Consumer Debt and Social Exclusion in Europe (Markets and the Law)

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.

• | Author: Hans-W Micklitz, IRINA. DOMURATH
• | Publisher: Routledge
• | Publication Date: Jun 30, 2021
• | Number of Pages: 264 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1032098538
• | ISBN-13: 9781032098531