June 18-20, 1999
Articles and Documents
Unburdening the Third World (October 4, 1999)
A New York Times editorial about President Clinton's pledging to cancel the debt owed to Washington by the world's poorest nations, as long as they used the savings for health, education and other antipoverty programs.
Rich Man's Plan Seen as Stingy (June 24, 1999)
Christian Science Monitor article about reactions to the G-7 debt proposal.
The Cologne Summit G-8 on Debt, Conflict, Development (June 22, 1999)
An excerpt from the final communique released by the G-8 Summit leaders.
IMF 'Scheme' for Debt Relief (June 17, 1999)
Congressman Jesse Jackson Jr. and Brent Blackwelder, president of Friends of the Earth, question the proposal to sell IMF gold reserves for debt relief and point out that "[t]he bulk of the money would go to expand the IMF's Enhanced Structural Adjustment Facility (ESAF)."
The Cologne G8 Summit and the Chains of Debt (June 1999)
Press release and executive summary of a report on debt by the Jubilee 2000 Coalition: "G8 leaders are offering only crumbs of comfort to the world's most indebted nations."
G-7 Drafts Gold-Sale Plan To Cut Poor Nations' Debt (June 14, 1999)
Sale of some of the IMF gold reserves will go further than HIPC initiative, but still leaves indebted countries with heavy burden.
Stop Dozing and Give Us a Globalization Summit (June 10, 1999)
Piece by John Sewell and Michael McDowell - of Washington's Overseas Development Council - reiterating President Jacques Chirac's call for a global summit to discuss reform of the world economic system.
Indian Farmers Take the War to Europe (May 24, 1999)
Article from the Inter Press Service about Inter-Continental Caravan-99 (ICC- 99), a month-long farmers tour of the EU which will include demonstrations during the G-8 summit in Cologne and in front of the WTO headquarters in Geneva, the European Commission in Brussels and the OECD in Paris.
Secretary-General's Letter to the G8 in Advance of June Summit (May 26, 1999)
UN Press Release "calls for increased growth [and] response to needs of poor."
G7 Set to Act on Debt Relief (April 27, 1999)
Article from London's Guardian about G7 meeting in Washington DC.
G7 Agreement in Ottawa (February 22, 1999)
G7 to set up new systems for financial stability.
Calls for Debt Relief (February 21, 1999)
Discussion at a meeting in Bonn also included establishment of a Financial Stability Forum and the state of the world economy.
