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Eric LeCompte (non-profit)

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Eric LeCompte
Eric Lecompte at the Doha Talks
NationalityAmerican
Years active1994-present
Board member ofJubilee USA Network, Executive Committee of FACT Coalition,[1]

Eric LeCompte is an American commentator on politics, finance and religion.[2] He serves on a working group with the UN Conference on Trade and Development.[3][4] He is the current executive director of Jubilee USA Network.[5][6] Prior to working with Jubilee USA, he served as the event coordinator at School of the Americas Watch.[7]

Early life and Career

LeCompte holds a Bachelor of Arts degree in sociology from College of Saint Benedict and Saint John's University. LeCompte is the former national council chair of Pax Christi USA. He also previously worked for the School of the Americas Watch, Catholic Worker and Fellowship of Reconciliation.[7]

He is currently the executive director of Jubilee USA Network,[5][6] a coalition of religious organizations that works for reforms to the international finance system that it argues will reduce poverty.[8]

LeCompte is a proponent of a global bankruptcy system for countries as well as greater transparency in the international financial system.[9][10] LeCompte advised the United Nations Conference on Trade and Development[11] to create a guide for global bankruptcy: "Sovereign Debt Workouts: Going Forward, Roadmap and Guide."[12] After the United Nations General Assembly voted to create a global bankruptcy process for sovereign countries,[13] LeCompte presented to the United Nations on initial steps to create a working process.[14] He has presented how global bankruptcy will work to the International Bar Association insolvency section.[15]

After Grenada defaulted on its debt,[16] LeCompte advised religious leaders in Grenada and met with creditors, government officials and the International Monetary Fund (IMF) to secure a debt restructuring that limits austerity plans.[17][18][19]

LeCompte has been active in Puerto Rico’s ongoing debt crisis. He worked with Puerto Rico’s religious leaders,[20][21] the Puerto Rican government and the White House and Congress[22] on solutions to the crisis.[23][24] LeCompte testified on solutions to the crisis before a sub-committee of the House Natural Resources Committee on February 2, 2016.[25][26] He supported the Puerto Rico Oversight, Management and Economic Stability Act to address the crisis[20][21] and worked with Puerto Rico’s religious leaders to convene a debt dialogue between Puerto Rico’s Governor and a representative group of Puerto Rico’s creditors.

LeCompte advocates for a global finance system inspired by religious and Biblical teachings. that he believes would protect the poor.[27] He comments regularly in religious and mainstream media.[28][29][30][31]

