Congress highlighted household indebtedness as a major issue, citing stagnating wages as the root cause. Recovery from COVID-19 driven by loans has led to a record household debt-to-GDP ratio. With ...

When it comes to assessing threats to financial stability, Finland’s regulators believe there is no such thing as “too much ...

The role of personal relationships in borrowing, saving and over-indebtedness: a life course perspective. In: Sharing lives, dividing assets: an inter-disciplinary study Andrea Finney Facing the ...

Schools that offer the best returns Although students and families are increasingly questioning the value of higher education, a degree often still comes with economic and community benefits.

Reasonable levels of external debt that help finance productive investment may be expected to enhance growth, but beyond certain levels additional indebtedness may reduce growth. An IMF study ...

Economic activity came to a sudden halt due to the COVID‑19 pandemic. This has resulted in widespread income losses, creating a challenging situation for many Canadian households, especially those ...

Professor James’s research challenges common assumptions about indebtedness, demonstrating how the structures propping up ‘credit apartheid’ in South Africa disadvantage its victims by enabling ...

The term over-indebtedness is used to describe debt which has become a major burden for the borrower. It can be caused by, and contributes to, social exclusion, financial exclusion and poverty. In ...

At the start of the COVID‑19 pandemic, Canada was facing two significant and interrelated financial vulnerabilities: imbalances in the housing market and elevated household indebtedness. These two ...

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