In-Depth Analysis of Rising Household Indebtedness in an Upper Middle-Income Economy

The Case of Mauritius

Sanjeev K Sobhee, Verena Tandrayen-Ragoobur, Harshana Kasseeah, Ruben Thoplan (Autoren)

Buch | Softcover

115 Seiten

2016
Nova Science Publishers Inc (Verlag)
978-1-63485-782-6 (ISBN)

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This book is based on a study of household indebtedness in an upper-middle income economy known as Mauritius, and authored by a vibrant team of researchers from the University of Mauritius. The novelty of this publication is that it fills the gap with respect to the paucity of microeconomic studies pertaining to and relevant for developing countries. At the local and regional level, there is no consolidated work that studies household indebtedness with so much rigour and with such deep-rooted analysis. All in all, this publication uses different data sources and a mixed methodology approach to investigate the factors related to household indebtedness. The main advantage of this publication is that it is based on a comprehensive survey of indebted households in Mauritius. While the survey questionnaire tracks micro-socioeconomic characteristics of households, the empirical analysis is highly scientific and uses the latest statistical and econometric tools, techniques and softwares. It has a good review of literature backed by sound macroeconomic analysis and puts into practice the state of the art of econometric analysis. The discussions are clear and provide insights into expenditure patterns, financial constraints and vulnerability of households both within and among different income categories. The findings uncover specific traits of the typical Mauritian household debtor. The findings in this book are also compared with studies based on other developed and developing countries. Moreover, the book probes deeper into cases of over-indebtedness and the different reasons that could explain various financial commitments of a typical household debtor. Policy recommendations are provided to open the outreach to policy makers and researchers. Lastly, the book is also useful to the academic community and students in terms of its academic endeavors and achievements.

Sanjeev K Sobhee is Professor of Applied Economics and Development Studies. His research areas include macroeconomics of the environment, sustainable development policies and the economics of climate change. Professor Sobhee has published extensively in internationally refereed journals and has consulted on projects for various international institutions: The World Bank, UNDP, UNEP, FAO, IOM and UNCTAD.

Preface; Introduction; The Macroeconomics of Household Indebtedness; Household Indebtedness in Mauritius: The Broad Picture; Survey Methods & Profile of Respondents; An Assessment of the Financial Vulnerability of Indebted Households; Econometric Analysis & Findings; Recommendations & Conclusion; Index.

Erscheinungsdatum	07.09.2016
Verlagsort	New York
Sprache	englisch
Maße	155 x 230 mm
Gewicht	186 g
Themenwelt	Sozialwissenschaften ► Soziologie ► Makrosoziologie
Themenwelt	Wirtschaft ► Volkswirtschaftslehre
ISBN-10	1-63485-782-8 / 1634857828
ISBN-13	978-1-63485-782-6 / 9781634857826
Zustand	Neuware