The Political Economy of Consumer Bankruptcy Reform in Canada

50 Pages Posted: 26 Feb 2003

See all articles by Iain D. C. Ramsay

Iain D. C. Ramsay

University of Kent - Kent Law School


This paper uses an interest group analysis to explain recent developments in consumer bankruptcy reform in Canada. Adopting Eric Posner's analysis from the US, I draw attention to the role of groups other than creditors and debtors in influencing consumer bankruptcy reform, in particular, the role of regulators and professionals. The paper suggests that an interest group analysis, rather than cultural differences, may provide a partial explanation for the more creditor oriented system of consumer bankruptcy in Canada compared to the US. The paper also discusses the implications of an interest group analysis for structuring the process of reform and the influence of interest groups on a recent Task Force on personal insolvency in Canada.

Keywords: Consumer Bankruptcy, Interest Groups, Canada

Suggested Citation

Ramsay, Iain D. C., The Political Economy of Consumer Bankruptcy Reform in Canada. Available at SSRN: or

Iain D. C. Ramsay (Contact Author)

University of Kent - Kent Law School ( email )

Canterbury, Kent CT2 7NS
United Kingdom

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