The Norwegian Debt Audit from an international perspective

The Norwegian Debt Audit from an international perspective

In its political platform, the Norwegian government has committed to do an audit of all outstanding debts to Norway. A Norwegian debt audit will be the first creditor-initiated national audit of its kind. SLUGs most recent publication is a collection of texts about the Norwegian debt audit and how this can be made relevant internationally.

“The Norwegian Debt Audit from an International Perspective” is a collection of short texts with comments and input on the up-coming Norwegian debt audit from various civil society organizations and academics working with debt and development. The contributors represent our international network of organisations and individuals working on debt and development in Europe, Africa, Asia and Latin America. This international network believe there is a great responsibility connected with breaking new ground in this way. The report has chosen to focus particularly on Europe due to its closeness to Norway and the current debt problems in the Euro zone.

The Norwegian coalition for debt cancellation (SLUG) has in this report asked international civil society organizations and academics to comment on the Norwegian debt audit and give suggestions on how this audit can become internationally relevant. While all the texts differ in choice of words there are three considerations that stand out as the most important to the contributors: the scope of the audit, the criteria for debt cancellation and various practical considerations. Taking these and other considerations into account will be vital if the Norwegian debt audit to is to be structured and executed in such a way that it can easily serve not only as an inspiration, but also as a model audit for other creditor countries.

Download the report “The Norwegian Debt Audit from an International Perspective”.

Publisert