Bankruptcy
(Part of the International Corporate Law and Financial Market Regulation Series)
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Book Overview
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.
Format:Paperback
Language:English
ISBN:1316617777
ISBN13:9781316617779
Release Date:May 2022
Publisher:Cambridge University Press
Length:307 Pages
Weight:0.91 lbs.
Dimensions:0.7" x 6.0" x 9.0"
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