ch. 1. The depression of the 1980s and the setback to economic and social development -- ch. 2. The macroeconomic setting : interaction of policies in the major developed market economies -- ch. 3. The transmission of growth and the stability of the world economy -- ch. 4. Deflation, debt and trade -- ch. 5. The world economy in 1985 and prospects for the near future -- ch. 6. Debt, growth and development : prospects for the future -- Statistical annex.