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Time Banking: The Missing Link

Author

Listed:
  • Bibhu Dash

    (Chitkara University)

  • Namrata Sandhu

    (Chitkara University)

Abstract

This study encompasses a thorough literature review of studies on the concept of alternative capital, community currency, time banking, time exchanges and how Time Banks impact the cultural, emotional and social elements of individuals. It also tries to emphasize if alternative money is an inherent need to achieve wholesome capital and if so what factors influence it. The study starts by trying to find various forms of capital and if there exists an inherent need for individuals to look beyond existing currency to alternate forms of capital in order to achieve wholesome satisfaction from capital. It goes further encompassing a thorough literature review of research done on the concepts of alternative capital, community currency, Time Banking, time exchanges and factors dominating the need for such alternate currency exchange systems. The findings focus on the ways in which Time Banks impact the cultural, emotional and social fabric of individuals while, exploring if the concept of Time Banking could be a missing solution for integrated social inclusion of vulnerable communities.

Suggested Citation

  • Bibhu Dash & Namrata Sandhu, 2018. "Time Banking: The Missing Link," Development, Palgrave Macmillan;Society for International Deveopment, vol. 61(1), pages 164-171, December.
    • Handle: RePEc:pal:develp:v:61:y:2018:i:1:d:10.1057_s41301-018-0177-2
    DOI: 10.1057/s41301-018-0177-2
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    References listed on IDEAS

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    1. David Boyle, 2014. "The Potential of Time Banks to support Social Inclusion and Employability: An investigation of the use of reciprocal volunteering and complementary currencies for social impact," JRC Research Reports JRC85642, Joint Research Centre.
    2. Lukas Valek, 2016. "Open Ways for Time Banking Research: Project Management and Beyond," International Journal of Human Capital and Information Technology Professionals (IJHCITP), IGI Global, vol. 7(1), pages 35-47, January.
    3. Colin C. Williams, 2004. "Informal volunteering: Some lessons from the United Kingdom," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 23(3), pages 613-616.
    4. Seyfang, Gill & Longhurst, Noel, 2013. "Growing green money? Mapping community currencies for sustainable development," Ecological Economics, Elsevier, vol. 86(C), pages 65-77.
    5. Ed Collom, 2005. "Community Currency in the United States: The Social Environments in Which it Emerges and Survives," Environment and Planning A, , vol. 37(9), pages 1565-1587, September.
    6. Gill Seyfang, 2003. "Growing cohesive communities one favour at a time: social exclusion, active citizenship and time banks," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 27(3), pages 699-706, September.
    7. Peter North, 2003. "Time Banks — Learning the Lessons from LETS?," Local Economy, London South Bank University, vol. 18(3), pages 267-270, August.
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