Polska pomoc

 

Global education from economic perspective on debt. All of us have debt small and big ones, on North and South too

The debt of the Global South countries (also called developing countries) has an adverse effect on the capacity of these countries to implement the principles of economically, socially and environmentally sustainable development. A considerable portion of these countries are struggling with foreign debt servicing. The repayment of foreign debt and interest at times absorbs as much as 30% of the budget. If it were not for the debt, the funds could be used for e.g. Sustainable Development Goals. To perceive and understand this problem may be one of the ways to support development cooperation and the fight against extreme poverty.

Debt is a problem of not only the countries of the South. Countries of the North, including Poland, must also at least carefully observe the level of external debt and the debt to GDP ratio, though the scale of this is quite different. What is more, debt is also a problem well known to individuals. Polish families are often in debt and millions of people are repaying loans. Teaching about how to handle debt should be a part of obligatory education in Poland if we want adults to be able to handle debt. The combination of that which is global and that which is local as well as the problems of the countries of the South and those of countries of the North is the core of this project. The main addressees are multipliers – NGOs, media and teachers – who will be able to forward to other groups the information acquired within this project.

Global education from economic perspective on debt. All of us have debt small and big ones, on North and South too

The project will contribute to the popularisation of knowledge on the causes and consequences of debt of the Global South countries and its impact on the execution of the Sustainable Development Goals (SDGs) and the implementation of the perspective of human rights in development. The aim of the project is to engage groups associated with education in discussion and educational, consumer and civic activities to resolve the problem of debt of the Global South countries, and in consequence to reduce extreme poverty and enhance the implementation of SDGs.

The main activities in the project are: conducting an information campaign in social media and online (e.g. infographics or webinars), building cooperation between organisations interested in the popularisation of the subject of debt and financing development cooperation, as well as activities addressed to the media and teachers as two groups of multipliers of knowledge on economic global education.

The first project module is planned for 16 August 2018 to 31 December 2018 and the second module for 1 January 2018 to 27 December 2019. The project has a national range. To make it easier for people from outside large urban areas to access the contents and material generated within the project, a considerable portion of the activities is conducted online.

Global education from economic perspective on debt. All of us have debt small and big ones, on North and South too

The target project results were accomplished, particularly:

  • Preparing and publishing two infographics on the issue of indebtedness of the countries of Global South and its impact on financing the implementation of the development cooperation objectives. The infographics reached approximately 16,000 recipients.
  • A four-page publication was prepared and published to introduce the issues of indebtedness of developing countries in the context of the Sustainable Development Goals. The publication also comprises references to the Human Rights Based Approach to development (HRBA),  which is in line with the project assumptions.
  • Two webinars focusing on the indebtedness of developing countries in a more general context of development financing were organised. Experts from Poland and the Philippines gave speeches during the webinars. Altogether, the webinars had 83 participants. Video recordings of the webinars were published on the Internet.
  • A seminar focusing on the indebtedness of developing countries in the context of financing development was held. The seminar had 16 participants, mostly from non-governmental organizations. The seminar was published as a graphic facilitation on the IGO website.