Charging Ahead: The Growth and Regulation of Payment Card Markets around the World

This book tells the story of credit cards around the world: why people use them, the effects on the economies of the nations where they prevail, why they are used so differently around the world, and what should be done to respond to the problems they cause. It includes a wealth of data from around the world, fascinating narratives about the differences from country to country, and penetrating analyses of policies that might stem misuse of cards. Was the first empirical analysis of the effect of credit cards on the rise of consumer bankruptcy in the U.S. Japan, and Commonwealth countries Historical information and empirical data that explains and illustrates the disparate pattern of credit and debit card usage throughout the world A comprehensive set of policy recommendations grounded not only in the empirical and historical discussion, but also in modern economic theoryhttps://scholarship.law.columbia.edu/books/1126/thumbnail.jp