1) Introduction
Why another book on debt? / Debt in the new millennium / What remains the same / Globalisation / The dangers of globalisation / Human problems / Africa needs debt cancellation, not more IMF programmes

2) History of the current crisis
From colonialism to 'independence' / The First and Second World Wars -- the US and Europe / The 1980s debt crisis / The 1980s -- the lost development decade / Liquidity vs. Solvency / The 1990s -- the found development decade? / Players in the international debt crisis / The Brady Plan

3) The Bretton Woods System
Historical overview / The World Bank / Structural adjustment / The wages of liberalisation / The International Monetary Fund (IMF) / The language of conditionality / Millennium changes? / Let's hear everyone and get on with imaginative solutions / Poverty Reduction and Growth Strategy Papers/Program (PSRP) -- the new ESAF? / HIPC II / Cancelling multilateral debts / Abracadabra says the IMF / IMF policy shifts / Bolivia -- the perpetual test case / World Bank Board discussion of Bolivian PRSP / Uganda: HIPC experience and development-oriented borrowing / Ignoring the costs

4) Trade and capital
Trade / UN conference on trade and development / Membership of the WTO / Mexico: fallout from the 'battle of Seattle' / Free Trade Area of the Americas (FTAA) / In Focus: Free Trade Area of the Americas / Alliance for Responsible Trade: A manifesto / The death of development? / International capital flows unleashed /UNCTAD / Hot money / Capital flight

5) The more we pay the more we owe
The failure of the Mexico bailout / Ecuador / 'Don't lend us ANY MORE' / Jamaica: when debt begins at home / Peru / The Debt is unpayable

6) ...the less we have
The chance to work / Haiti rebound / Corporate welfare in Haiti / Poorer health / Redefining security / The feminisation of poverty / Third World countries -- some key facts / Aid vs. debt relief / Don't be fooled by debt relief / Thoughts on development / Billionaires / The benefits of being far from globalisation / Trade liberalisation, poverty and distribution: NAFTA and the case of Mexican agriculture

7) Environmental and political implications
Growing debt / The export imperative / The environment / Cutbacks in public spending / The historic significance of Seattle / The expansion of transnationals / The challenges of social and environmental sustainability: the case of Export Credit Agencies (ECAs) / The IMF: selling the environment short / Waste dumping / Indigenous people / Globalisation and suicide / Climate change / Hurricane Mitch hits Honduras / NAFTA and the environment / Politics Democracy and neoliberalism / Political implications of neo-liberal globalisation / Unrest in Ecuador / Dollars instead of sucres? / The dollarisation trap / Cochabamba takes on globalisation / Caribbean nations sell citizenship for dollars

8) Alternative solutions?
Creditor responses / Debtor countries' responses / NGO responses / Jubilee is not enough / Jubilee 2000 / No to debt, yes to life -- Jubilee 2000 / We are not debtors, we are owed! / For a debt-free millennium / Which way for NGOs? / Northern responses / The Non-governmental orders: will NGOs democratise, or merely disrupt, global governance? / Southern NGOs / Human rights / Alternative agendas / More fundamental and viable civil society alternatives?