Poverty and Policy
Household debt on the peripheries of Europe: New constellations since 2008
Authors: Luca Sára Bródy and Zsuzsanna Pósfai
2020 - Periféria Policy and Research Center
Extract of the Introduction
This publication focuses on the issue of household debt on the Southern and Eastern peripheries of Europe. We explore common patterns intending to understand what specific forms of household debt arise in these countries. Our claim is that relations of dependency between countries of the economic periphery and core of Europe also influence how household indebtedness unfolds in Southern and Eastern Europe. We aim to shed light on the changing institutional environment of household debt, and on the far-reaching, often unseen social consequences of household indebtedness.