Plastic money : constructing markets for credit cards in eight postcommunist countries / Akos Rona-Tas and Alya Guseva.

Format:

Book

Author/Creator:

Rona-Tas, Akos.

Contributor:

Guseva, Alya, 1974-

Language:

English

Subjects (All):

Credit cards--Former communist countries.

Credit cards.

Consumer credit--Former communist countries.

Consumer credit.

Post-communism--Economic aspects.

Post-communism.

Physical Description:

1 online resource (341 p.)

Edition:

1st ed.

Place of Publication:

Stanford, California : Stanford University Press, 2014.

Language Note:

English

Summary:

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? Why should merchants agree to pay extra if customers use cards instead of cash? In Plastic Money, Akos Rona-Tas and Alya Gusev

Contents:

Contents; Figures and Tables; Preface and Acknowledgments; List of Acronyms; 1. Paying with Cards; 2. The Transition from a Communist to a Market Economy; 3. Payment Puzzles; 4. Credit Puzzles; 5. The Construction of Card Markets in Hungary, Poland and the Czech Republic; 6. Russia, Ukraine and Bulgaria; 7. Vietnam and China; 8. Conclusion; Appendix 1: Data and Methodology; Appendix 2: Concentration in Banking Over Time; Notes; References; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9780804789592

0804789592

OCLC:

871632402