Business, Management and Accounting
4 years ago

Rising Household Debt in Barbados Sparks Economic Concerns and Policy Changes

1 view
MPRA Paper
Is the Magnitude of Household Debt in Barbados a Concern
Justin Carter, Winston Moore, Mahalia Jackman

Paper Summary

Household debt in Barbados from 1990 to 2010 was studied to see how much people owe and who they owe it to. The researchers looked at how debt changes with the economy and found that rising household debt is a concern. Unlike past studies, this one looked at all types of debt, not just from banks, to give a better picture of the situation.

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