Coming First World Debt Crisis

ANN PETTIFOR has been synonymous with the issue of cancelling third world debt. She was the co-founder of Jubilee 2000 which campaigned for debt relief at the turn of the millennium. After an intense campaign involving the Pope, Bill Clinton, Tony Blair and Bono, in 1999 the G8 leaders agreed to write off $110bn of debt for 41 of the world's poorest countries. She is now a Director of Advocacy International, which works with debtor governments, and has helped countries like Nigeria, Ethiopia and Guyana write off millions of dollars of debt. She frequently speaks at conferences including those

'This insightful book examines how the current international trade in goods and finance that is making the rich richer and the poor poorer and threatens ecosystem and societal collapse is no accident.' - Jonathan Essex, Green World

• 1. Introduction; David Tennant and Damien King PART I: THE PROBLEM - PAST, PRESENT, AND PROSPECTS 2. he Developmental Impact of Debt; David Tennant 3. The Debt Experience of SIDS in the Caribbean; Michelle Robinson 4. The Debt Experience of SIDS in the Pacific; Biman Prasad 5. The Debt Experience of SIDS in the Atlantic, Indian Ocean and South China Sea (AIMS); Kaymara Barrett, Altricia Dawson and Sidonia Mackenzie 6. Prospects for the Growth of Debt in SIDS; David Tennant and Kario-Paul Brown PART II. CAUSES OF DEBT ACCUMULATION IN SIDS 7. The Sources of Debt in SIDS; Damien King 8. Institutional Causes of Debt in SIDS in the Caribbean, Pacific and AIMS Regions; Colin Bullock and Christine Clarke PART III AN AGENDA FOR DEBT SUSTAINABILITY IN SIDS 9. An Assessment of Recent Remedial Action Taken by Selected SIDS; Michelle Robinson 10. Debt Sustainability and Sustainable Development in SIDS; Abdullahi Abdulkadri 11. Elements of an Agenda for Debt Sustainability in SIDS; Damien King 12. Conclusion; Damien King and David Tennant