Personal Debt In Europe

Personal Debt In Europe Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Personal Debt In Europe book. This book definitely worth reading, it is an incredibly well-written.

Consumer Debt and Social Exclusion in Europe

Hans-W. Micklitz,Irina Domurath
Consumer Debt and Social Exclusion in Europe Book PDF

Author : Hans-W. Micklitz,Irina Domurath
Publisher : Routledge
Page : 258 pages
File Size : 47,9 Mb
Release : 2016-03-09
Category : Law
ISBN : 9781317161264

Get Book

Consumer Debt and Social Exclusion in Europe by Hans-W. Micklitz,Irina Domurath Pdf

This book analyses the dichotomy between the goal of social inclusion and the effect of social exclusion through over-indebtedness since 2008 in Europe. Filling a vital gap in the current literature on the effects of the financial and economic crisis, this volume puts into context academic discussion with the real-life dimension of over-indebtedness. Reports from six European countries provide socio-economic and legal information on over-indebtedness as well as the regulatory and judicial responses to the problems entailed by over-indebtedness. They form the empirical background for five analyses of different aspects of the inclusion-exclusion dichotomy. It becomes clear that in the context of credit expansion, individual over-indebtedness has turned into a social issue, which the current design of the consumer credit and mortgage system in Europe has helped to produce while disregarding the consequential danger of social exclusion.

Personal Debt in Europe

Federico Ferretti,Daniela Vandone
Personal Debt in Europe Book PDF

Author : Federico Ferretti,Daniela Vandone
Publisher : Cambridge University Press
Page : 257 pages
File Size : 49,5 Mb
Release : 2019-04-25
Category : Business & Economics
ISBN : 9781108426732

Get Book

Personal Debt in Europe by Federico Ferretti,Daniela Vandone Pdf

Analyses personal debt and the over-indebtedness of consumers in the European Union from the multi-disciplinary perspectives of economics, policy, and law.

Dealing with Private Debt Distress in the Wake of the European Financial Crisis A Review of the Economics and Legal Toolbox

Ms.Yan Liu,Mr.Christoph B. Rosenberg
Dealing with Private Debt Distress in the Wake of the European Financial Crisis A Review of the Economics and Legal Toolbox Book PDF

Author : Ms.Yan Liu,Mr.Christoph B. Rosenberg
Publisher : International Monetary Fund
Page : 21 pages
File Size : 51,7 Mb
Release : 2013-02-20
Category : Business & Economics
ISBN : 9781475546231

Get Book

Dealing with Private Debt Distress in the Wake of the European Financial Crisis A Review of the Economics and Legal Toolbox by Ms.Yan Liu,Mr.Christoph B. Rosenberg Pdf

The private non-financial sector in Europe is facing increased challenges in meeting its debt servicing obligation. In response, governments are revisiting legal tools and—in some cases—institutional arrangements to deal with over-indebtedness. For households, where the problem in some countries is large but no established best practice exists, reforms have generally sought to allow debtors a fresh start while minimizing moral hazard and preserving bank solvency and credit discipline. For the corporate sector, efforts have focused on facilitating debt restruturing (including through out of court mechanisms). Direct government intervention has been rare.

Consumer Debt and Social Exclusion in Europe

Hans-W. Micklitz,Irina Domurath
Consumer Debt and Social Exclusion in Europe Book PDF

Author : Hans-W. Micklitz,Irina Domurath
Publisher : Lund Humphries Publishers
Page : 256 pages
File Size : 45,7 Mb
Release : 2015-06-01
Category : Bankruptcy
ISBN : 1472449045

Get Book

Consumer Debt and Social Exclusion in Europe by Hans-W. Micklitz,Irina Domurath Pdf

This book analyses the dichotomy between the goal of social inclusion and the effect of social exclusion through over-indebtedness since 2008 in Europe. Filling a vital gap in the current literature on the effects of the financial and economic crisis, this volume puts into context academic discussion with the real-life dimension of over-indebtedness. Reports from six European countries provide socio-economic and legal information on over-indebtedness as well as the regulatory and judicial responses to the problems entailed by over-indebtedness. They form the empirical background for five analyses of different aspects of the inclusion-exclusion dichotomy. It becomes clear that in the context of credit expansion, individual over-indebtedness has turned into a social issue, which the current design of the consumer credit and mortgage system in Europe has helped to produce while disregarding the consequential danger of social exclusion.

