International Responses to Issues of Credit and Over-indebtedness in the Wake of Crisis  book cover
1st Edition

International Responses to Issues of Credit and Over-indebtedness in the Wake of Crisis

ISBN 9780367601737
Published June 30, 2020 by Routledge
272 Pages

USD $48.95

Prices & shipping based on shipping country


Book Description

This book explores the political, economic and regulatory context in which credit regulation is taking place following the global financial crisis. It suggests that current neoliberal economic policies favour multi-national corporations rather than consumers and examines regulatory responses to the internationalization of consumer finance protection. Detailing how EU consumers have been affected by national economic conditions, the book also analyses the lending regimes of Europe, Australia, the US and South Africa and offers suggestions for responsible lending to avoid over-indebtedness and corrupt mortgage-lending. Finally, new approaches and directions for consumer credit regulations are outlined, such as protection for small businesses, protection against risky credit products, reorganization of mortgage securitization and the possibility of a partnership model to address financial exclusion. The book includes contributions from leading names in the field of consumer law and will be invaluable to those interested in banking, business and commercial law.

Table of Contents

International Responses to Issues of Credit and Over-indebtedness in the Wake of Crisis

View More



Dr Therese Wilson is a Senior Lecturer in Law at Griffith University and a member of the Socio-Legal Research Centre. She currently teaches corporate law, banking and finance law and international commercial arbitration. Therese chairs the board of Foresters Community Finance Ltd and is a member of the board of Social Investments Australia Ltd.


’With this interesting and topical collection, Therese Wilson has brought together some of the leading commentators on consumer law and financial regulation. They, in turn, have contemplated some of the principal challenges emanating from the global financial crisis. The result is an impressive work of interest to lawyers, scholars and policy-makers alike.’ Peter Cartwright, University of Nottingham, UK ’There are many books about the financial crisis, but this one is exceptional. The chapters survey the international landscape of failed past policies and promising new ones, without relying on dogma. This unique combination makes an important contribution to the on-going public debate about the future of consumer protection.’ Kathleen Engel, Suffolk Law School, USA and co-author of The Subprime Virus: Reckless Lending, Regulatory Failure and Next Steps