Pensando los circuitos de la economía urbana, las entidades no bancarias y el papel del crédito para consumo en una ciudad media de la provincia de Buenos Aires, Argentina

Abstract

The technical systems installed in the territory show the modernization processes affecting financial activity in Argentina. From the key variables of the time - information, finance and consumer - finance capital transcends the banking sphere and is involved in everyday life of most of society. The territorial divisions of labor that exist in the cities can be understood from the theoretical approach proposed by Santos (1975, 1979) about the circuits of the urban economy in underdeveloped countries. Such circuits are generated by the same process of technological modernization, but are distinguished by three elements: the level of technology, capital employed and the type of organization. The financial system of credit is an activity of the higher circuit that finds new ways to spread in the territory. The aim of this paper is to analyze non-banks that offer consumer credit in the city of Olavarria, to know the characteristics of credit and understand the links that are established primarily with the activities of the lower circuit. The methodology consisted of analysis of secondary information from National Institute of Statistics and Census, the Central Bank of Argentina and Raul Prebisch's Library. Primary sources were based on interviews with representatives of non-bank financial institutions and conducted surveys to the population of the city has requested a personal credit were used.