End the Debt Trap - Options for national legislative action. Background papers dossier

This publication examines case studies from Sub-Saharan Africa, South Asia, Latin America, and the Middle East to highlight systemic weaknesses in debt governance. Through comparative analysis and experiences of concrete countries, the Dossier advocates for legislative reforms that emphasize transparency, accountability, oversight, and sustainability in public finance management. By connecting these reforms to human rights, economic equity, and environmental sustainability, the Dossier contributes to the international debate by providing a practical roadmap for nations to escape the debt trap and protect their developmental goals. The chapters, authored by experts and civil society representatives, offer lessons learned, actionable recommendations, and insights into the unintended consequences of selected cases. This initiative is led by the Friedrich-Ebert-Stiftung, that is activating its global network of over 100 offices and partner organizations to help end the debt trap. It stems from the international advisory group “End the Sovereign Debt Trap,” which brings together experts and political actors committed to a profound reform of the international financial architecture. The group aims to influence political and technical debates, engage with global decision-making processes, and bring progressive perspectives into key spaces.