LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION

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...

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Autores principales:	Oleg E. Kalenov, Sergey N. Kukushkin
Formato:	article
Lenguaje:	RU
Publicado:	Plekhanov Russian University of Economics 2018
Materias:	local currency small business entrepreneur customer resources economy intensification means of circulation Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/af1c41462c64482b9f6b4a74b7c84238
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id	oai:doaj.org-article:af1c41462c64482b9f6b4a74b7c84238
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spelling	oai:doaj.org-article:af1c41462c64482b9f6b4a74b7c842382021-11-15T05:20:46ZLOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION2413-28292587-925110.21686/2413-2829-2018-1-100-106https://doaj.org/article/af1c41462c64482b9f6b4a74b7c842382018-02-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/435https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The 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.Oleg E. KalenovSergey N. KukushkinPlekhanov Russian University of Economicsarticlelocal currencysmall businessentrepreneurcustomerresourceseconomy intensificationmeans of circulationEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 1, Pp 100-106 (2018)
institution	DOAJ
collection	DOAJ
language	RU
topic	local currency small business entrepreneur customer resources economy intensification means of circulation Economics as a science HB71-74
spellingShingle	local currency small business entrepreneur customer resources economy intensification means of circulation Economics as a science HB71-74 Oleg E. Kalenov Sergey N. Kukushkin LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION
description	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.
format	article
author	Oleg E. Kalenov Sergey N. Kukushkin
author_facet	Oleg E. Kalenov Sergey N. Kukushkin
author_sort	Oleg E. Kalenov
title	LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION
title_short	LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION
title_full	LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION
title_fullStr	LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION
title_full_unstemmed	LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION
title_sort	local currency as a method of economy intensification
publisher	Plekhanov Russian University of Economics
publishDate	2018
url	https://doaj.org/article/af1c41462c64482b9f6b4a74b7c84238
work_keys_str_mv	AT olegekalenov localcurrencyasamethodofeconomyintensification AT sergeynkukushkin localcurrencyasamethodofeconomyintensification
_version_	1718428701410983936

LOCAL CURRENCY AS A METHOD OF ECONOMY INTENSIFICATION

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