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Bankruptcy: The Case for Relief in an Economy of Debt.

Bankruptcy: The Case for Relief in an Economy of Debt.

・ISBN 978-1-316-61777-9 paper GB£ 26.00

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電子版あり 大学・学術機関向け電子ブック(eBook)ISBN 978-1-316-71148-4
著者・編者Spooner, Joseph,
シリーズ (International Corporate Law and Financial Market Regulation)
出版社 (Cambridge University Press, UK)
出版年月2022
ページ数308 pp.
言語ENG
ニュース番号<A03-47008>

解説

A decade after the Global Financial Crisis and Great Recession, developed economies continue to struggle under excessive household debt. While exacerbating inequality and political unrest, this debt - when combined with wage stagnation and a shrinking welfare state - has played a key role in maintaining economic growth and allowing households faced with rising costs of living to make ends meet. In Bankruptcy: The Case for Relief in an Economy of Debt, Joseph Spooner examines this economic model and finds it increasingly unsustainable. In a call to action to reduce debt burden, he turns to bankruptcy law, which is uniquely situated as a mechanism of social insurance against the risks of a debt-dependent economy. This book should be read by anyone interested in understanding the problem of consumer debt and how best to address it.