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Household Debt and Economic Crises - Causes, Consequences and Remedies (Hardcover)
Loot Price: R2,586
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Household Debt and Economic Crises - Causes, Consequences and Remedies (Hardcover)
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The recent global recession, preceded by easy access to credit, led
to a household debt epidemic. This book examines the causes,
consequences and potential public policies related to debt from a
social policy perspective, in which over-indebtedness is understood
as a social risk. Heikki Hiilamo presents a unique conceptual and
theoretical approach to the topic ?- one of the most pressing
social issues of the modern Western world. The trajectories of
increasing household debt are studied in the contexts of the US and
the UK, Germany, the Netherlands, Finland and Norway. Household
Debt and Economic Crises examines remedies to prevent and alleviate
the over-indebtedness epidemic, creating a conceptual framework
with which to analyse the causes and consequences of debt. Hiilamo
argues that social policies are needed to tackle the current
borrowing crisis that endangers and prevents the full participation
in society of individuals with excessive debts. Academics and
students of social policy, economics and social-epidemiology will
find this an indispensable and thought-provoking read. With
analysis of countries across Europe and the US, policymakers,
public officials and NGOs working with household debt problems will
find this a timely addition to the literature for highlighting
future paths in research and policy.
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