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Links 1 through 10 of 70 by Michel Bauwens tagged Complementary-Currencies

"As the euro crisis worsened many Greeks began hoarding euros, and more recently there have been small runs on banks. Spending on goods has gone down and prices have been rising. In the Greek city of Volos social entrepreneurship has resulted in a modest but inspiring solution to this trend. One Volos resident started TEM, an online bartering system that allows residents to purchase groceries and other goods in exchange for services while keeping their euros to pay the rent."

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"Shopkeepers in border town of Clones use loophole to bring back Irish notes – and boost the local economy"

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"In de wijk Rabot-Blaisantvest in Gent belonen we inzet voor mooie straten, propere pleinen of een beter milieu met een eigen munt: het Toreke. Op deze site ontdek je wat er te doen is voor het milieu en de buurt en Torekes oplevert. De biljetten van 1 en 10 Torekes zijn echt iets waard. Je kan ermee in de wijk brood, groenten en fruit, maar ook spaarlampen kopen aan het Torekes loket. Alle handelaars die Torekes aannemen, vind je op deze site. Met de Torekes kan je bovendien voordelige kado’s verkrijgen aan het Torekesloket in de Wondelgemstraat 73a. klik hier voor de openingsuren van het loket"

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"what happens to us in this environment when we begin to suffer? When we lose our hours at work or even worse, we lose our jobs? We need to save money, but after you’ve cut as much as you can and still need to cut more what can you do?

You can use your time. The Hour Exchange Local Partnership is a community time bank, a sophisticated bartering system that allows its members to get services without spending money. "

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"Complementary Currency from Brazil and Uruguay - Hosted by IFTF - Institute For The Future "

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"I helped RHD set up their Equal Dollars currency back in the late 90′s. Here is a recent report about it from CNN. "

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"Local currencies are alternative forms of money recognized within location-specific communities, the idea behind their value being that money stay within a community in order to support local businesses. With the continuing economic decline, recent years have seen a return to local values and local currencies represent one way to invest money close to home."

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Part alternative currency, part barter system, part open-air market, the Volos network has grown exponentially in the past year, from 50 to 400 members. It is one of several such groups cropping up around the country, as Greeks squeezed by large wage cuts, tax increases and growing fears about whether they will continue to use the euro have looked for creative ways to cope with a radically changing economic landscape.

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"The Eco-Pesa (Ecological Money) pilot programme has created a community business voucher to benefit the environment and economy of Kongowea, a [slum] district of Mombasa. The voucher acts as a currency that can be exchanged for local goods and services and redeemed for Kenyan Shillings. As Eco-Pesa can only be spent in local businesses within Kongowea, its use creates a direct incentive for residents to take an active role in their community while also helping the local economy and environment."

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