%0 Journal Article
%9 ACL : Articles dans des revues avec comité de lecture non répertoriées par l'AERES
%A Guérin, Isabelle
%A Michiels, S.
%A Natal, A.
%A Nordman, Christophe
%A Venkatasubramanian, G.
%T Surviving debt and survival debt in times of lockdown
%D 2022
%L fdi:010084139
%G ENG
%J Economic and Political Weekly
%@ 0012-9976
%K INDE ; TAMIL NADU
%N 1
%P 41-49
%U https://www.documentation.ird.fr/hor/fdi:010084139
%> https://www.documentation.ird.fr/intranet/publi/2022-02/010084139.pdf
%V 57
%W Horizon (IRD)
%X 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.
%$ 095DEVEL ; 106PROSO ; 050EPID