To investigate the 2 main dimensions of the Jubilee ( the spiritual and the economic one), it is useful to begin with the Jubilee biblical foundations and reach up to the present day, considering religious and secular movements and the NGOs now advocating debt remittances, particularly of highly indebted developing countries.
The main point emerging from this text may be summarized in this way: the Jubilee and the economic as well as spiritual debt remittances have a solid foundation in the Torah, but this foundation was not accompanied by a practical application in the Jewish world. Quite the reverse, there is an increasing Jubilee practice of spiritual debt rmittances in the Catholic world which however lacks solid grounds in the Christian sacred texts. Modern movements supporting monetary debt remittances of highly indebted developing countries only partially reconnect to the logic of Jewish or Catholic Jubilees, and they leave many open questions concerning the desiderability and the sustainability of debt remittances in the fight to poverty and in fostering development of developing countries, even though they are supported by non‑Catholic Christian groups as well as by public institutions (like the World Bank) and by some brilliant secular economists, including a Nobel Prize winner ( Jo Stiglitz of Jewish origin).