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To reveal effects and consequences of high indebtedness on income poverty, this paper explores empirically a linear and … and growth effect, to analyse potential trade-offs between the impact of unsustainable external debt levels on poverty … through overall economic growth and via distribution. To test the poverty effects, we collect an irregular and unbalanced …
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In this study, we explore the relationship between the debt service ratio (DSR) and individual borrowers' ability to withstand shocks in Malaysia. Using a micro-level dataset that matches borrowers' debt and income, we quantify the financial resilience of individual borrowers and subsequently...
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a poverty trap mechanism exacerbating financial exclusion, hence resulting in significant losses for both the individual …
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The global debt crisis continues despite a number of efforts over the years to resolve it, and the purpose of this article is to assist in the campaign for debt relief by using international human rights law as basis for granting debt relief to debtor countries. The article begins with a brief...
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