Assess some of the ways in which Third World Debt might be reduced.

Evaluate several ways you can reduce the debt of the third world. Despite massive amounts of statistics and indicators, global poverty is as difficult to measure as conceptualization. One fact can not be denied: Someone will have to pay past debts. It is the people of the debtor country, the bank, or the people of industrialized countries. In most cases, there are combinations of these three groups. Various proposals came out over the past 10 years, but unfortunately these recommendations reflect only the special benefit of the group that normally created the recommendations.

Among protestors and commentators, such as Jean Quatremer, a liberation correspondent and NGOs based in Liege, some people who have abolished the Third World Debt Commission (CADTM), which argues that liabilities should be explained as malicious liabilities There is also. A book of the same name as the Greek documentary film "Debt Democracy" has proven that the recent Siemens scandal and non-commercial ECB loans, which are subject to purchase of military aircraft and submarines, constitute debt.

Excess third world debt burden means that it is more difficult to prioritize sustainable development. International organizations, the International Monetary Fund (IMF), the World Bank, through decades of unfair debt to the Third World through a strict structural adjustment program (SAP), are social, political, environmental and economic It rapidly opened up the economy from the perspective of damage. This approach reduces health, education and other important services while requiring priority debt repayment. They encourage concentration to produce small cash crops and other goods that are primarily used for export, utilizing environmentally harmful industrial agriculture. Loss of various free services As Bandana Shiva points out, a farm ecosystem will be offered, and

The third world debt is another way the dominant west side oppress the eastern side. In pretext of third world aid, capitalist countries provide loans that are inevitably still owed for the first world to developing countries. For example, in Guyana, the average annual income per capita is $ 829 - per capita external debt is $ 2,278 (Lander 2001: 71). On September 7, 2000, UN Secretary-General Kofi Annan received a petition calling for the recovery of the third world debt. There were 21.12 million people signing the petition, but I did not do anything. (Lander 2001: 71) Capitalist classes must maintain suppression of lower classes as they are afraid of loss of money and power.