CORDIS Project
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SOCDEBT examines the role of debt in economic disparity across 35 countries, analyzing how different social groups experience and perceive debt. The project aims to understand the dynamics of debt accumulation and its impact on social mobility.
The financialization of households in the 21st century has made credit and debt central to economic disparity, reshaping financial burdens and opportunities.
Debt shackles the poor, limiting mobility, yet also offers leverage for the wealthy, enabling further investment, accumulation, and opportunity.This paradox of debt lies at the heart of SOCDEBT, which is built around four key goals: (1) SOCDEBT will examine debt stratification across 35 countries over three decades, identifying the social g…
RUPRECHT-KARLS-UNIVERSITAET HEIDELBERG
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