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Understanding the Role of Governments and Administrations in the Implementation of Community and Complementary Currencies

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  • Jérôme Blanc
  • Marie Fare

Abstract

This text focuses on the role of governments and administrations in the emergence, spread, development and differentiation of community and complementary currency schemes (CCs), highlighting their role as potential support for experimentation. This support can take various forms: technical, financial, fiscal, official and/or legal recognition. We present first the role of governments,mostly local, in the emergence and development of four generations of CCs. We distinguish then a series of modes of action of governments at central and local levels. This leads to identify the interest of being supported (greater professionalism, greater complexity and possibly greater impact) while emphasizing the risks linked to public support as well.
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Suggested Citation

  • Jérôme Blanc & Marie Fare, 2013. "Understanding the Role of Governments and Administrations in the Implementation of Community and Complementary Currencies," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 84(1), pages 63-81, March.
    • Handle: RePEc:bla:annpce:v:84:y:2013:i:1:p:63-81
    DOI: 10.1111/apce.2013.84.issue-1
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    File URL: http://hdl.handle.net/10.1111/10.1111/apce.2013.84.issue-1
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    Cited by:

    1. Francisco Javier García-Corral & Jaime de Pablo-Valenciano & Juan Milán-García & José Antonio Cordero-García, 2020. "Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles," Sustainability, MDPI, vol. 12(14), pages 1-22, July.
    2. Georgina M. Gómez & Paolo Dini, 2016. "Making sense of a crank case: monetary diversity in Argentina (1999–2003)," Cambridge Journal of Economics, Oxford University Press, vol. 40(5), pages 1421-1437.
    3. Marie Fare & Pepita Ould Ahmed, 2014. "Complementary currency systems questioning social and economic changes," Working Papers ird-01088492, HAL.
    4. Jérôme Blanc & Marie Fare, 2018. "Pathways to Improvement. Successes and Difficulties of Local Currency Schemes in France since 2010," Post-Print halshs-01996923, HAL.
    5. Louis Larue & Camille Meyer & Marek Hudon & Joakim Sandberg, 2022. "The Ethics of Alternative Currencies," ULB Institutional Repository 2013/341622, ULB -- Universite Libre de Bruxelles.
    6. Nina Stępnicka & Grzegorz Zimon & Dariusz Brzozowiec, 2021. "The Complementary Currency Zielony in Poland and Its Importance for the Development of Local Economy Entities during the COVID-19 Pandemic Lockdown," Sustainability, MDPI, vol. 13(16), pages 1-26, August.
    7. Louis Larue, 2022. "The case against alternative currencies," Politics, Philosophy & Economics, , vol. 21(1), pages 75-93, February.

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