Plastic Money: Constructing Markets for Credit Cards in Eight Postcommunist Countries

In the United States, we now take our ability to pay with plastic for granted. In other parts of the world, however, the establishment of a “credit-card economy” has not been easy. In countries without a history of economic stability, how can banks decide who should be given a credit card? How do markets convince people to use cards, make their transactions visible to authorities, assume the potential risk of fraud, and pay to use their own money? Alya Guseva, Boston University discusses in this insight.

Image courtesy of the interviewee


Report Infringement

Sign-up

Leave a Reply

Your email address will not be published. Required fields are marked *

×
As a Guest, you have insight(s) remaining for this month. Create a free account to get started.
Related Posts
error:

Add the Faculti Web App to your Mobile or Desktop homescreen

Install
×