Eric LeCompte, Executive Director of Jubilee USA was featured in IPS speaking on debt restructuring. Read excerpt below and follow link to full article.

 

Options Lacking to Help Developing Countries Avoid Debt Crises

By: Tharanga Yakupitiyage and Lyndal Rowlands

 

"LeCompte echoed similar sentiments, highlighting the importance of laws around responsible and sustainable lending and borrowing.

'We need to figure out, at the United Nations, how do we start to move [debt restructuring] into soft law, how do we start to create a framework and structure that allows…for problems to be worked out in a more responsible way,' he told IPS."

 

Read more here.