The Character of Credit

Margot C. Finn
The Character of Credit Book PDF

Author : Margot C. Finn
Publisher : Cambridge University Press
Page : 386 pages
File Size : 44,9 Mb
Release : 2003-08-21
Category : Business & Economics
ISBN : 0521823420

Get Book

The Character of Credit by Margot C. Finn Pdf

Table of contents

Legal Solutions to Debt Problems

Council of Europe. Committee of Ministers
Legal Solutions to Debt Problems Book PDF

Author : Council of Europe. Committee of Ministers
Publisher : Council of Europe
Page : 24 pages
File Size : 49,8 Mb
Release : 2008-01-01
Category : Political Science
ISBN : 9287163545

Get Book

Legal Solutions to Debt Problems by Council of Europe. Committee of Ministers Pdf

The Council of Europe Committee of Ministers' Recommendation Rec(2007)8 on legal solutions to debt problems is the first international legal instrument that estabishes a set of legal principles in order to assist national legislators in introducing or reinforcing laws and policies in this field. The recommendation covers three main areas: prevention of over-indebtedness of individuals and families, alleviation of the effects of debt recovery in order to avoid social exclusion and rehabilitation of over-indebted individuals with due regard to their human dignity.

World Economic Outlook, April 2012

International Monetary Fund. Research Dept.
World Economic Outlook April 2012 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 299 pages
File Size : 40,5 Mb
Release : 2012-04-17
Category : Business & Economics
ISBN : 9781475507034

Get Book

World Economic Outlook, April 2012 by International Monetary Fund. Research Dept. Pdf

The April 2012 issue of the World Economic Outlook assesses the prospects for the global economy, which has gradually strengthened after a major setback during 2011. The threat of a sharp global slowdown eased with improved activity in the United States and better policies in the euro area. Weak recovery will likely resume in the major advanced economies, and activity will remain relatively solid in most emerging and developing economies. However, recent improvements are very fragile. Policymakers must calibrate policies to support growth in the near term and must implement fundamental changes to achieve healthy growth in the medium term. Chapter 3 examines how policies directed at real estate markets can accelerate the improvement of household balance sheets and thus support otherwise anemic consumption. Chapter 4 examines how swings in commodity prices affect commodity-exporting economies, many of which have experienced a decade of good growth. With commodity prices unlikely to continue growing at the recent elevated pace, however, these economies may have to adapt their fiscal and other policies to lower potential output growth in the future.

Global Waves of Debt

M. Ayhan Kose,Peter Nagle,Franziska Ohnsorge,Naotaka Sugawara
Global Waves of Debt Book PDF

Author : M. Ayhan Kose,Peter Nagle,Franziska Ohnsorge,Naotaka Sugawara
Publisher : World Bank Publications
Page : 403 pages
File Size : 54,9 Mb
Release : 2021-03-03
Category : Business & Economics
ISBN : 9781464815454

Get Book

Global Waves of Debt by M. Ayhan Kose,Peter Nagle,Franziska Ohnsorge,Naotaka Sugawara Pdf

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

The Images of the Consumer in EU Law

Dorota Leczykiewicz,Stephen Weatherill
The Images of the Consumer in EU Law Book PDF

Author : Dorota Leczykiewicz,Stephen Weatherill
Publisher : Bloomsbury Publishing
Page : 488 pages
File Size : 55,9 Mb
Release : 2016-01-28
Category : Law
ISBN : 9781509900374

Get Book

The Images of the Consumer in EU Law by Dorota Leczykiewicz,Stephen Weatherill Pdf

This book consists of contributions exploring from different perspectives the 'images' of the consumer in EU law. The images of the consumer form the foundation for various EU policies, more or less directly oriented towards the goal of consumer protection. The purpose of the volume is to establish what visions of the consumer there are in different contexts of EU law, whether they are consistent, and whether EU law's engagement with consumer-related considerations is sincere or merely instrumental to the achievement of other goals. The chapters discuss how consumers should be protected in EU contract, competition, free movement and trade mark law. They reflect on the limits of the consumer empowerment rationale as the basis for EU consumer policy. The chapters look also at the variety of concerns consumers might have, including the cost of goods and services, access to credit, ethical questions of consumption, the challenges of excessive choice and the possibility to influence the content of regulatory measures, and explore the significance of these issues for the EU's legislative and judicial process.

The Sociology of Debt

Featherstone, Mark
The Sociology of Debt Book PDF

Author : Featherstone, Mark
Publisher : Policy Press
Page : 264 pages
File Size : 43,8 Mb
Release : 2020-12-16
Category : Social Science
ISBN : 9781447339540

Get Book

The Sociology of Debt by Featherstone, Mark Pdf

Over the course of the last ten years the issue of debt has become a serious problem that threatens to destroy the global socio-economic system and ruin the everyday lives of millions of people. This collection brings together a range of perspectives of key thinkers on debt to provide a sociological analysis focused upon the social, political, economic, and cultural meanings of indebtedness. The contributors to the book consider both the lived experience of debt and the more abstract processes of financialisation taking place globally. Showing how debt functions on the level of both macro- and microeconomics, the book also provides a more holistic perspective, with accounts that span sociological, cultural, and economic forms of analysis.

