Gomez Monetary Plurality in Local, Regional and Global Economies

Erscheinungsjahr 2018
ISBN: 978-1-351-98747-9
Verlag: Taylor & Francis
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 314 Seiten

Reihe: Financial History

The book is about monetary plurality, which is the circulation of several currencies at the same time and in the same space. Currency circuits are stable trade systems in which a currency circulates within a community of users, for a specific purpose or for a particular type of product. Monetary plurality has been ubiquitous in history and it exists in over 50 countries around the world with the aims of increasing the flexibility of the formal monetary system, tempering the ups and downs of the business cycles, facilitating local development, promoting environmentally friendly behavior, and alleviating the social distress and isolation caused by economic downturns.

In principle, the book will include eleven chapters in three sections. The first section addresses the phenomenon of monetary plurality from a theoretical point of view, revisits the theories on the nature of money and conceptualizes currency circuits. The second section discusses the persistence of monetary plurality in history and at present. The third section focuses on present cases of complementary currency circuits in Japan, France, Canada, and Argentina and their effects on the local economy, the environment and communities.

There are no books that deal specifically with monetary plurality from an academic perspective, so it is difficult to choose a comparable benchmark. However, the topic is well established and there is a dedicated journal (www.ijccr.net) with 19 volumes as well as various articles in various academic journals. There are books on the topic written in French, and volumes for a general audience, for example practitioners, focused on the ‘how to do’ complementary currency systems. The most popular in the category of books for practitioners and general public includes books authored by Bernard Lietaer, Margrit Kennedy and Thomas Greco. For example,

Autoren/Hrsg.

Gomez, Georgina

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft

Inhaltsverzeichnis

1. Introduction: Conceptualising monetary plurality and currency circuits

Part I. Theoretical approaches on the nature of money and conceptualization of monetary plurality

2. Theoretical views on economies with multiple currencies

3. Micro-meso connections and institutions, how individual behavior and perceptions generate a currency as collective local institution

4. Currency circuits as club goods (neither public nor private money)

Part II. Local economies with several currencies

5. Articulation between currencies and their roles: how do different monies co-exist?

6. Historical experiences of cash famines and recurrence of economies with various currencies

7. "Monetary federalism" as principle of governance: can different regions have their own currencies in a country?

8. Community dock as diagnose of community life and how own local currency can contribute to revitalise community

Part III. Implications of monetary plurality

9. Local money for sustainable development (France and Canada)

10. Relationship between peoples’ money consciousness and currency circuits: A sustainable development case study of forest volunteer activities in Japan

11. Multiple currencies in Argentina, what did each currency achieve that the others did not?

Über Autor(innen)

Georgina M. Gómez is Senior Lecturer in Institutions and Local Development at the International Institute of Social Studies of Erasmus University Rotterdam.