Charging Ahead : The Growth and Regulation of Payment Card Markets around the World
Book Details
Format
Paperback / Softback
ISBN-10
0521711487
ISBN-13
9780521711487
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 23rd, 2007
Print length
310 Pages
Weight
440 grams
Dimensions
22.90 x 15.20 x 1.80 cms
Product Classification:
International economic & trade lawPublic international law: economic and tradeBanking law
Ksh 6,300.00
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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.
This book was the first comprehensive treatment of credit cards in the global economy. The topic is timely not only because of the attention focused on cards as a contributor to the substantial rise in consumer borrowing, but also because of the role of cards in the recent retrenchment in the US bankruptcy system. Relying on data from the US, the UK, Canada, Australia, and Japan, Charging Ahead includes the first careful statistical analysis of the relation between the rise of credit card use and broader macroeconomic phenomena like consumer borrowing, savings, and bankruptcy. It also provides a broad narrative of how credit cards have come to be used so differently around the world. Finally, it sets out a detailed and coherent program for regulatory intervention grounded in both empirical analysis and the existing theoretical literature.
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