Selective Spatial Closure and Local Economic Development: What Do We Learn from the Argentine Local Currency Systems?
Summary This paper discusses local currency systems as an instrument of selective spatial closure to mitigate impacts of externally induced changes and to promote endogenous local economic development. Drawing on data collected in Argentina, it was found that local currency systems provided relatively protected economic spaces, thus enabling poor households--and especially women--to launch micro-enterprises and diversify income sources. They also supported existing enterprises by offering an emergency market outlet and, when combined with other measures, by building local trading and production networks. Following recent theory on local economic development, the Argentine case represents an example of local economic regeneration.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Allen J. Scott & Michael Storper, 2007.
"Regions, Globalization, Development,"
Taylor & Francis Journals, vol. 41(sup1), pages S191-S205.
- Rabellotti, Roberta, 1999. "Recovery of a Mexican Cluster: Devaluation Bonanza or Collective Efficiency?," World Development, Elsevier, vol. 27(9), pages 1571-1585, September.
- R Lee, 1996. "Moral money? LETS and the social construction of local economic geographies in Southeast England," Environment and Planning A, Pion Ltd, London, vol. 28(8), pages 1377-1394, August.
- Rabellotti, Roberta, 1995. "Is there an "industrial district model"? Footwear districts in Italy and Mexico compared," World Development, Elsevier, vol. 23(1), pages 29-41, January.
- Michael Porter, 2003. "The Economic Performance of Regions," Regional Studies, Taylor & Francis Journals, vol. 37(6-7), pages 549-578.
- M.S. Peacock, 2000. "Local Exchange Trading Systems: A Solution to the Employment Dilemma?," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 71(1), pages 55-78, 03.
- Mccormick, Dorothy, 1999. "African Enterprise Clusters and Industrialization: Theory and Reality," World Development, Elsevier, vol. 27(9), pages 1531-1551, September.
- Ash Amin, 1999. "An Institutionalist Perspective on Regional Economic Development," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 23(2), pages 365-378, 06.
- Clive Lawson & Edward Lorenz, 1999. "Collective Learning, Tacit Knowledge and Regional Innovative Capacity," Regional Studies, Taylor & Francis Journals, vol. 33(4), pages 305-317.
- Blanc, Jérôme, 2002.
"Formes et rationalités du localisme monétaire,"
Société Canadienne de Science Economique, vol. 78(3), pages 347-369, Septembre.
- David Keeble & Clive Lawson & Barry Moore & Frank Wilkinson, 1999. "Collective Learning Processes, Networking and 'Institutional Thickness' in the Cambridge Region," Regional Studies, Taylor & Francis Journals, vol. 33(4), pages 319-332.
- Schmitz, Hubert, 1995. "Small shoemakers and fordist giants: Tale of a supercluster," World Development, Elsevier, vol. 23(1), pages 9-28, January.
- Jérôme Blanc, 2006. "Les monnaies sociales : un outil et ses limites. Introduction générale," Post-Print halshs-00085784, HAL.
- Knorringa, Peter, 1999. "Agra: An Old Cluster Facing the New Competition," World Development, Elsevier, vol. 27(9), pages 1587-1604, September.
- Paul Lawless, 2001. "Community economic development in urban and regional regeneration: unfolding potential or justifiable scepticism?," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 19(1), pages 135-155, February.
- John Humphrey & Hubert Schmitz, 2002. "How does insertion in global value chains affect upgrading in industrial clusters?," Regional Studies, Taylor & Francis Journals, vol. 36(9), pages 1017-1027.
- Ron Shaffer & Steve Deller & Dave Marcouiller, 2006. "Rethinking Community Economic Development," Economic Development Quarterly, , vol. 20(1), pages 59-74, February.
- Schmitz, Hubert, 1999. "Global Competition and Local Cooperation: Success and Failure in the Sinos Valley, Brazil," World Development, Elsevier, vol. 27(9), pages 1627-1650, September.
- Humphrey, John, 1995. "Industrial reorganization in developing countries: From models to trajectories," World Development, Elsevier, vol. 23(1), pages 149-162, January.
- Gordon MacLeod, 2001. "Beyond soft institutionalism: accumulation, regulation, and their geographical fixes," Environment and Planning A, Pion Ltd, London, vol. 33(7), pages 1145-1167, July.
- Schmitz, Hubert, 1999. "Collective Efficiency and Increasing Returns," Cambridge Journal of Economics, Oxford University Press, vol. 23(4), pages 465-83, July.
- Humphrey, John & Schmitz, Hubert, 1996. "The Triple C approach to local industrial policy," World Development, Elsevier, vol. 24(12), pages 1859-1877, December.
When requesting a correction, please mention this item's handle: RePEc:eee:wdevel:v:36:y:2008:i:11:p:2489-2511. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.