Год выпуска: 2014 Автор: Maria Luiza Kurban Jobim Издательство: LAP Lambert Academic Publishing Страниц: 112 ISBN: 9783659582615
Описание
The expansion and the democratisation of credit all over the globe have been introduced together with sincere and enthusiastic hopes to improve individuals’ incomes, smooth consumption and thereby reinforce or stimulate development. However, the overlapping role of credit in conciliating social and economic concerns has become problematic, especially when markets do not meet the desirable efficiency with its provision to the low income population and have to find the intricate path in between over-indebtedness and financial exclusion. Drawing on the tension between these two perspectives, this research analyses the potential harmfulness and the limits of consumer credit as a tool to promote development. Because the poor are the ones who, when recur to credit have few – if any – choices and whose behaviour is not entirely rational, dogmas of contractual law need urgently to be demystified, not only in the dogmatic, but specially in the pragmatic field as well. As sufficiency of...
