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Into the red : the birth of the credit card market in postcommunist Russia

Author: Alya Guseva
Publisher: Stanford, Calif. : Stanford University Press, ©2008.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"Into the Red explores the emergence of a credit card market in post-Soviet Russia during the formative period from 1988 to 2007. In her analysis, Alya Guseva locates the dynamics of market building in the social structure, specifically the creative use of social networks. Until now, network scholars have overlooked the role that networks play in facilitating exchange in mass markets because they have exclusively  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Alya Guseva
ISBN: 9780804758383 0804758387
OCLC Number: 181599807
Description: 202 pages : illustrations ; 24 cm
Contents: The architecture of credit card markets --
Market building in the transitional context --
Setting the stage : consumer credit and banking before and during the transition --
Inner circles : card issuing at the dawn of the market --
The stick but no carrot : disseminating cards through employers --
The carrot, at last : will consumer lending lead the way for Russia's credit card market? --
The missing piece of the puzzle : the struggle to institutionalize interbank information sharing and create credit bureaus --
Russian credit card market through the lens of continuity and change.
Responsibility: Alya Guseva.
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Abstract:

Explores the emergence of a credit card market in post-Soviet Russia during the formative period from 1988 to 2007. This book demonstrates how networks that combine individuals and organizations help  Read more...

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"If you think that globalization rapidly and inexorably converts people everywhere into eager consumers and that the availability of ready credit automatically drags consumers into crippling debt, Read more...

 
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    schema:reviewBody ""Into the Red explores the emergence of a credit card market in post-Soviet Russia during the formative period from 1988 to 2007. In her analysis, Alya Guseva locates the dynamics of market building in the social structure, specifically the creative use of social networks. Until now, network scholars have overlooked the role that networks play in facilitating exchange in mass markets because they have exclusively focused on firm-to-firm or person-to-person ties. Into the Red demonstrates how networks that combine individuals and organizations help to build markets for mass consumption." "The book is situated on the cutting edge of emerging interdisciplinary research, linking multiple layers of analysis with institutional evolution. Using an intricate framework, Guseva chronicles both the creation of a credit card market and the making of a mass consumer. These processes are placed in the context of the ongoing restructuring in postcommunist Russia and the expansion of Western markets and ideologies through the rest of the world."--Jacket." ;
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