and passed by the IMF last July, there are many other lingering issues that have yet to be resolved. Before the earthquake, there was no deal brokered between the World Bank and Haiti about the prospect of Haitian debt relief; approximately 27% of Haiti’s external debt is owed to the World Bank.
On February 7 the G7 – the world’s seven richest countries – agreed on a tentative plan that would relieve Haiti of its debt to these nations. This is a gesture that will be of great help to Haiti. On the other hand, it is a short term solution that industrialized nations are using as an excuse to “fix” poorer nations without creating a long term development plan.
In 2005 the IMF went through a process they called the Multilateral Debt Relief Initiative where they cancelled the debt of heavily indebted countries. One of these countries was Nicaragua. Ben Beachy, an independent educator working for Witness for Peace, was working in Nicaragua when these programs were enacted. He noted that, “Just after pledging $201 million of debt relief for Nicaragua, the IMF has also promised to reactivate its stalled economic program with the country, meaning a new IMF loan package of about $100 million.”
This is common neoliberal double speak. They first allow for the cancellation of a debt that was clearly never going to be diminished any time soon, and replaced it with another loan that the country cannot afford. Not only that, but they riddle the loan with stipulations that dictate the social and economic policies of the debtor. These tighter regulations cause impoverished nations to cancel the only social programs they have protecting their people from abject poverty.
In the case of Nicaragua, it lead to an across the board decrease in healthcare. What resulted was a mass humanitarian setback where thousands of sick Nicaraguans could not access public hospitals that they had previously relied on for simple treatments such as infections and broken bones.
With the things that western nations and organizations have pledged to Haiti, upwards of 70% of its debt will be absolved. Although this will allow the Haitian government to focus more on rebuilding its nation, 80% of the Haitian population still lives under the poverty line, 27% live in abject poverty, and the country is posting a negative GDP growth.
After all the cameras leave Haiti, and everyone in the western world feels great for contributing money to such an impoverished nation, they will still be suffering, and they will still be in need. Haiti needs debt relief that does not have predatory stipulations and they need help rebuilding their nation.
-mike
Although debt relief to Haiti was already discussed and passed by the IMF last July, there are many other lingering issues that have yet to be resolved. Before the earthquake, there was no deal brokered between the World Bank and Haiti about the prospect of Haitian debt relief; approximately 27% of Haiti’s external debt is owed to the World Bank.
On February 7 the G7 – the world’s seven richest countries – agreed on a tentative plan that would relieve Haiti of its debt to these nations. This is a gesture that will be of great help to Haiti. On the other hand, it is a short term solution that industrialized nations are using as an excuse to “fix” poorer nations without creating a long term development plan.
In 2005 the IMF went through a process they called the Multilateral Debt Relief Initiative where they cancelled the debt of heavily indebted countries. One of these countries was Nicaragua. Ben Beachy, an independent educator working for Witness for Peace, was working in Nicaragua when these programs were enacted. He noted that, “Just after pledging $201 million of debt relief for Nicaragua, the IMF has also promised to reactivate its stalled economic program with the country, meaning a new IMF loan package of about $100 million.”
This is common neoliberal double speak. They first allow for the cancellation of a debt that was clearly never going to be diminished any time soon, and replaced it with another loan that the country cannot afford. Not only that, but they riddle the loan with stipulations that dictate the social and economic policies of the debtor. These tighter regulations cause impoverished nations to cancel the only social programs they have protecting their people from abject poverty.
In the case of Nicaragua, it lead to an across the board decrease in healthcare. What resulted was a mass humanitarian setback where thousands of sick Nicaraguans could not access public hospitals that they had previously relied on for simple treatments such as infections and broken bones.
With the things that western nations and organizations have pledged to Haiti, upwards of 70% of its debt will be absolved. Although this will allow the Haitian government to focus more on rebuilding its nation, 80% of the Haitian population still lives under the poverty line, 27% live in abject poverty, and the country is posting a negative GDP growth.
After all the cameras leave Haiti, and everyone in the western world feels great for contributing money to such an impoverished nation, they will still be suffering, and they will still be in need. Haiti needs debt relief that does not have predatory stipulations and they need help rebuilding their nation.
-mike
Subscribe to:
Posts (Atom)