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Community currencies and sustainable development: A systematic review


  • Michel, Arnaud
  • Hudon, Marek


Community or complementary currency systems have spread all around the world. Most often, they have been promoted as tools to foster sustainable development albeit they differ in terms of specific objectives. While many case studies have tried to assess the actual impact of these systems, there has been no global analysis summarizing their global impact.

Suggested Citation

  • Michel, Arnaud & Hudon, Marek, 2015. "Community currencies and sustainable development: A systematic review," Ecological Economics, Elsevier, vol. 116(C), pages 160-171.
  • Handle: RePEc:eee:ecolec:v:116:y:2015:i:c:p:160-171
    DOI: 10.1016/j.ecolecon.2015.04.023

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    References listed on IDEAS

    1. Theresa Aldridge & Jane Tooke & Roger Lee & Andrew Leyshon & Nigel Thrift & Colin Williams, 2001. "Recasting Work: The Example of Local Exchange Trading Schemes," Work, Employment & Society, British Sociological Association, vol. 15(3), pages 565-579, September.
    2. Michael S Evans, 2009. "Zelizer's Theory of Money and the Case of Local Currencies," Environment and Planning A, , vol. 41(5), pages 1026-1041, May.
    3. Joachain, Hélène & Klopfert, Frédéric, 2014. "Smarter than metering? Coupling smart meters and complementary currencies to reinforce the motivation of households for energy savings," Ecological Economics, Elsevier, vol. 105(C), pages 89-96.
    4. Gill Seyfang & Ruth Pearson, 2000. "Time for Change: International experience in community currencies," Development, Palgrave Macmillan;Society for International Deveopment, vol. 43(4), pages 56-60, December.
    5. Ed Collom, 2005. "Community currency in the United States: the social environments in which it emerges and survives," Environment and Planning A, Pion Ltd, London, vol. 37(9), pages 1565-1587, September.
    6. Seyfang, Gill & Longhurst, Noel, 2013. "Growing green money? Mapping community currencies for sustainable development," Ecological Economics, Elsevier, vol. 86(C), pages 65-77.
    7. Michael S Evans, 2009. "Zelizer’s theory of money and the case of local currencies," Environment and Planning A, Pion Ltd, London, vol. 41(5), pages 1026-1041, May.
    8. Stodder, James, 2009. "Complementary credit networks and macroeconomic stability: Switzerland's Wirtschaftsring," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 79-95, October.
    9. Gomez, Georgina M. & Helmsing, A.H.J., 2008. "Selective Spatial Closure and Local Economic Development: What Do We Learn from the Argentine Local Currency Systems?," World Development, Elsevier, vol. 36(11), pages 2489-2511, November.
    10. Powell, J., 2002. "Petty capitalism, perfecting capitalism or post-capitalism? : lessons from the Argentinian barter network," ISS Working Papers - General Series 19101, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    11. Morvant-Roux, Solène & Guérin, Isabelle & Roesch, Marc & Moisseron, Jean-Yves, 2014. "Adding Value to Randomization with Qualitative Analysis: The Case of Microcredit in Rural Morocco," World Development, Elsevier, vol. 56(C), pages 302-312.
    12. Fraňková, Eva & Fousek, Jan & Kala, Lukáš & Labohý, Jan, 2014. "Transaction network analysis for studying Local Exchange Trading Systems (LETS): Research potentials and limitations," Ecological Economics, Elsevier, vol. 107(C), pages 266-275.
    13. Bob Giddings & Bill Hopwood & Geoff O'Brien, 2002. "Environment, economy and society: fitting them together into sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 10(4), pages 187-196.
    14. Douthwaite, Richard, 2012. "Degrowth and the supply of money in an energy-scarce world," Ecological Economics, Elsevier, vol. 84(C), pages 187-193.
    15. Ekins, Paul, 1993. "'Limits to growth' and 'sustainable development': grappling with ecological realities," Ecological Economics, Elsevier, vol. 8(3), pages 269-288, December.
    16. Williams, Colin C., 1996. "The New Barter Economy: An Appraisal of Local Exchange and Trading Systems (LETS)," Journal of Public Policy, Cambridge University Press, vol. 16(01), pages 85-101, January.
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    Cited by:

    1. repec:eee:ecolec:v:140:y:2017:i:c:p:123-135 is not listed on IDEAS
    2. Camille Meyer & Marek Hudon, 2017. "Alternative organizations in finance: commoning in complementary currencies," Working Papers CEB 17-015, ULB -- Universite Libre de Bruxelles.


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