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PREVENTION OF DEBT CRISES IN DEVELOPING COUNTRIES

EDM (Early Day Motion) 68: tabled on 02 June 2015

Tabled in the 2015-16 session.

This motion has been signed by 85 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House supports taking action to prevent debt crises taking place in developing countries, as these delay development and can cause great suffering; welcomes the $130 billion of developing country debt which was cancelled through the Heavily Indebted Poor Countries initiative; notes that lending to low-income countries has trebled since 2008, and that the IMF and World Bank state that 45 low-income countries are at moderate or high risk of not being able to pay their debts; further notes that multilateral institutions are responsible for 60 per cent of loans to low income countries; in this context, urges the Government to keep giving bilateral aid as grants rather than loans; further urges the Government to require the multilateral institutions that it funds to take further measures to ensure loans do not lead to unpayable debts; calls on the Government to support a UN Intergovernmental Tax Body to give developing countries a say in creating fairer global tax rules, and to support and implement the UN principles on responsible borrowing and lending; and further calls on the Government actively to support and participate in the UN negotiations to create new international bankruptcy rules for states which will indicate to the private sector that it will no longer be bailed out at taxpayer expense for reckless lending.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Abbott, Ms Diane
Labour
Signed on 11 June 2015
Hackney North and Stoke Newington
Ahmed-Sheikh, Ms Tasmina
Scottish National Party
Signed on 22 June 2015
Ochil and South Perthshire
Anderson, Mr David
Labour
Signed on 4 June 2015
Blaydon
Bottomley, Sir Peter
Conservative
Signed on 3 June 2015
Worthing West
Brake, Tom
Liberal Democrat
Signed on 16 November 2015
Carshalton and Wallington
Brown, Alan
Scottish National Party
Signed on 21 July 2015
Kilmarnock and Loudoun
Butler, Dawn
Labour
Signed on 11 April 2016
Brent Central
Cadbury, Ruth
Labour
Signed on 8 June 2015
Brentford and Isleworth
Cherry, Joanna
Scottish National Party
Signed on 14 October 2015
Edinburgh South West
Cooper, Rosie
Labour
Signed on 12 October 2015
West Lancashire
Corbyn, Jeremy
Labour
Signed on 8 June 2015
Islington North
Crausby, Mr David
Labour
Signed on 10 June 2015
Bolton North East
Cryer, John
Labour
Signed on 15 October 2015
Leyton and Wanstead
Cunningham, Mr Jim
Labour
Signed on 4 June 2015
Coventry South
Davies, David T. C.
Conservative
Signed on 15 October 2015
Monmouth
Debbonaire, Thangam
Labour
Signed on 30 October 2015
Bristol West
Dodds, Mr Nigel
Democratic Unionist Party
Signed on 4 November 2015
Belfast North
Donaldson, Mr Jeffrey M.
Democratic Unionist Party
Signed on 1 March 2016
Lagan Valley
Donaldson, Stuart Blair
Scottish National Party
Signed on 16 December 2015
West Aberdeenshire and Kincardine
Ellman, Mrs Louise
Labour
Signed on 2 November 2015
Liverpool, Riverside
Field, Frank
Labour
Signed on 12 October 2015
Birkenhead
Flello, Robert
Labour
Signed on 15 June 2015
Stoke-on-Trent South
Flynn, Paul
Labour
Signed on 4 June 2015
Newport West
Glindon, Mary
Labour
Signed on 4 June 2015
North Tyneside
Goodman, Helen
Labour
Signed on 6 November 2015
Bishop Auckland
Grady, Patrick
Scottish National Party
Signed on 10 June 2015
Glasgow North
Gray, Neil
Scottish National Party
Signed on 9 June 2015
Airdrie and Shotts
Greenwood, Margaret
Labour
Signed on 15 October 2015
Wirral West
Hamilton, Fabian
Labour
