RAMICS Newsletter #1 RESEARCH ASSOCIATION ON MONETARY INNOVATION AND COMMUNITY AND COMPLEMENTARY MONETARY SYSTEMS March 2017

1. Editorial developed by its members, RAMICS does not intend to develop its own Dear members, research programmes. Rather it aims to As you may know, RAMICS was created on work like any other international academic the 30th of October 2015 in Salvador da research association, whatever the academic Bahia by the collective will of 32 persons field (see for example ESHET or EAEPE). gathered for the 3rd International conference on Social and complementary currencies. To take this forward, the constituent We have slowly achieved some of the goals general assembly named a management set back then. committee composed of Georgina Gómez as Secretary, Rolf Schröder as Treasurer, We are very pleased to launch our first Ariadne Scalfoni Rigo and Makoto Nishibe newsletter since the creation of RAMICS. as other members, and myself as President. This is the opportunity to remind readers of the origins of the association, to report on We were proud to start this adventure and what has been done since, and to outline we were aware of the responsibility we had. some prospects. Please enjoy! We had to build everything in this new house, starting with… the house itself! What’s in a name? RAMICS stands for “Research Association RAMICS’ family on Monetary Innovation and community Well, actually, not everything was to be built and complementary systems”. from the ground up. RAMICS in seeking to achieve its aim as an association that As stated in the Preamble of RAMICS promotes research, does so through three constitution: basic pillars, taking stock of already existing “The mission of the Association is to dynamics. These are: promote academic research on diverse monetary and social exchange systems”. It 1. A biennial conference. Conferences have focuses especially “on innovative schemes been the first steps before the creation of that contribute to economic diversity, social RAMICS: in Lyon first (2011), then in The cohesion, democratic participation and Hague (2013). The creation of RAMICS in environmental sustainability, like Salvador da Bahia (2015) led to formally complementary and community currencies.” establish this principle of a biennial And: “Its main aim is to bring together the conference. Such a regular gathering is of ideas of a number of theorists and uttermost important: in the realm of CCs, theoretical traditions in various scientific with a few thousands of local and specific disciplines to understand in a relevant way cases, with a scattered community of the proliferation of currencies since the turn academic and non-academic researchers, of the millennium. The present plurality of with often problems of means of payment and units of account academic acknowledgement of the works of follows multiple historical precedents and scholars, there is a need to constitute and the association fosters research that would maintain international networks. recognize the role of history and Conferences make people meet, discuss evolutionary processes in the formation of research and build networks. monetary systems within capitalist and non- capitalist economies. It is then focussed on The next conference will be in the varieties of money and currency systems, Barcelona (May, 10-14th), organized by that it aims at analysing in theory as well as August Corrons at the Open university of in policy, notably through connexions with Catalunya (Universitat Oberta de practitioners, policymakers and various Catalunya). A great event happening observers of these systems.” soon (see the presentation of this forthcoming conference in this newsletter). As a volunteer association, which aims at promoting academic-oriented research 2. The International Journal of Community currency research,

RAMICS Newsletter #1 – March 2017 1 RAMICS Newsletter #1 RESEARCH ASSOCIATION ON MONETARY INNOVATION AND COMMUNITY AND COMPLEMENTARY MONETARY SYSTEMS March 2017 founded in 1997 by Colin Williams, then improved. A reason to follow and support directed by Gill Seyfang, and, since 2015, by us! Georgina Gómez. (see some news from the IJCCR in this newsletter). The IJCCR is the Next general assembly only journal that focuses on complementary The Barcelona Conference will be the and community currencies. It does so by occasion to organize the 2016-17 general promoting academic research (from any assembly of the association. It should be discipline) as well as practitioners organized on Friday, 12th of May, 11:30- reflexivity, through an open access journal. 13:30. We look forward to gathering This media is central in the field. RAMICS membership!

3. The CC-Literature Databank, created Jérôme Blanc, President for RAMICS and curated by Rolf Schröder. Once again, this is a unique resource in the field, that 2. Get Ready! Barcelona should be the first stop for any person who is starting research. This is an exciting Conference to come resource and will be a continuous project and regularly updated. It reflects the patient Forthcoming: the IVth International collection of references, their comments and Conference on Social and links to the resources themselves, in English Complementary Currencies (Barcelona, as well as in many other languages. This UOC, 10-14 May 2017) peculiarity should remind us that neither CC schemes nor CC literature is confined to Call for papers on English, and, by the way, every biennial conferences has promoted, up to “Money, Consciousness and Values Barcelona’s, presentations and papers both in English, as today’s lingua franca, and in for Social Change” one or more languages (French, Spanish, This conference is focussed on 3 field topics, Portuguese). (see a list of references in order to accommodate different and published in 2016, and a focus on one of multidisciplinary approaches: them, Marie Fare’s recently published book). Field 1: Money, consciousness and classification of CCs, typology and RAMICS, to date values. A field that accommodates works The biennial conferences, the IJCCR and the related to the reflections in terms of money CC-Literature databank make the and the capitalist model, proposals of foundations of RAMICS family. You can monetary and financial system reform, breathe in the family atmosphere through values and motivations related to the money the new common visual identity we gave to and CCs, awareness-building and social RAMICS, IJCCR and CC-Literature psychology in terms of money and CCs… websites. Field 2: Real experiences. A field that accommodates works related to the A website has thus been created. presentations of CC experiences and Information on its activity will be put online practices, economic, social and on a regular basis. Since its creation, it has environmental evaluation and impact of partnered with a few conferences, in SSC, innovation and technologies related to order to contribute to spreading CC CCs… research. A twitter account has been opened Field 3: Institutions and public (@ramics_asso). We solicited Teodoro policies. A field that accommodates works Criscione for a volunteer mission to improve related to the reflections and realities on RAMICS communication skills. Separate SCC for the transition towards other socio- from RAMICS but connected to its logics, economic models from the very institutions August Corrons goes on preparing and public policies. Barcelona’s conference. Many things still need to be developed and Results of the call

