Buy Today, Pay Tomorrow: Formal Credit Supply and Domestic Electrical and Electronic Goods Consumption in São Paulo's Urban Periphery.

Since the beginning of the twenty‐first century, expansion of the formal credit supply in Brazil has promoted the 'financial inclusion' of the low‐income population, especially through instalment plans offered by large retail chains. This article aims to analyse the impacts of formal credit availabi...

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Publicado en:Bulletin of Latin American Research Vol. 42; no. 1; pp. 131 - 148
Autores principales: Lopes Dos Santos, Kaue, Ferreira, João Sette Whitaker
Formato: Artículo
Publicado: Wiley-Blackwell Jan2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Buy Today, Pay Tomorrow: Formal Credit Supply and Domestic Electrical and Electronic Goods Consumption in São Paulo's Urban Periphery.
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          Lopes Dos Santos, Kaue
          Ferreira, João Sette Whitaker
        affil:
          The London School of Economics and Political Science,, UK
          University of São Paulo,, Brazil
      su:
        Electronic equipment
        Consumption (Economics)
        Data analysis
        Debt
        São Paulo (Brazil)
      sug:
        subj:
          São Paulo (Brazil)
          Electronic equipment
          Consumption (Economics)
          Data analysis
          Debt
      keyword:
        consumption
        electrical and electronic consumer goods
        formal credit
        indebtedness
        instalment plan
        periphery
      ab: Since the beginning of the twenty‐first century, expansion of the formal credit supply in Brazil has promoted the 'financial inclusion' of the low‐income population, especially through instalment plans offered by large retail chains. This article aims to analyse the impacts of formal credit availability on the consumption of electrical and electronic goods by residents of Jardim Helena, a neighbourhood in São Paulo's periphery. Through the collection and analysis of qualitative and quantitative data, this study reveals how the instalment plan can stimulate consumption among the low‐income population, with a significant impact on household budgets, raising the risk of indebtedness.
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