International Debt Statistics 2021

World Bank
International Debt Statistics 2021 Book PDF

Author : World Bank
Publisher : World Bank Publications
Page : 227 pages
File Size : 43,5 Mb
Release : 2020-12-21
Category : Business & Economics
ISBN : 9781464816116

Get Book

International Debt Statistics 2021 by World Bank Pdf

International Debt Statistics (IDS), a long-standing annual publication of the World Bank, features external debt statistics and analysis for the 120 low- and middle-income countries that report to the World Bank Debtor Reporting System. IDS 2021 includes (1) an overview analyzing global trends in debt stocks of and debt flows to low- and middle-income countries within the framework of aggregate capital flows (debt and equity); (2) a feature story on the World Bank and International Monetary Fund Debt Service Suspension Initiative in response to the COVID-19 pandemic; (3) tables and charts detailing debtor and creditor composition of debt stock and flows, terms of new commitments, and maturity structure of future debt service payments and debt burdens, measured in relation to gross national income and export earnings for each country; (4) one-page summaries per country, plus global, regional, and income group aggregates showing debt stocks and flows, relevant debt indicators, and metadata for six years (2009 and 2015†“19); and (5) a user guide describing the tables and content, definitions and rationale for the country and income groupings used in the report, data notes, and information about additional resources and comprehensive data sets available to users online. Unique in its coverage of the important trends and issues fundamental to the financing of low- and middle-income countries, IDS 2021 is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. For more information on IDS 2021 and related products, please visit the World Bank’s Data Catalog at https://datacatalog.worldbank.org/dataset/international-debt-statistics.

Britain's Personal Debt Crisis

Damon Gibbons
Britain s Personal Debt Crisis Book PDF

Author : Damon Gibbons
Publisher : Unknown
Page : 238 pages
File Size : 50,8 Mb
Release : 2014-07-01
Category : Social Science
ISBN : 1907720979

Get Book

Britain's Personal Debt Crisis by Damon Gibbons Pdf

"Damon's book provides a timely insight into the power of personal debt to not just make life a daily struggle of the public but do long term damage to the future our country. He matches detailed analysis with a passionate call for action that many will find compelling" Stella Creasy MP ''This is a timely analysis of the growth in personal debt and a passionate plea for action. Few people understand the working of credit markets better than Damon and his proposals for effective regulation deserve serious attention." Paul Blomfield MP "Damon is one of those rare people who is able to combine a social policy researchers' attention to detail with a campaigners' zeal and passion to make change happen. The fact that he has managed to sustain this work for more than a decade, even when it has often meant swimming against the prevailing opinion of the times, is remarkable. Not only that, his analysis of the problems and solutions to Britain's personal debt crisis is always insightful, and almost always right!" Niall Cooper director Church Action on Poverty ''Damon Gibbons has campaigned over many years for fair lending at a reasonable price to low income households. From doorstep lending to payday loans he has challenged established ideas and called for a cap on costs - a policy now endorsed by the Government." Paul Lewis, journalist and broadcaster About the book We are living in a period of great unrest. What is commonly regarded as starting as a 'credit crunch' in 2007 became a full blown financial crisis the following year causing the 'deepest global downturn in recent history'. Across Europe, rising insolvencies and unemployment have led to falling tax revenues, and to yawning national budget deficits. The austerity measures taken to 'deal with' these deficits are exacerbating wealth inequalities and a series of social and political crises are emerging Underpinning all of these events is a personal debt crisis, and it remains utterly unresolved. The personal debt crisis is not a single moment in time but has been caused by the de-regulation of the financial sector over a period of thirty years; of deep change within the structure of our labour market; of failed housing policies; and of the erosion of the welfare state. The personal debt crisis is also a cultural crisis, where positive notions of self reliance and responsibility have been twisted by the credit industry to encourage people to meet short term 'wants' at the expense of long term 'needs'.

