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Community Currencies as Means of Local Economic Empowerment

Authors Ester Barinaga
Michael Oloko
Will Ruddick
María José Zapata Campos
ISBN 978-91-86725-37-2
Publisher Swedish International Centre for Local Democracy
Publication year 2019
Published at Gothenburg Research Institute (GRI)
Centre for Business in Society
Department of Business Administration, Management & Organisation
Language en
Keywords Community currencies; grassroots economic innovations; local governments
Subject categories Business Administration, Sociology


Community currencies have emerged as a tool for building more inclusive local economic development and governance. Grassroots organisations in Nairobi and Mombasa (Kenya) have been experimenting with this form of local monies. Communities in informal settlements in Kisumu have shown interest in intro- ducing their own community currency. Challenges remain concerning the best diffusion strategy of such grassroots monetary innovations among communities and local governments. This policy brief focuses on how to involve residents, civil society, small entrepreneurs as well as local government officers and politicians so as to increase local representation and participation in this grassroots innovation

Page Manager: Webmaster|Last update: 9/11/2012

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