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Éric Toussaint

Doctor in political science from the Liège and Paris VIII Universities. President of CADTM-Belgium, member of the International Council of the World Social Forum and of the CAIC Commission for the Integral Audit of the Public Debt (Ecuador). His latest book in French : La crise, quelles crises ? (with Damien Millet, Aden 2010) ; in English : Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers.

56 articles
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Eight key proposals for another Europe
by Éric Toussaint
17 April 2011
In the context of the financial crisis which is jolting European Union states in much the same way that it crippled Southern countries for several decades, the Committee for the Abolition of Third World Debt (CADTM) has presented eight alternative proposals. Some of the ideas stem from a (…)
The U.S. and its unruly Latin American ’backyard’
by Éric Toussaint
26 January 2010
U.S. aggressiveness towards the Venezuelan, Bolivian, and Ecuadorian governments has increased in response to diminishing U.S. influence over the Latin American and Caribbean area, which Washington has been blaming on Hugo Chávez, in particular, and also on Cuba ... but Cuba is a much older story.
Haiti: Grants to repay an odious debt ?
by Éric Toussaint , Sophie Perchellet
19 January 2010
Geography and bad luck are only partly to blame for Haiti’s tragedy. Haiti was born of slavery and revolution, declaring independence from France on 1 January 1804. In exchange for diplomatic recognition, France forced the new republic to pay enormous reparations. Ever since, Haiti has been (…)
A Threat To Peoples of Both the South and North
A Stronger IMF and World Bank
by Éric Toussaint , Damien Millet, Renaud Vivien
22 October 2009
The G-20, the self-proclaimed global regulation authority, has decided to bolster the capacity of the FMI and the World Bank to siphon the wealth from the South in order to solve the crisis in the North. In an effort to conceal the ruthlessness of this policy, at their Istanbul meeting the (…)
Extending a hand to the Africans
Barack Obama’s three misdeeds in Africa
by Éric Toussaint , Damien Millet, Aminata Barry Touré, Emilie Tamadaho Atchaca, Ibrahim Yacouba, Jean Victor Lemvo, Luc Mukendi, Solange Koné, Sophie Perchellet, Victor Nzuzi
20 July 2009
Obama’s revamping of the Unites States’ image is still in full swing. In a speech delivered in Accra before the Ghanaian parliament, he reached out to Africans and vowed to help them defeat under-development. As previously in Cairo and Moscow, Obama’s rhetoric charmed the western media - at (…)
Why is there rampant famine in the 21st century and how can it be eradicated?
by Éric Toussaint , Damien Millet
Liège (Belgium)  | 1 May 2009
While the rich countries fret over the consequences of the financial crisis, hunger continues to claim lives in the poor countries. The Millennium Development Goals adopted by the UN were intended to curb famine but, instead, it is progressing. According to Damien Millet and Eric Toussaint of (…)
A G20 Meeting for Naught
by Éric Toussaint , Damien Millet
9 April 2009
Those who were hoping the G-20 would result in concrete measures to resolve the world ecomic crisis will have been disappointed. The Summit prioritized finance capitalism and decided to provide increased funds to the IMF so that it may pursue its exploitative policies vis-à-vis the Third World. (…)
The doublespeak of a discredited IMF
by Éric Toussaint , Damien Millet
Liège (Belgium)  | 14 March 2009
The international crisis that broke in summer 2008 demolished all the neo-liberal dogmas and exposed the deception behind them. Unable to deny their failure, the World Bank and the International Monetary Fund claim they no longer uphold the set of neo-liberal policies known as the Washington (…)
The new US administration
Economy: Obama chooses those who have a record of failure
by Éric Toussaint , Damien Millet
Liège (Belgium)  | 2 December 2008
Obama, the Wall Street and City’s pet, had just appointed his economic team. The ex-senator of the Illinois, who led the most expensive election campaign of the History, thanks to JP Morgan Chase and Goldman Sachs’s subsidies, called back to the White House those who organized the wave of (…)
The World Bank Involved in a Dirty Quarrel in Chad
by Éric Toussaint , Damien Millet
Paris (France)  | 2 December 2005
The high-flown oratory of World Bank experts about good management, corruption and the reduction of poverty is only a farce. As a matter of fact, the World Bank imposed on Chad, at all costs, an oil pipeline project that was supposed to enrich a well-known dictator who has just laughed at that (…)

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Haiti: Grants to repay an odious debt ?

The new US administration

Economy: Obama chooses those who have a record of failure

The World Bank Involved in a Dirty Quarrel in Chad

Why is there rampant famine in the 21st century and how can it be eradicated?

A Threat To Peoples of Both the South and North

A Stronger IMF and World Bank

Extending a hand to the Africans

Barack Obama’s three misdeeds in Africa

The U.S. and its unruly Latin American ’backyard’

Eight key proposals for another Europe

A G20 Meeting for Naught

The doublespeak of a discredited IMF