Establishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency

<span class="abs_content">In 2015–16 in Valle d'Aosta – a small autonomous region in northwestern Italy – some local politicians entered into dialogue with each other and the population on the suitability of a complementary currency in the regional territory. Despite the willing...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Joselle Dagnes, Luca Storti
Formato:	article
Lenguaje:	EN
Publicado:	Coordinamento SIBA 2020
Materias:	complementary currency money creation local development social innovation local governments Political science (General) JA1-92
Acceso en línea:	https://doaj.org/article/50222fd4dda54003a9d35551adc26578
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:50222fd4dda54003a9d35551adc26578
record_format	dspace
spelling	oai:doaj.org-article:50222fd4dda54003a9d35551adc265782021-11-21T15:11:41ZEstablishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency1972-76232035-660910.1285/i20356609v13i1p540https://doaj.org/article/50222fd4dda54003a9d35551adc265782020-04-01T00:00:00Zhttp://siba-ese.unisalento.it/index.php/paco/article/view/22000https://doaj.org/toc/1972-7623https://doaj.org/toc/2035-6609<span class="abs_content">In 2015–16 in Valle d'Aosta – a small autonomous region in northwestern Italy – some local politicians entered into dialogue with each other and the population on the suitability of a complementary currency in the regional territory. Despite the willingness of the promoters, the complementary currency was not launched in the end, partly for contingent reasons (regarding, inter alia, the definition of new political priorities and alliances), partly because of issues that were structural in nature: i.e. lack of structural embeddedness hindering collective action, inter-group ties and personal trust; and a low degree of institutional trust and of institutional transparency. Taking this case into account, this article aims to deepen understanding of the socio-institutional conditions that may favor or, on the contrary, hinder monetary innovation in a local context. Specifically, we highlight the lack of compactness of the proposal – concerning objectives, timing and territorial scale of implementation – and the emergence of a logic of competition with other political and entrepreneurial actors of the territory as the main weaknesses of the project. Furthermore, we show that a balance between the public and private spheres, leading to a heterophile and polycentric network, is needed in order to facilitate the implementation of a complementary currency.</span><br />Joselle DagnesLuca StortiCoordinamento SIBAarticlecomplementary currencymoney creationlocal developmentsocial innovationlocal governmentsPolitical science (General)JA1-92ENPartecipazione e Conflitto, Vol 13, Iss 1, Pp 540-563 (2020)
institution	DOAJ
collection	DOAJ
language	EN
topic	complementary currency money creation local development social innovation local governments Political science (General) JA1-92
spellingShingle	complementary currency money creation local development social innovation local governments Political science (General) JA1-92 Joselle Dagnes Luca Storti Establishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency
description	<span class="abs_content">In 2015–16 in Valle d'Aosta – a small autonomous region in northwestern Italy – some local politicians entered into dialogue with each other and the population on the suitability of a complementary currency in the regional territory. Despite the willingness of the promoters, the complementary currency was not launched in the end, partly for contingent reasons (regarding, inter alia, the definition of new political priorities and alliances), partly because of issues that were structural in nature: i.e. lack of structural embeddedness hindering collective action, inter-group ties and personal trust; and a low degree of institutional trust and of institutional transparency. Taking this case into account, this article aims to deepen understanding of the socio-institutional conditions that may favor or, on the contrary, hinder monetary innovation in a local context. Specifically, we highlight the lack of compactness of the proposal – concerning objectives, timing and territorial scale of implementation – and the emergence of a logic of competition with other political and entrepreneurial actors of the territory as the main weaknesses of the project. Furthermore, we show that a balance between the public and private spheres, leading to a heterophile and polycentric network, is needed in order to facilitate the implementation of a complementary currency.</span><br />
format	article
author	Joselle Dagnes Luca Storti
author_facet	Joselle Dagnes Luca Storti
author_sort	Joselle Dagnes
title	Establishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency
title_short	Establishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency
title_full	Establishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency
title_fullStr	Establishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency
title_full_unstemmed	Establishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency
title_sort	establishing, or failing? that is the (puzzling) question. an attempt to introduce a complementary currency
publisher	Coordinamento SIBA
publishDate	2020
url	https://doaj.org/article/50222fd4dda54003a9d35551adc26578
work_keys_str_mv	AT joselledagnes establishingorfailingthatisthepuzzlingquestionanattempttointroduceacomplementarycurrency AT lucastorti establishingorfailingthatisthepuzzlingquestionanattempttointroduceacomplementarycurrency
_version_	1718418762456104960

Establishing, or Failing? That Is the (Puzzling) Question. An Attempt to Introduce a Complementary Currency

Ejemplares similares