References

  1. ^ "FACT Coalition Executive Committee". Retrieved September 13, 2016.
  2. ^ D'Almeida, Kanya (April 27, 2015). "Want to Help Nepal Recover from the Quake? Cancel its Debt, Says Rights Group". Inter Press Service News Agency. Inter Press Service News Agency. Retrieved 2 July 2015.
  3. ^ "Norway blazes a trail with audit of developing world debt". Theguardian.com. Retrieved 2016-11-15.
  4. ^ "UN set to create framework for global bankruptcy process in wake of Argentina debt crisis". Ibtimes.co.uk. Retrieved 2016-11-15.
  5. ^ a b Winters, Michael Sean (2014-06-23). "Jubilee USA Network aims to ease Grenada's debt crisis". National Catholic Reporter.
  6. ^ a b "Jubilee campaign for debt relief gains momentum, allies in the Vatican". Catholic News Service.
  7. ^ a b "Eric LeCompte, Event Coordinator". Web.archive.org. Retrieved 2016-11-15.
  8. ^ "Jubilee USA: Our Work". Jubileeusa.org. Retrieved 2016-11-15.
  9. ^ Biron, Carey (August 19, 2013). "Norway Sets Example in Audit of Poor Countries' Debts". Inter Press Service News Agency. Inter Press Service News Agency. Retrieved September 13, 2016.
  10. ^ "3rd meeting, Fifth Session, Sustainable Development Financing- General Assembly". Webtv.un.org. Retrieved 2016-11-15.
  11. ^ "Debt Workout Mechanism Working Group Members and Observers" (PDF). unctad.info. UNCTAD. Retrieved 2 July 2015.
  12. ^ "Sovereign Debt Workouts: Going Forward Roadmap and Guide" (PDF). unctad.org. UNCTAD. Retrieved 2 July 2015.
  13. ^ "Resolution on Sovereign Debt Restructuring Adopted by General Assembly Establishes Multilateral Framework for Countries to Emerge from Financial Commitments". un.org. United Nations. Retrieved 2 July 2015.
  14. ^ "UNCTAD participation at General Assembly ad hoc committee on sovereign debt restructuring processes - First working session". unctad.org. UNCTAD. Retrieved 2 July 2015.
  15. ^ "21st Annual IBA Global Insolvency and Restructuring Conference : A Uniform Global Insolvency Regime : Dream or Reality" (PDF). Int-bar.org. Retrieved 2016-11-15.
  16. ^ Spink, Christopher (March 15, 2013). "Grenada seeks to overhaul finances, restructure 2025 bond". Reuters. Reuters. Retrieved 2 July 2015.
  17. ^ Cui, Carolyn (9 April 2015). "Grenada Reaches Deal to Restructure $262 Million in Debt" – via Wall Street Journal.
  18. ^ Cui, Carolyn (April 9, 2015). "Grenada Reaches Deal to Restructure $262 Million in Debt". Wall Street Journal. Wall Street Journal. Retrieved 2 July 2015.
  19. ^ LeCompte, Eric (October 11, 2013). "OP-ED: Grenada's IMF Sunday School". Inter Press Service News Agency. Inter Press Service News Agency. Retrieved 2 July 2015.
  20. ^ a b Sadowski, Dennis (July 1, 2016). "Bishop, advocates like deal that allows Puerto Rico to avoid debt default". Catholic News Service. Retrieved September 13, 2016.
  21. ^ a b "Puerto Rico Bill Goes To Senate Amid Divisions". ValueWalk. 19 June 2016.
  22. ^ "El Nuevo Día". Elnuevodia.com. Retrieved 2016-11-15.
  23. ^ "House passes Puerto Rico fiscal rescue bill ahead of July cliff". Washingtonpost.com. Retrieved 2016-11-15.
  24. ^ "Debt Bill Pays Some Attention to Puerto Rico's High Child Poverty Rate". Nbcnews.com. Retrieved 2016-11-15.
  25. ^ Jubilee USA (12 February 2016). "Eric LeCompte Testifies to Congress on Puerto Rico humanitarian crisis" – via YouTube.
  26. ^ "House Committee on Natural Resources : Subcommittee on Indian, Insular and Alaska Native Affairs : Congressional Hearing : "The Need for the Establishment of a Puerto Rico Financial Stability and Economic Growth Authority"" (PDF). Int-bar.org. Retrieved 2016-11-15.
  27. ^ Calloway-Hanauer, Jamie (May 5, 2014). "Record Profits, Income Inequality, Global Poverty, and a New Jubilee? – An Interview with Eric LeCompte". Red Letter Christians. Red Letter Christians. Retrieved 2 July 2015.
  28. ^ Catholic News Service (11 June 2014). "Jubilee campaign for debt relief gains momentum, allies in the Vatican". St. Louis Review. St. Louis Review. Retrieved 1 July 2015.
  29. ^ Timiraos, Nick; Gillers, Heather (31 August 2016). "White House Announces Members of Puerto Rico Oversight Board" – via Wall Street Journal.
  30. ^ "Subscribe to read". Ft.com. Retrieved 2016-11-15. {{cite web}}: Cite uses generic title (help)
  31. ^ Walker, Peter; Gani, Aisha; Quinn, Ben (4 April 2016). "Panama Papers: mass protests in Iceland call for PM to quit – as it happened". The Guardian.
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