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Enhancing the consumer credit market in Algeria: With special reference to the credit card market

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Frame of Image OFE Chong Chan Choi, Former Minister of Construction and Transportation Cheon Sik Yang, Chairman & President, Korea Eximbank Sang Woo Nam, Visiting Professor, KDI School Chang-Gyun Park, Professor, Chung-Ang University Project Manager: Chang Gyun Park, Professor, Chung-Ang University Authors: Chapter 1: Chang Gyun Park, Professor, Chung-Ang University Chapter 2: Chang Gyun Park, Professor, Chung-Ang University Joonmo Na, Director, BC Card Ltd. Chapter 3: Joonmo Na, Director, BC Card Ltd. Chapter 4: Inseok Shin, Professor, Chung-Ang University Chapter 5: Dongsoo Kang, Research Fellow, KDI Chapter 6: Sukyun Hur, Research Fellow, KDI Janghyuk Lee, Professor, Korea University In cooperation with: Ministry of Finance, the People’s Democratic Republic of Algeria Bank of Algeria SATIM Banque de Développment Local (BDL) Crédit Populaire d’Algérie (CPA) Managed by: Center for Economic Cooperation (CEC), KDI School Tai Hee Lee, Head Gil-Sang Won, Senior Expert Tae Kyung Kim, Research Associate Hyae Jin Jeong, Research Associate Jang Saeng Kim, Research Associate Government Publications Registration Number 11-1190000-000166-01 ISBN 978-89-91765-06-1 93320 Copyright ⓒ 2007 by Ministry of Finance and Economy, Republic of Korea
Government Publications Registration Number 11-1190000-000166-01
Knowledge Sharing Program
Enhancing the Consumer Credit Market in Algeria: With Special Reference to the Credit Card Market
September 2007
Ministry of Finance and Economy Republic of Korea KDI School o


Full Text
Title Enhancing the consumer credit market in Algeria: With special reference to the credit card market
Similar Titles
Project Category Consulting Programs
Material Type Reports
Author(English)

Park, Chang Gyun; Na, Joonmo; Shin, Inseok; Kang, Dongsoo; Hur, Sukyun et al.

Publisher

[Seoul]:Korea Development Institute

Date 2007
Project Consulting Programs
Series Title; No Knowledge Sharing Program
ISBN 978-89-91765-06-1
Pages 204
Subject Country Algeria(Africa)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Holding Korea Development Institute
Recipient Country Algeria(Africa)
Donor Country South Korea(Asia and Pacific)
Supervisor Korea Development Institute
Organizer Korea Development Institute
Sponsor Ministry of Finance and Economy

Abstract

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)