European University Institute Library

Consumer debt and social exclusion in Europe, edited by Hans-W. Micklitz, European University Institute, Italy; Irina Domurath, University of Copenhagen, Denmark

eng

Includes bibliographical references and index

illustrations

index present

non fiction

Consumer debt and social exclusion in Europe

bibliography

893202864

edited by Hans-W. Micklitz, European University Institute, Italy; Irina Domurath, University of Copenhagen, Denmark

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.--, Provided by Publisher

Introduction / Irina Domurath and Hans-W. Micklitz -- The design of consumer and mortgage credit law in the European system / Guido Comparato -- Country report Greece / Georgios Mentis, Katerinia Pantazatou -- Country report Portugal / Catarina Frade, Mariana Pinheiro Almeida -- Country report Spain / Pablo Gutiérrez de Cabiedes and Marta Cantero Gamito -- Country report Hungary / Mónika Józon -- Country report Iceland / Maria Elvira Méndez Pinedo, Irina Domurath -- Country report Romania / Beatrice Andresan-Grigoriu and Madalina Morar -- Over-indebtedness and its causes across European countries / Elaine Kempson -- A map of responsible lending and responsible borrowing in the EU and suggestions for a stronger legal framework to prevent over-indebtedness of European consumers / Irina Domurath -- The role of credit bureaus in globalized economies : why they matter less than we think and how they can matter more / Akos Rona-Tas -- Two cheers for Europe : austerity, mortgage foreclosures, and personal insolvency policy in the EU / Iain Ramsay -- Conclusions : consumer over-indebtedness and consumer insolvency from micro to macro / Hans-W. Micklitz