LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION

Вестник Российского экономического университета имени Г. В. Плеханова

Sergey N. Kukushkin¹  Oleg E. Kalenov¹ 

[1] Plekhanov Russian University of Economics;

关键词: local currency;    small business;    entrepreneur;    customer;    resources;    economy intensification;    means of circulation;   

DOI  :  10.21686/2413-2829-2018-1-100-106

来源: DOAJ

【 摘 要 】

The article describes local currency as an additional means of payment functioning along with the national currency on a certain  limited territory or within a certain community. The authors  characterize this type of currencies, identify their aims and forms  and analyze foreign and home experience of using them. The article  puts forward a mechanism of local currency circulation by describing  its key elements. In this case the combination of three main factors  is necessary: participation of those who deal with production and  consumption, support of local authorities and interaction with local  banks and other finance and credit organizations. The authors  advance a hypothesis about the beginning of the stage of  transforming currency interactions, when horizontal ties between  currencies give rise to vertical structure of these relations.

【 授权许可】

Unknown