Signed on 12 October 2015
Leeds North East
Hanson, Mr David
Labour
Signed on 8 December 2015
Delyn
Hayes, Helen
Labour
Signed on 9 March 2016
Dulwich and West Norwood
Hendry, Drew
Scottish National Party
Signed on 24 March 2016
Inverness, Nairn, Badenoch and Strathspey
Hepburn, Mr Stephen
Labour
Signed on 12 October 2015
Jarrow
Hermon, Lady
Independent
Signed on 10 June 2015
North Down
Hoey, Kate
Labour
Signed on 16 November 2015
Vauxhall
Hopkins, Kelvin
Labour
Signed on 3 June 2015
Luton North
Huq, Dr Rupa
Labour
Signed on 29 October 2015
Ealing Central and Acton
Kaufman, Sir Gerald
Labour
Signed on 13 July 2015
Manchester, Gorton
Kerevan, George
Scottish National Party
Signed on 9 November 2015
East Lothian
Kinnock, Stephen
Labour
Signed on 9 June 2015
Aberavon
Lamb, Norman
Liberal Democrat
Signed on 21 October 2015
North Norfolk
MacNeil, Angus Brendan
Scottish National Party
Signed on 8 June 2015
Na h-Eileanan an Iar
Mactaggart, Fiona
Labour
Signed on 11 June 2015
Slough
Mann, John
Labour
Signed on 12 October 2015
Bassetlaw
Maskell, Rachael
Labour
Signed on 16 June 2015
York Central
McCabe, Steve
Labour
Signed on 22 March 2016
Birmingham, Selly Oak
McDonald, Stuart C.
Scottish National Party
Signed on 30 November 2015
Cumbernauld, Kilsyth and Kirkintilloch East
McDonnell, John
Labour
Signed on 4 June 2015
Hayes and Harlington
McKinnell, Catherine
Labour
Signed on 29 February 2016
Newcastle upon Tyne North
McNally, John
Scottish National Party
Signed on 9 June 2015
Falkirk
Meale, Sir Alan
Labour
Signed on 15 June 2015
Mansfield
Monaghan, Carol
Scottish National Party
Signed on 1 July 2015
Glasgow North West
Monaghan, Dr Paul
Scottish National Party
Signed on 12 October 2015
Caithness, Sutherland and Easter Ross
Mulholland, Greg
Liberal Democrat
Signed on 22 October 2015
Leeds North West
Newlands, Gavin
Scottish National Party
Signed on 23 June 2015
Paisley and Renfrewshire North
Oswald, Kirsten
Scottish National Party
Signed on 28 October 2015
East Renfrewshire
Paterson, Steven
Scottish National Party
Signed on 9 November 2015
Stirling
Pugh, John
Liberal Democrat
Signed on 4 March 2016
Southport
Qureshi, Yasmin
Labour
Signed on 2 July 2015
Bolton South East
Ritchie, Ms Margaret
Social Democratic & Labour Party
Signed on 4 June 2015
South Down
Robertson, Angus
Scottish National Party
Signed on 11 January 2016
Moray
Robinson, Mr Geoffrey
Labour
Signed on 16 October 2015
Coventry North West
Saville Roberts, Liz
Plaid Cymru
Signed on 4 June 2015
Dwyfor Meirionnydd
Sharma, Mr Virendra
Labour
Signed on 10 June 2015
Ealing, Southall
Sheppard, Tommy
Scottish National Party
Signed on 25 January 2016
Edinburgh East
Simpson, David
Democratic Unionist Party
Signed on 10 June 2015
Upper Bann
Smith, Cat
Labour
Signed on 12 October 2015
Lancaster and Fleetwood
Stringer, Graham
Labour
Signed on 12 October 2015
Blackley and Broughton
Thewliss, Alison
Scottish National Party
Signed on 27 October 2015
Glasgow Central
Thompson, Owen
Scottish National Party
Signed on 1 March 2016
Midlothian
Vaz, Keith
Labour
Signed on 4 June 2015
Leicester East
Vaz, Valerie
Labour
Signed on 12 October 2015
Walsall South
Weir, Mike
Scottish National Party
Signed on 8 June 2015
Angus
Whiteford, Dr Eilidh
Scottish National Party
Signed on 23 June 2015
Banff and Buchan
Whitford, Dr Philippa
Scottish National Party
Signed on 9 June 2015
Central Ayrshire
Williams, Mr Mark
Liberal Democrat
Signed on 10 June 2015
Ceredigion
Wilson, Corri
Scottish National Party
Signed on 24 June 2015
Ayr, Carrick and Cumnock

These members had previously signed the motion, but have now withdrawn their support. The date shown is when the Member withdrew their signature from the motion.