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#Post#: 15--------------------------------------------------
Documentation Import-Export Benefits
DIR By: chandonarani55 sk
Date: August 29, 2023, 11:50 pm
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The ecological debt is also closely linked to the external debt.
The overexploitation of natural resources intensifies when trade
relations worsen for extractive economies, which have to pay off
external debt and finance necessary imports.26. The pressure
that the capitalist centers exert on the periphery to extract
natural resources is aggravated in the context of foreign debt.
The growth imperative of rich countries is matched by the
"export mandate" of the South27, which in the peripheral
capitalist countries appears associated with the need to pay the
external debt and its interests, which renews an endless circle
of inequality.
This is happening today in Argentina, a country that carries
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external debt (contracted
by the neoliberal government of Mauricio Macri between 2015 and
2019) that makes it incapable of considering any alternative for
change that is none other than expanding the frontiers of
neo-extractivism, to obtain the dollars that alleviate the
payments of the interests of the external debt with.
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For decades there have been numerous and recurring initiatives
that demand comprehensive reparation for historical
responsibilities and that also explicitly articulate ecological
debt with external debt. This was the case of the campaign Who
owes whom? that, at the height of the alter-globalization
movement at the turn of the century, demanded the cancellation
of the external debt and the payment of the ecological debt. In
addition to denouncing the illegitimate nature of the foreign
debt, the aim was to sensitize the population of the global
North about responsibility for ecological debt.
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