Jubilee 2025: The new global debt crisis and its solutions

For many Catholics around the world, Jubilee 2025 represents not only a call to spiritual renewal, but a profound rallying cry for economic and ecological justice. This Jubilee year, Catholics unite in solidarity with those suffering in debt-distressed nations to demand a global debt system that protects human and environmental rights and enables, rather than obstructs, development.

This paper identifies the structural causes of reoccurring debt crises and highlights their impacts on the world’s poorest communities. It outlines why, following the historic success of the Jubilee 2000 debt campaign, the world once again faces an acute global debt crisis.