Complementary currency systems as a source of endogenous development of localities

The paper tackles the issue of regional and social development. From a sociological point of view, it focuses on the phenomenon of complementary currency systems. The analysis shows that money, as a social institution, has got certain features, which have an impact on economic behavior of people. Es...

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Main Author: L. Zagata
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2004-10-01
Series:Agricultural Economics (AGRICECON)
Subjects:
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-200410-0007_complementary-currency-systems-as-a-source-of-endogenous-development-of-localities.php
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author L. Zagata
author_facet L. Zagata
author_sort L. Zagata
collection DOAJ
description The paper tackles the issue of regional and social development. From a sociological point of view, it focuses on the phenomenon of complementary currency systems. The analysis shows that money, as a social institution, has got certain features, which have an impact on economic behavior of people. Establishing a currency on the local level, which would circulate as a complement of the national currency, brings certain social benefits to local society. Nowadays, there are many complementary currency systems all over the world, including Europe. The paper attempts to answer the question, how they can contribute to the local development.
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spelling doaj.art-11d774597b8b42f2a5a3feb2985278ca2023-02-23T03:22:32ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952004-10-01501047748410.17221/5236-AGRICECONage-200410-0007Complementary currency systems as a source of endogenous development of localitiesL. Zagata0Czech University of Agriculture, Prague, Czech RepublicThe paper tackles the issue of regional and social development. From a sociological point of view, it focuses on the phenomenon of complementary currency systems. The analysis shows that money, as a social institution, has got certain features, which have an impact on economic behavior of people. Establishing a currency on the local level, which would circulate as a complement of the national currency, brings certain social benefits to local society. Nowadays, there are many complementary currency systems all over the world, including Europe. The paper attempts to answer the question, how they can contribute to the local development.https://agricecon.agriculturejournals.cz/artkey/age-200410-0007_complementary-currency-systems-as-a-source-of-endogenous-development-of-localities.phpendogenous developmenteconomic exchangesocial capitalmoneycomplementary currencylets
spellingShingle L. Zagata
Complementary currency systems as a source of endogenous development of localities
Agricultural Economics (AGRICECON)
endogenous development
economic exchange
social capital
money
complementary currency
lets
title Complementary currency systems as a source of endogenous development of localities
title_full Complementary currency systems as a source of endogenous development of localities
title_fullStr Complementary currency systems as a source of endogenous development of localities
title_full_unstemmed Complementary currency systems as a source of endogenous development of localities
title_short Complementary currency systems as a source of endogenous development of localities
title_sort complementary currency systems as a source of endogenous development of localities
topic endogenous development
economic exchange
social capital
money
complementary currency
lets
url https://agricecon.agriculturejournals.cz/artkey/age-200410-0007_complementary-currency-systems-as-a-source-of-endogenous-development-of-localities.php
work_keys_str_mv AT lzagata complementarycurrencysystemsasasourceofendogenousdevelopmentoflocalities