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Pathways to Improvement. Successes and Difficulties of Local Currency Schemes in France since 2010

Author

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  • Jérôme Blanc

    (TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique)

  • Marie Fare

    (TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique)

Abstract

This text contemplates the difficulties of French local currencies and the pathways to improvement, in the event of greater sustainability at the local level. After a panorama of the French local currencies , and the observation of a disappointment from a quantity viewpoint, the paper discusses requirements and improvements for a local currency (LC) to contribute to a greater sustainability at the local level. It presents the notion of the relevant territory for a local currency. It then discusses a few crucial points of improvement and the difficulties they face: the role of local governments as major partners; the need for employees in order to constitute a permanent basis for the scheme's activity and development; the need for an digital counterpart of the currency; the need for financing activities. The conditions for a ripple effect are eventually discussed.

Suggested Citation

  • Jérôme Blanc & Marie Fare, 2018. "Pathways to Improvement. Successes and Difficulties of Local Currency Schemes in France since 2010," Post-Print halshs-01996923, HAL.
    • Handle: RePEc:hal:journl:halshs-01996923
    DOI: 10.15133/j.ijccr.2018.006
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01996923
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    References listed on IDEAS

    as
    1. Jérôme Blanc & Marie Fare, 2013. "Understanding the Role of Governments and Administrations in the Implementation of Community and Complementary Currencies," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 84(1), pages 63-81, March.
    2. Jérôme Blanc, 2010. "Community and complementary currencies," Post-Print halshs-00583590, HAL.
    3. Andy Pike & Stuart Dawley & John Tomaney, 2010. "Resilience, adaptation and adaptability," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 3(1), pages 59-70.
    4. Marie Fare & Carlos de Freitas & Camille Meyer, 2015. "Territorial development and community currencies : symbolic meanings in Brazilian community development banks," Post-Print halshs-01133343, HAL.
    5. Jérôme Blanc & Marie Fare, 2016. "Turning values concrete: the role and ways of business selection in local currency schemes," Review of Social Economy, Taylor & Francis Journals, vol. 74(3), pages 298-319, September.
    6. Jérôme Blanc & Marie Fare, 2012. "Les monnaies sociales en tant que dispositifs innovants : une évaluation," Innovations, De Boeck Université, vol. 0(2), pages 67-84.
    7. Jérôme Blanc, 2011. "Classifying "CCs": Community, complementary and local currencies' types and generations," Post-Print halshs-00583587, HAL.
    8. Ron Boschma, 2005. "Proximity and Innovation: A Critical Assessment," Regional Studies, Taylor & Francis Journals, vol. 39(1), pages 61-74.
    9. Jérôme Blanc & Marie Fare, 2016. "Enjeux de l'hybridation des ressources pour les monnaies locales associatives," Post-Print halshs-01627623, HAL.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Yannick Lung & Matthieu Montalban & Leo Malherbe, 2019. "Between territorial and virtual proximities. The digitalization process of the French ecosystem of complementary local currencies," Post-Print hal-03148426, HAL.
    2. Hayyan Alia & Eli Spiegelman, 2020. "Convertible local currency and trust: ‘It’s Not You, It’s Me’ – A field experiment in the French Basque Country," Local Economy, London South Bank University, vol. 35(2), pages 105-120, March.
    3. Oriane Lafuente-Sampietro, 2021. "Convertible local currencies and localisation: findings from a user survey and network analysis of local French currencies," Working Papers halshs-03324630, HAL.
    4. Jeremy September & Shigeto Kobayashi, 2022. "Sustained circulation: A descriptive framework of long-lived Japanese community currencies," Local Economy, London South Bank University, vol. 37(5), pages 364-383, August.

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    Keywords

    local currencies; improvement; sustainability; ripple effects; France;
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