Общностните валути като инструмент за противодействие срещу нежеланите аспекти от икономическата криза (Community currencies as a counter tool to unacceptable aspects of economic crisis)

Toncheva, Rossitsa (2012): Общностните валути като инструмент за противодействие срещу нежеланите аспекти от икономическата криза (Community currencies as a counter tool to unacceptable aspects of economic crisis). Published in: The Bulgarian Financial System in the Context of the European Turbulences , Vol. 1, No. 3th International Scientific Conference (2013): pp. 172-178.

Abstract

The questions which the global crises insistently sets today once again head to the organization of monetary circulation. Many scientists defend the proposal to eliminate the state monopoly, respectively the central bank monopoly as the only issuer of currency and to be allowed the circulation of the complementary currencies as a local legal tender altogether with the national currency. On this base the setting of currency communities has some logic. Practically, these types of complementary currencies are constructed as microstructures and are proof of favorable impact to social-economy activity at local level. Data indicates that they are beneficial to both the participants and the higher rank economic systems as the community, the state, the union. This paper studies the positive impact of community currencies to the community welfare, if they are used but not the degree of this impact compared to another measures types during crises.

• Item Type: MPRA Paper
• English Title: Community currencies as a counter tool to unacceptable aspects of economic crisis
• Language: Bulgarian
• Keywords: Community Money, Complementary Currencies, Monetary Systems, Financial Crises
• Subjects: E - Macroeconomics and Monetary Economics > E0 - General > E00 - General; E - Macroeconomics and Monetary Economics > E0 - General > E01 - Measurement and Data on National Income and Product Accounts and Wealth ; Environmental Accounts; E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E40 - General; E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E42 - Monetary Systems ; Standards ; Regimes ; Government and the Monetary System ; Payment Systems; P - Economic Systems > P4 - Other Economic Systems > P44 - National Income, Product, and Expenditure ; Money ; Inflation

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