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International Journal of Community Currency Research
Browsing All Posts filed under »research article«
Taking Moneyless Exchange to Scale: Measuring and Maintaining the Health of a Credit Clearing System
Every day brings reports of new financial crises and financial malfeasance within the banking and financial establishment. In an effort to keep the banking system functioning, the largest banks and financial institutions have been relieved by national governments of tremendous amounts of their bad debts, shifting that burden onto the shoulders of the citizenry. At […]
Bitcoin: The Political ‘Virtual’ Of An Intangible Material Currency
April 19, 2013
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This paper concerns the open source software project Bitcoin, which is often described as virtual cash. The paper investigates what ‘virtual’ signifies when applied to ‘cash’ and in turn what ‘virtual cash’ says about Bitcoin. Bitcoin is the latest cryptographic effort to create digital cash-like tokens, where Bitcoin’s designer Nakamoto argues that users now no […]
Improving Complementary Currency Interchange By A Regional Hub-Solution
April 9, 2013
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Groups involved in complementary currencies (CC’s) that push for an interchange between their member-currencies are not yet a favourite subject in the existing CC-grassroots movement. One reason could be the existing doubts of activists that such structures might be non-transparent, support instability, raise corruption or be a gate for the comeback of the ruling system […]
Are Alternative Currencies A Substitute Or A Complement To Fiat Money? Evidence From Cross-Country Data
October 11, 2012
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Damjan Pfajfar, Giovanni Sgro, and Wolf Wagner. This paper studies the determinants of usage of alternative currencies. We find evidence that these currencies, in contrast to their historical function, mainly act as a complement to fiat money.
Japan’s Fureai Kippu Time-banking in Elderly Care: Origins, Development, Challenges and Impact
August 16, 2012
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by Mayumi Hayashi. Japan’s Fureai Kippu (‘Ticket for a Caring Relationship’) is targeted at providing care for older people through exchanges of time credits. This has attracted increasing attention as a potential contribution to the ‘Big Society’ with an ageing population. However, there is little empirical research on this system. This article, using historical analysis and empirical evidence, seeks to address these gaps by examining the origins of Fureai Kippu, its early expansion, post-2000 slowdown and responses.
2012 Special Issue: Thirty Years of Community and Complementary Currencies
July 9, 2012
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Bringing together 17 new research papers from around the world, this special issue celebrates thirty years of community and complementary currencies, and assesses their impacts, potential and challenges. Edited by Jerome Blanc. View the papers individually, using the menu above, or download the whole issue here. IJCCR 2012 Vol 16 Special Issue Complete Editorial Thirty […]
Trophic currencies: ecosystem modeling and resilient economies
July 8, 2012
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Marc Brakken, Preston Austin, Stephanie Rearick and Leander Bindewald: In this paper we present a theoretical currency model analogous to trophic food chains, and argue that appropriately differentiated currencies from supranational currencies to regional, sectoral and down to timebanking and nonreciprocal exchanges can help better activate the value in the world, empowering communities and economies.
Emerging trend of complementary currencies systems as policy instruments for environmental purposes: changes ahead?
July 8, 2012
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Hélène Joachain and Frédéric Klopfert: We contribute to the research on CC as policy instruments for environmental sustainability by presenting a selection of such CC systems and by proposing a taxonomy of their constitutive parameters.
CC Coupon Circulation and Shopkeepers’ Behaviour: A Case Study of the City of Musashino, Tokyo, Japan
July 8, 2012
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Ken-ichi Kurita, Yoshihisa Miyazaki and Makoto Nishibe: This article introduces the history of community currencies in Japan, and examines the successes and remaining problems of the community currency coupons which are currently gaining such popularity.
Local Exchange Trading Systems in Central European post-Communist Countries
July 8, 2012
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Jelínek P., Szalay Zs. and Konečný A: This paper gives information about Local Exchange Trade Systems in the region of former Czechoslovakia, Poland and Hungary, discussing possible reasons for variations in CC experience.
Stroud Pound: A Local Currency to Map, Measure and Strengthen the Local Economy
July 8, 2012
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Molly Scott Cato and Marta Suárez: The paper details the first two years of the life of the Stroud Pound which seeks to build greater resilience and strength into the local economy. We use the local currency as a research tool to explore issues such as: the size of the local multiplier; extent of trade between local producers; the dynamics of the local economy; and the diverse motivations of scheme participants.
Solidarity economy between a focus on the local and a global view
July 8, 2012
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Krister Volkmann: Money can be a medium of communication, a means to either change society, or to preserve a community in the sense of “resilience” against outside threat - this paper explores that idea referring to the newly established regional currencies (Regionalwährungen) in Germany, Austria and Switzerland and the 'solidarity economy' concept.
Moral Money: A Case Study at the Chiemgauer Regional money
July 8, 2012
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Christian Thiel: The focus of the sociological study is on how the German Regiogeld System affects actions of consumers. Money is evaluated concerning its functionality and its symbolism.
Sustainability of the Argentine Complementary Currency Systems
July 8, 2012
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Georgina M. Gómez: The Redes de Trueque (RT) thrived during the economic crisis of 2001 in Argentina but fell sharply after 2002. Following an institutionalist perspective, this article assesses the sustainability of the governance systems in the RT in relation to input legitimacy, rule enforcement, resource synergy and transaction and organisational costs.
Economic Activity Without Official Currency in Greece: The * Hypothesis
July 8, 2012
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Irene Sotiropoulou: This paper attempts to formulate a hypothesis to explore within a historical perspective, how currency scheme members with both their discourse and action, challenge our perceptions about important issues in economics.
Does Demurrage matter for Complementary Currencies?
July 8, 2012
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Hugo Godschalk: Currency with demurrage ('rusting') has never been implemented the way it was originally intended. This paper argues a demurrage-based CC could be helpful as a temporary steering instrument during economic depressions.
A comparison in transaction efficiency between dispersive and concentrated money creation
July 8, 2012
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Nozomi Kichiji and Makoto Nishibe: We compare concentrated creation of money with dispersive creation of money, using computer simulation, to show the advantage of dispersive money creation embodied into LETS.
Community Currencies as Integrative Communication Media for Evolutionist Institutional Design
July 2, 2012
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Makoto Nishibe: The present article shows that community currencies (CCs) are interpreted as integrative communication media with dual aspects of money and language, and that CCs should be strategic targets for evolutionist institutional design in order to solve problems caused by global capitalism.
April 30, 2013
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