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Proposal submissions are now closed. committed to achieving the widest possible 140 abstracts have been validated: coverage of topics and disciplines pertinent - 60,7% in English, 32,1% in Spanish, 5,0% to monetary innovation, local community in Portuguese and 2,2% in French exchange mechanisms (with or without - 67,9% from Europe, 18,3% from Latin means of payment), and complementary America, 6,9% from North America, 5,3% currencies. IJCCR guarantees a double from Asia and 1,6% from Africa blind peer review process to help authors improve their papers to standards that Schedule would constitute an addition to our present The presentations linked with this Call for state of knowledge. Papers will take place from Wed, 10th to Friday, 12th May 2017. There will be at least Professionalization three parallel session lines, one of which will In its 21 years of life, IJCCR has become the be held in the event hall and the others backbone of academic research on in neighbouring rooms. Access to this community currencies, with over 150 articles academic part of the conference will require openly accessible to other researchers, registration and payment. policy-makers and the general public. For From 13th May to 14th May, access will be students and government officials, it is one free. of the first places to start a literature search that is sufficiently reliable, independent and Next steps can reasonably sustain the criticism of Complete articles or communications should others. We proudly invite researchers to be sent by 15th April 2017. Papers can be in contribute to the common pool of knowledge English, Spanish, French or Portuguese. offered in www.ijccr.net. Please read our guidelines for authors on how to Registration submit your papers and become part of our https://symposium.uoc.edu/event_de collective learning. We also welcome tail/3642/tickets.html colleagues who would like to support the journal by formatting, proof-reading, peer Publication reviewing and other tasks of the publishing Three special issues should be published in process. the IJCCR, linked to the three fields that IJCCR is constantly striving to improve its have been presented. Such issues will position as a research outlet where everyone include a selection of the most interesting would like to publish. In collaboration with articles to be presented in each one of the the libraries of the Universities of Delft and fields. in the , August Corrons,member of the IJCCR Editorial Correspondent: prof. August Corrons group and lecturer at the Open University of Catalonia, worked throughout 2016 to add 3. News from the IJCCR Digital Object Identifiers (DOI) to every article. With a DOI, the metadata of each article will be stored in association with a The International Journal of location, in this case the URL at IJCCR.net, Community Currency Research is the where it can be found. A DOI facilitates the main academic publication of RAMICS, dissemination of research in academic hubs the Research Association on Monetary such as ResearchGate, Innovation and Complementary and Academia.edu and Google Scholar. The DOI Community Currencies. IJCCR aims to for a document is permanent, even if its provide a platform for researchers to location and other metadata may change. disseminate their work among academic The DOI codes were a necessary condition to circles. It welcomes articles of scientific be recognizable as academic research by quality that present a well-argued search engines such as Google Scholar. proposition, reliable data, and an explicit Published articles are now easier for readers dialogue with theories and the work of other to find and for authors to track their own scholars in the field. The journal is citation statistics. At the time of writing this

