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Formes et rationalités du localisme monétaire

Listed author(s):
  • Blanc, Jérôme

    (Université Lumière Lyon 2 et Centre Auguste et Léon Walras)

This paper deals with monetary localism. It is defined as the organization of a location of exchanges within a specific space by means of an adaptation of the existing monetary system or the construction of a proper monetary system. The paper brings up the forms taken by monetary localism since the 1980’s, which experiences a very strong dynamics. It distinguishes between three localisms: a State territorial localism, an infra-State territorial localism and a community localism. It draws four rationalities whose diverse combinations characterize the varied cases of contemporary monetary localisms: to gain incomes, to protect the local space, to revitalize the local activity and to transform the nature of exchanges. Five examples illustrate these combinations. The paper argues that it can be relevant to analyze under the category of monetary localism phenomena which are however generally distinguished. Drawing rationalities at work in these phenomena enables to understand this unity beyond the variety of the forms of monetary localism. Ce texte traite du localisme monétaire. Il est défini comme l’organisation d’une localisation des échanges au sein d’un espace spécifique au moyen d’une adaptation du système monétaire existant ou de la construction d’un système monétaire ad hoc. Le texte met en avant les formes prises par le localisme monétaire depuis les années quatre-vingt, qui connaît une dynamique très forte. Il distingue un localisme territorial étatique, un localisme territorial infraétatique et un localisme communautaire. Il dégage quatre rationalités dont les diverses combinaisons caractérisent les multiples cas de localisme monétaire contemporains : capter des revenus, protéger l’espace local, dynamiser l’activité locale et transformer la nature des échanges. Cinq exemples illustrent ces combinaisons. La thèse développée est qu’il peut être pertinent d’analyser sous la même bannière du localisme monétaire des phénomènes qui, en général, sont pourtant singularisés ; la mise à jour des rationalités à l’oeuvre permet de saisir cette unité au-delà de la diversité des formes de localisme monétaire.

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Article provided by Société Canadienne de Science Economique in its journal L'Actualité économique.

Volume (Year): 78 (2002)
Issue (Month): 3 (Septembre)
Pages: 347-369

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Handle: RePEc:ris:actuec:v:78:y:2002:i:3:p:347-369
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  1. Fischer, Stanley, 1982. "Seigniorage and the Case for a National Money," Journal of Political Economy, University of Chicago Press, vol. 90(2), pages 295-313, April.
  2. Friedman, Milton, 1971. "Government Revenue from Inflation," Journal of Political Economy, University of Chicago Press, vol. 79(4), pages 846-856, July-Aug..
  3. Jérôme Blanc, 1998. "Les monnaies parallèles : évaluation et enjeux théoriques du phénomène," Revue d'Économie Financière, Programme National Persée, vol. 49(5), pages 81-102.
  4. Jérôme Blanc, 1998. "Les monnaies parallèles : évaluation du phénomène et enjeux théoriques," Post-Print halshs-00111647, HAL.
  5. Jean-François Ponsot, 2015. "Currency boards," Post-Print halshs-01114814, HAL.
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