What is the Jubilee Debt Campaign?
In 1997, Jubilee 2000 was created in an effort to deal with the problem of oppressive debt in developing countries. It is named for the Jubilee year found in the book of Leviticus, when enslaved peoples were freed from their debts, their lost lands restored, and the inequalities that were suffered, removed. Organizers of the original Jubilee drew similarities between international debt and historical enslavement. According to them, the world’s most devastating form of modern day slavery is oppressive debt.
