Monedas complementarias: dinero con valores

Corrons, August

doi:10.17345/rio18.109-134

Cited by 10 publications

(27 citation statements)

References 8 publications

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“…According to Blanc (2006a) in Australia LETS are accepted even by the government as transactions in this currency are subject to value added tax. In comparison to the LETS similar movements arose according to Corrons (2017b) and Blanc (2006b) for example in France (Système d'échange local (SEL)) and in the United States (Time Dollars).…”

Section: Examples Of Social Currenciesmentioning

confidence: 98%

“…As already mentioned, most of the social currency systems emerge as a reaction to the scarcity of money and a lack of jobs during economic crises (Corrons, 2017b). Orzi (2017) notes that for example the governments of Venezuela and Ecuador have established social currency systems in order to promote social initiatives.…”

Section: Examples Of Social Currenciesmentioning

confidence: 99%

“…Another known example of social currencies is the so-called LETS (Local Exchange and Trading System) that emerged in Canada in 1983 as an idea of Michael Linton (Corrons, 2017b). The LETS can be interpreted as a modern version of barter trade and it represents a system that promotes exchange and trade on a limited scale, based on the principles of cooperation, trust and mutual assistance.…”

Section: Examples Of Social Currenciesmentioning

confidence: 99%

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Social Currencies and Cryptocurrencies: Characteristics, Risks and Comparative Analysis

Gómez

Demmler

2018

Ciriec-España

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This article deals with the concepts of social currencies and cryptocurrencies. The objective of the present paper is to identify similarities and differences between to two currency systems which represent a new generation of money that exists alongside the official and legal money system. The paper includes an analysis of the major characteristics of both currencies, their operating mechanisms in global and local contexts, as well as their risks and challenges for the financial markets. The article uses a mainly documentary research method and presents selected contributions of experts on the topics of social currencies and cryptocurrencies. Furthermore, empirical evidence is presented to highlight some important characteristics of the Bitcoin currency. The principal result of the paper is that, indeed there exist similarities between social currencies and cryptocurrencies, as for example the absence of a central bank, a lack of regulation and a limited minting process. However, because of aspects like their different origins, their local vs. global character and their inherent financial risks, the two money systems need to be interpreted as fundamentally different. Especially with reference to globally operating cryptocurrencies, given that there does not exist any public cover of the currency nor sufficient regulation, risk management mechanisms need to be improved in order to diminish the speculative tendencies inherent to this currency.

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Section: Examples Of Social Currenciesmentioning

confidence: 98%

Section: Examples Of Social Currenciesmentioning

confidence: 99%

Section: Examples Of Social Currenciesmentioning

confidence: 99%

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Social Currencies and Cryptocurrencies: Characteristics, Risks and Comparative Analysis

Gómez

Demmler

2018

Ciriec-España

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“…They usually originate from two perspectives: one from the governmental sphere, that is, they are part of some project at the city council level to reinforce conciliation processes on specific issues such as health, public safety or education, against another promoted by volunteers in local neighborhood or non-profit (NP) groups who, by organizing themselves, seek insertion and mutual help in the face of a social crisis (Corrons, 2017).…”

Section: Importance Of Time Banks As a Social Currencymentioning

confidence: 99%

Bancos de tiempo en México: Un intercambio social alternativo

Rivera

Meza²

2020

textual

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La Economía Social Solidaria (ESS), representa un sistema que ofrece enfoques y prácticas diferentes en todos los ámbitos del ciclo económico, coadyuvando a enfrentar los problemas de una desigual distribución de los recursos. Ante este escenario, surgen los Bancos de Tiempo (BdT) como un elemento sistemático alternativo al capitalismo, que mejora las condiciones de vida de las personas, mediante redes de ayuda mutua, e intercambios no monetarios. El objetivo de la investigación es analizar el panorama social de los BdT, valorando el tiempo como recurso permutable, que contribuye en la creación y fortalecimiento de las relaciones humanas. Se expone la importancia de los BdT desde las bases teóricas que lo sostienen: el tiempo convertido en moneda social, la prestación de servicios voluntarios y las oportunidades para México a partir de la disponibilidad de tiempo. Entre los principales hallazgos se encontró que la población subempleada, personas con trabajos no remunerados, voluntarios, entre otros, podrían pertenecer a los BdT; para alcanzar impacto social sostenible en México se requieren esfuerzos entre diferentes actores sociales; e implantar al tiempo como una moneda social complementaria y no como una sustituta.

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“…In recent years, alternative currencies and secondary exchange methods different from legal tender have been developed as mechanisms for stimulating the market [1]. These are so-called complementary currencies (CC).…”

Section: Introductionmentioning

confidence: 99%

Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles

et al. 2020

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Complementary currencies are a reality and are being applied both globally and locally. The aim of this article is to explain the viability of this type of currency and its application in local development, in this case, in a rural mountain municipality in the province of Almería (Spain) called Almócita. The Plus, Minus, Interesting (PMI); “Flying Balloon”; and Strength, Weakness, Opportunity (SWOT) analysis methodologies will be used to carry out the study. Finally, a ranking of success factors will be carried out with a brainstorming exercise. As to the results, there are, a priori, more advantages than disadvantages of implementing these currencies, but the local population has clarified that their main concern is depopulation along with a lack of varied work. As a counterpart to this and strengths or advantages, almost all the participants mention the support from the Almócita city council and the initiatives that are constantly being promoted.

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Monedas complementarias: dinero con valores

Cited by 10 publications

References 8 publications

Social Currencies and Cryptocurrencies: Characteristics, Risks and Comparative Analysis

Social Currencies and Cryptocurrencies: Characteristics, Risks and Comparative Analysis

Bancos de tiempo en México: Un intercambio social alternativo

Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles

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