A Guide to Consumer Insolvency Proceedings in Europe

Thomas Kadner Graziano
A Guide to Consumer Insolvency Proceedings in Europe Book PDF

Author : Thomas Kadner Graziano
Publisher : Edward Elgar Publishing
Page : 1266 pages
File Size : 52,9 Mb
Release : 2019
Category : Law
ISBN : 9781788975650

Get Book

A Guide to Consumer Insolvency Proceedings in Europe by Thomas Kadner Graziano Pdf

Since the adoption of the EU Regulation on Insolvency Proceedings in 2000 and its recast in 2015, it has become clear that lawyers engaged in consumer insolvency proceedings are increasingly expected to have a basic understanding of foreign insolvency proceedings, as well as knowledge of the foreign country's court and legal system, legislation and judicial practice. Written by 50 highly qualified insolvency experts from 30 European countries, A Guide to Consumer Insolvency Proceedings in Europe provides the necessary information in the largest, most up-to-date and comprehensive book on this topic. Assisting the readers in their navigation through the differences, similarities, and peculiarities of insolvency proceedings in all Member States of the European Union, Switzerland and Russia, this book is a unique guide to insolvency proceedings across Europe. With contributions by both academics and practitioners, it provides truly multinational coverage of the economic, legal, social, political, and demographic issues in consumer insolvency. Illustrating the numerous practices across Europe, this book allows the reader to evaluate each aspect both on its own merits, as well as in comparison to the approaches applied in other European jurisdictions. This book will be an invaluable tool for insolvency practitioners, judges, lawyers, creditors and debtors throughout Europe, especially those participating in cross-border proceedings.

The Global Financial Crisis

George K. Zestos
The Global Financial Crisis Book PDF

Author : George K. Zestos
Publisher : Routledge
Page : 326 pages
File Size : 42,9 Mb
Release : 2015-10-05
Category : Business & Economics
ISBN : 9781317627630

Get Book

The Global Financial Crisis by George K. Zestos Pdf

Although banking and sovereign debt crises are not unusual, the crisis that has unfolded across the world since 2007 has been unique in both its scale and scope. It has also been unusual in being both triggered by, and mainly affecting, developed economies. Starting with the US subprime mortgage crisis, and the recession in 2007-2009, the problem soon erupted into financial crisis in Europe. A few of these countries came to the brink of bankruptcy, and were rescued by the EU and the IMF on the condition they adopt austerity measures. The detrimental social effects of the crisis in both the US and Europe are still emerging. Although there have been several studies published on the US crisis in particular, there has so far been an absence of an accessible comparative overview of both crises. This insightful text aims to fill this gap, offering a critical overview of causes, policy responses, effects and future implications. Starting with the historical context and mutation of the crisis, the book explores the policies, regulations, and governance reforms that have been implemented to cope with the US subprime mortgage crisis. A parallel analysis considers the causes of the European sovereign debt crisis and the responses of the European Union (EU), examining why the EU is as yet unable to resolve the crisis. This book is supported with eResources that include essay questions and class discussion questions in order to assist students in their understanding. This uniquely comprehensive and readable overview will be of interest and relevance to those studying financial crises, financial governance, international economics and international political economy.

House of Debt

Atif Mian,Amir Sufi
House of Debt Book PDF

Author : Atif Mian,Amir Sufi
Publisher : University of Chicago Press
Page : 238 pages
File Size : 40,6 Mb
Release : 2015-05-20
Category : Business & Economics
ISBN : 9780226277509

Get Book

House of Debt by Atif Mian,Amir Sufi Pdf

“A concise and powerful account of how the great recession happened and what should be done to avoid another one . . . well-argued and consistently informative.” —Wall Street Journal The Great American Recession of 2007-2009 resulted in the loss of eight million jobs and the loss of four million homes to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the recession—that the total amount of debt for American households doubled between 2000 and 2007 to $14 trillion? Definitely not. Armed with clear and powerful evidence, Atif Mian and Amir Sufi reveal in House of Debt how the Great Recession and Great Depression, as well as less dramatic periods of economic malaise, were caused by a large run-up in household debt followed by a significantly large drop in household spending. Though the banking crisis captured the public’s attention, Mian and Sufi argue strongly with actual data that current policy is too heavily biased toward protecting banks and creditors. Increasing the flow of credit, they show, is disastrously counterproductive when the fundamental problem is too much debt. As their research shows, excessive household debt leads to foreclosures, causing individuals to spend less and save more. Less spending means less demand for goods, followed by declines in production and huge job losses. How do we end such a cycle? With a direct attack on debt, say Mian and Sufi. We can be rid of painful bubble-and-bust episodes only if the financial system moves away from its reliance on inflexible debt contracts. As an example, they propose new mortgage contracts that are built on the principle of risk-sharing, a concept that would have prevented the housing bubble from emerging in the first place. Thoroughly grounded in compelling economic evidence, House of Debt offers convincing answers to some of the most important questions facing today’s economy: Why do severe recessions happen? Could we have prevented the Great Recession and its consequences? And what actions are needed to prevent such crises going forward?