Establishing Time Based Community Currencies: Means of Measure, Exchange and Storage

In the search for operative, sustainable and complementary currencies and the methods of applying them in the real world, many discussions have occurred over the years on the IJCCR discussion website. This article proposes a perspective from an architect’s point of view when applying the use of time based currencies to the urban habitat and environment, and to the provision of basic needs within its communities especially for those unable to afford them due to the reduced provisions by governing bodies, and the higher costs to these and/or to those willing to acquire them independently from the privatized substitutes. The challenge becomes how to make the provision of these basic human, social and urban needs equitably accessible and co-operatively plentiful for the communities as well as worthwhile and competitive for investors. Too often the existing or proposed solutions are relegated to the world of charities and NGO associations and do not become interesting to the powers-that-be except out of a sense of personal, or corporate, moral obligation or social commitment. Thus, for a time currency to serve as “money” in the purchase of these basics, three simultaneous and non-contradictory roles are demanded of it: “it must function as a means to a) measure costs, b) foment exchanges and c) record transactions.” This article tackles these issues and invites debate on the positions taken.

Stephan Hawranick Serra Volume 10(2006) A56-67

IJCCR vol 10 (2006) 6 Serra

To cite this article: Serra, S.H. (2006) ‘Establishing Time Based Community Currencies: Means of Measure, Exchange and Storage’ International Journal of Community Currency Research 10 56-67 <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2006.007

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Argentina in the Red: What can the UK’s Regional Economies Learn from the Argentinian Banking Crisis?

This paper explores the growth of community currencies in Argentina following the financial collapse of 2001 and draws lessons for local economies in developed economies. The paper begins with a brief profile of the Argentinian economy, which is seen to be highly sophisticated and successful. The reasons for the banking crisis of 2001 are then explained, focusing especially on monetarist IMF policies and their disastrous effect on the real economy of Argentina. Information is then given about the nature of the Red Global de Trueque (global barter network), its link to the ecological movement, and its development into a fully fledged system of alternative currencies following the monetary crisis. Problems facing the system as it expanded, and its relationship with local political authorities, and their own alternative currencies are described. Links are then drawn between the problems facing the Argentinian economy in 2001 and those facing many local economies in the UK facing long-term recession, particularly in terms of low levels of monetisation and the low value of the local multiplier. The paper concludes that a local economy with a functioning currency under its control is in a strong position to withstand potential crises in the functioning of the global economy.

Molly Scott Cato Volume 10(2006) A43-55

IJCCR vol 10 (2006) 5 Scott Cato

To cite this article: Cato, M.S. (2006) ‘Argentina in the Red: What can the UK’s Regional Economies Learn from the Argentinian Banking Crisis?’ International Journal of Community Currency Research 10 43-55 <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2006.006

Community Exchange and Trading Systems in Germany

The article offers an overview of local and regional exchange systems in Germany. Historic as well as present-day systems are considered. They are analysed within the context of their social environment. The paper also provides an introduction to the German literature about these systems. It will be demonstrated that practical and theoretical developments are closely interlinked.

Rolf F. H. Schroeder Volume 10(2006) A24-42

IJCCR vol 10 (2006) 4 Schroeder

To cite this article: Schroeder, R. (2006) ‘Community Exchange and Trading Systems in Germany’ International Journal of Community Currency Research 10 24-42 <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2006.005

A Proposal for a Brazilian Education Complementary Currency

The aim of this paper is to provide a brief introduction to a proposal for a complementary currency in the education sector in Brazil. Reviewing the background, objectives, scope and approach adopted, it intention is to reveal not only how it is wholly feasible to construct complementary currencies which are targeted at specific sectors but also to open up discussion of whether and how complementary currencies might be employed in the education sector more generally.

Bernard Lietaer Volume 10(2006) A18-23

IJCCR vol 10 (2006) 3 Lietaer

To cite this article: Lietaer, B. (2006) ‘A Proposal for a Brazilian Education Complementary Currency’ International Journal of Community Currency Research 10 18-23 <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2006.004

2005 Yearly Report of the Worldwide Database of Complementary Currency Systems

The Worldwide Database of Complementary Currency Systems is designed to collect vital statistics on a broad variety of indicators related to the function of all types of complementary currency systems. The reason for collecting this information is to provide an accurate statistical and scientific understanding of different types of systems and identify a set of performance indicators from which to make comparisons. From this foundation of knowledge our intention is to open a communication channel that links complementary currency systems together to allow experience, information and knowledge to be exchanged, which contributes to the improvement and growth of our efforts. The information is presented in a wide variety of ways: according to the region, country and the indicators listed, in table and graph forms, using both bar and pie charts. This level of simplicity and flexibility creates a complexity that is sufficient to allow researchers to drill for information from the international level all the way down to the community level.

Stephen DeMeulenaere Volume 10(2006) B8-17

IJCCR vol 10 (2006) 2 DeMeulenaere

To cite this article: DeMeulenaere, S. (2006) ‘2005 Yearly Report of the Worldwide Database of Complementary Currency Systems’ International Journal of Community Currency Research 10 8-17 <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2006.003

Complementary Currency Innovation: Self-guarantee in peer-to-peer currencies

The WAT system, as used in Japan, allows for businesses to issue their own tickets (IOUs) which can circulate as a complementary currency within a community. This paper proposes a variation on that model, where the issuer of a ticket can offer a guarantee, in the form of some goods or services. The difference in value, along with a reasonable acceptance that the issuer is capable of delivering the service or goods, allows for a higher degree of confidence in the ticket, and therefore a greater liquidity.

Mitra Ardon and Bernard Lietaer Volume 10(2006) A1-7

IJCCR vol 10 (2006) 1 Ardron and Lietaer

To cite this article: Ardon, M. and Lietaer, B. (2006) ‘Complementary Currency Innovation: Self-guarantee in peer-to-peer currencies’ International Journal of Community Currency Research 10 1-7 <www.ijccr.net> ISSN  1325-9547 http://dx.doi.org/10.15133/j.ijccr.2006.002