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Complementary currencies: what role should they be playing in local and regional government?

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  • Alessandro Spano
  • John Martin

Abstract

The current climate of fiscal austerity has seen a resurgence in ‘complementary currencies’ as local and regional governments look for ways to use under-utilized assets, maintain employment and avoid local economic decline. The authors explore how local and regional governments can facilitate complementary currencies to reduce the impact of external economic shocks and enable their economies to continue to function in the face of austerity. They recommend that localities consider participating in existing complementary currency ‘circles’.

Suggested Citation

  • Alessandro Spano & John Martin, 2018. "Complementary currencies: what role should they be playing in local and regional government?," Public Money & Management, Taylor & Francis Journals, vol. 38(2), pages 139-146, February.
    • Handle: RePEc:taf:pubmmg:v:38:y:2018:i:2:p:139-146
    DOI: 10.1080/09540962.2018.1407162
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    Cited by:

    1. Pezhwak Kokabian, 2020. "Black Currency of Middle Ages and Case for Complementary Currency," JRFM, MDPI, vol. 13(6), pages 1-9, June.
    2. Bruno Nogueira Silva & Wesley Vieira Silva & Alvaro Fabiano Pereira Macêdo & Natallya Almeida Levino & Luciano Luiz Dalazen & Fabíola Kaczam & Claudimar Pereira Veiga, 2024. "A systematic review on social currency: a one-decade perspective," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(2), pages 636-652, June.
    3. Alexandra Lenis Escobar & Ramón Rueda López & Jorge E. García Guerrero & Enrique Salinas Cuadrado, 2020. "Design of Strategies for the Implementation and Management of a Complementary Monetary System Using the SWOT-AHP Methodology," Sustainability, MDPI, vol. 12(17), pages 1-23, August.

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