Guérin Isabelle, Michiels S., Natal A., Nordman Christophe, Venkatasubramanian G. (2022). Surviving debt and survival debt in times of lockdown. Economic and Political Weekly, 57 (1), 41-49. ISSN 0012-9976.
Titre du document
Surviving debt and survival debt in times of lockdown
Année de publication
2022
Type de document
Article
Auteurs
Guérin Isabelle, Michiels S., Natal A., Nordman Christophe, Venkatasubramanian G.
Source
Economic and Political Weekly, 2022,
57 (1), 41-49 ISSN 0012-9976
What are the consequences of the COVID-19 lockdown on household debt ? Drawing on quantitative and qualitative data collected in rural Tamil Nadu, this paper highlights the massive risks of financial fragility. Quantitative data show a very high level of pre-COVID-19 debt, and the lockdown was accompanied by a large-scale suspension of repayments. At the same time, there was a halt to unsecured debt and an erosion of the trust that cements most transactions. Last, but not the least, the emergence of new forms of secured debt that seriously threaten household assets was observed.
Plan de classement
Epidémiologie générale [050EPID]
;
Développement, politique de développement, projets de développement [095DEVEL]
;
Politique sociale, problèmes sociaux [106PROSO]
