Monetary Plurality in Local, Regional and Global Economies - 9781138280281

Taylor & Francis

Monetary Plurality in Local, Regional and Global EconomiesAuthor(s): Georgina M. Gmez\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138280281, 978-1138280281\nSynopsis\nThe idea that each country should have one currency is so deeply rooted in peoples minds that the possibility of multiple and concurrent currencies seems unthinkable. Monetary systems contribute to problems of high unemployment and social distress during financial and economic crisis, so reforms to increase the responsiveness and flexibility of the monetary system can be part of the solution.\n\nThis book discusses monetary plurality, which is the circulation of several currencies at the same time and space. It addresses how multiple currency circuits work together and transform socio-economic systems, particularly by supporting economies at the local level of regions and cities. The book shows that monetary plurality has been ubiquitous throughout history and.