2024
DOI: 10.4018/979-8-3693-0863-9.ch002
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The Path to Resilience

Diya Susan Biju,
Veerta Tantia

Abstract: Household financial vulnerability represents a significant financial challenge, predominantly impacting low and middle-income households when faced with sudden changes in income or expenses. At the household level, this vulnerability might arise as short-term liquidity issues or long-term solvency concerns. While household debt is a primary factor contributing to this vulnerability, elements like financial capability and the use of digital payments also play roles. The repercussions of household financial vuln… Show more

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