1. Project Objectives
The research project aims to assess the feasibility of the credit card market in Algeria and devise policy recommendations for successful establishment of a sound and efficient credit card industry in the Algerian financial market.
2. Expected Benefits of the Project
If successfully launched by adopting the policy measures recommended by the project, the credit card market is expected to offer several benefits to various layers of the Algerian economy. Most of all, proliferation of credit card use contributes to enhancing the efficiency of resource allocation by significantly reducing transaction costs and achieving a higher level of transparency.
Should the credit card market be successfully launched, the biggest winner is expected to be consumers who would be allowed to enjoy the opportunities of lower transaction costs and easier and faster access to credit resources. (The rest omitted)
Enhancing the consumer credit market in Algeria: With special reference to the credit card market
|Project Category||Consulting Programs|
[Seoul] : Korea Development Institute
|Series Title; No||Knowledge Sharing Program|
|Subject||Economy < Financial Policy|
|Holding||Korea Development Institute|
|Donor Country||South Korea(Asia and Pacific)|
|Supervisor||Korea Development Institute|
|Organizer||Korea Development Institute|
|Sponsor||Ministry of Finance and Economy|