Local Currency: Local Currency, Empowering Communities, Transforming Economies

· Economic Science Book 250 · One Billion Knowledgeable · AI-narrated by Mason (from Google)
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4 hr 31 min
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About this audiobook

What is Local Currency


A local currency is a type of currency that can be used to make purchases at participating organizations within a specific geographical area. This type of currency is used in economics. The difference between a community currency and a regional currency is that the former may be local, while the latter may be used for transaction within an online community. Regional currencies include a greater geographical area than community currencies do. To stimulate spending inside a local community, particularly with locally owned enterprises, a local currency serves as a complimentary currency to a national currency rather than replacing it. Its primary objective is to encourage spending within the community. It is possible that such currencies are not accepted as legal cash and are not supported by a national government. The worldwide database maintained by the Complementary Currency Resource Center has listings for over 300 complementary currencies, which also includes local currencies.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Local currency


Chapter 2: Barter


Chapter 3: Currency


Chapter 4: Local exchange trading system


Chapter 5: Virtual economy


Chapter 6: Time-based currency


Chapter 7: Complementary currency


Chapter 8: Chiemgauer


Chapter 9: Private currency


Chapter 10: Demurrage (currency)


Chapter 11: WIR Bank


Chapter 12: Virtual currency


Chapter 13: Money


Chapter 14: Totnes pound


Chapter 15: The Future of Money


Chapter 16: Margrit Kennedy


Chapter 17: Emissions Reduction Currency System


Chapter 18: Fiscal localism


Chapter 19: Community Exchange System


Chapter 20: Bristol pound


Chapter 21: Sarafu-Credit


(II) Answering the public top questions about local currency.


(III) Real world examples for the usage of local currency in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Local Currency.

About the author

Fouad Sabry is the former Regional Head of Business Development for Applications at HP. Fouad has received his B.Sc. of Computer Systems and Automatic Control in 1996, dual master’s degrees from University of Melbourne (UoM) in Australia, Master of Business Administration (MBA) in 2008, and Master of Management in Information Technology (MMIT) in 2010. Fouad has more than 30 years of experience in Information Technology and Telecommunications fields, working in local, regional, and international companies, such as Vodafone and IBM. Fouad joined HP in 2013 and helped develop the business in tens of markets. Currently, Fouad is an entrepreneur, author, futurist, and founder of One Billion Knowledge (1BK) Initiative.

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