Personal Insolvency Law: Global Perspectives and China's Transformation (The Rule of Law in China and Comparative Perspectives)

In an era marked by economic uncertainty and rising living costs, the need for compassionate and effective personal insolvency systems has never been more urgent.This edited volume offers a timely and incisive exploration of the complexities of personal insolvency regimes. Drawing on insights from the UK, the US, Europe, Japan and China, the book examines how diverse legal systems negotiate the tensions between debt relief and moral hazard, creditor protection and social equity, and market efficiency and human dignity.It compares the effectiveness of neoliberal models, middle-ground approaches, and state-led systems, offering assessments of their respective strengths and limitations. The analysis moves beyond theory, grounding its arguments in real-world examples, while advancing the case for a robust, standalone personal insolvency framework in China.By synthesising global experience with local experimentation, the volume demonstrates how such a framework could strengthen economic res