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Editorial (30 January 2017), Google Scholar The third article refers to time banking and citation indices showed that IJCCR has a looks at the normative principles of co- record of 1524 citations in its history, of production, the moral commitment that which 960 have taken place since 2012. The time banking stands for and the challenges next step will be to propose the inclusion of tosustain these principles when more IJCCR in indexed academic databases, such members come in. Neville Clement, Allyson as Web of Science and Scopus. The Editorial Holbrook, Daniella Forster, Johanna Board of IJCCR regards this new coding as a Macneil, Max Smith, Kevin Lyons and step forward in making the journal more Elizabeth McDonald discuss the nature of visible and professional. Please continue co-production in timebanking, the practice submitting your research for publication in of reciprocity and time exchange balances. the IJCCR, as the number of articles and The authors identify a gap in community their regularity are two criteria that will be currency research on the ways in which considered to achieve that goal. participant enact these normative values in the daily life of the scheme. The 2017 Winter issue The Winter Issue of Volume 21, which has All the articles published since 1997 can be been published in February 2017, includes found on the IJCCR website, just there, three articles that address the issue of including the 2016 issue. upgrading and upscaling of CCS. The first paper recounts the evolution of Sardex, a Georgina Gómez (International complementary currency in the Island of Institute of Social Studies, The Hague) Sardinia, Italy, and its expansion throughout the island over the past 6 years. Giuseppe 4. A brief retrospective on the Littera, Laura Sartori, Paolo Dini and International Conference on Panayotis Antoniadis emphasise that Sardex growth motivated an in-depth look at its Social and Complementary starting assumptions, design and Currencies of Salvador da operational principles, and socio-economic Bahia (October, 2015) context. The paper concludes that creating and maintaining trust has been a critical In Lyon and in The Hague many groups, element for the creation and operation communities and small towns around the of Sardex as a mutual credit system. The world presented and discussed their use and analysis relies on semi-structured in-depth conceptions of social currency initiatives. In interviews of circuit members and benefits addition, researchers presented from the reflexive point of view of one of its The first International Conference on Social founders. and Complementary Currencies was The second paper reports on the Dutch organized in Lyon, , in February 2011, experience of Do it Together! (DiT), which is by the Université Lumière - Lyon 2. More a social complementary currency (CC) than 250 persons from five continents project in two municipalities in the participated in the activities under the Netherlands as it integrated more actors into theme "thirty years of community and the process.Lydwien A. Batterink, Edgar complementary currencies: what next? ". In A.D. Kampers, and Judith C.V. van der Veer June 2013, the Erasmus University of describe how the member organisations and Rotterdam organized the second Conference businesses participate in an initiative that in The Hague, in the binds the efforts of their different policies Netherlands.theiranalyzes on the processes and strategies into a unified framework. of the creation and use of social currencies. Through this co-creative design process, the partners support one another in achieving ’s conference their own objectives through rewarding Researchers and practitioners came from 15 desired behaviours of citizens and In both conferences, Brazil was represented customers. During the life of the project, by the initiative of the Institute Banco various challenges have led to the Palmas (the Palmas being the social configuration of creative solutions.

RAMICS Newsletter #1 – March 2017 4 RAMICS Newsletter #1 RESEARCH ASSOCIATION ON MONETARY INNOVATION AND COMMUNITY AND COMPLEMENTARY MONETARY SYSTEMS March 2017 currency of the neighborhood Conjunto 5. Literature 2016/2017 – from Palmeira, in Fortaleza) and by scholars of the “Bibliography of Community the Federal University of Bahia - UFBA. Currency Research” During the Conference of The Hague, these researchers were invited to organize the third edition of this conference in Brazil Please find below a list of contributions, because of its representativeness and the almost all from 2016, one from 2017. need to increase the participation of Usually, these are publications; a few practitioners and researchers from Latin unpublished papers are also included. These America.Typologies,models and innovation sources will be integrated into the databank (12 papers). of cc-literature.de; this will take a bit of The Conference theme in Brazil assumed a time, because annotations have to be strong relationship between social prepared. Not included in the list are currencies and practices of a solidarity- publications in the International based economy. The theme was "Social Journal of Community Currency Currency in Social and Solidarity Research; I refer to the IJCCR section in Economies: innovation and development.". this newsletter. This time we included only During the Brazilian Conference, 41 papers sources in English language. Publications in were presented in four themes. other languages will be presented in the - Theme 1: Social and complementary next newsletters. In some cases I added currencies for development purposes (12 short explanatory notes. papers) Rolf Schroeder - Theme 2: Impact and results of social and complementary currencies (8 papers) Amato, Massimo, Fantacci, Luca (2016), - Theme 3: Contextual differences and Failures on the market and market failures: lessons from experiences (9 papers) a complementary currency for bankruptcy - Theme 4: countriessuchas: Hungary, procedures, Cambridge Journal of Bulgaria, Japan, Colombia, Mexico, Economics, July 19, 2016 40(5):1377- Argentina, Ecuador, France, , UK, 1395, http://dx.doi.org/10.1093/cje/be Italie, Australia and others. w029.

A special issue of the IJCCR Berg, Dmitry, Davletbaev, Rustam, Zvereva, Ariádne Scalfoni Rigo (Federal University of Olga and Dmitry Nodjenko (2016), The Bahia, Brazil) is currently organizing a model of localized business community Special Issue of the International Journal of economic development under limited Community Currency Research (IJCCR), financial resources: computer model and edited by Georgina M. Gómez, with papers experiment, E3S Web of Conferences, from the 3rd International Conference. Volume 6, International Conference on All authors are invited to submit their Sustainable Cities (ICSC papers following the rules and format of 2016), http://dx.doi.org/10.1051/e3sco the IJCCR. The papers must to be nf/20160601001. submitted by April 15, 2017 and send to [email protected] . Papers Blanc, Jérôme (2016) Unpacking monetary have to be submitted in English. The editors complementarity and competition: a suggest the authors make improvements in conceptual framework, Cambridge Journal their papers before submitting to the of Economics, 41, 1, pp. 239- journal. If accepted, authors will do the 257, http://dx.doi.org/10.1093/cje/bew proof-reading of their papers. Papers will 024. follow the normal process of the IJCCR and the accepted papers will compose the special Blanc, Jérôme, Fare, Marie (2016) Turning issue. values concrete: the role and ways of business selection in local currency Ariádne Scalfoni Rigo (UFBA, Brazil) schemes, Review of Social Economy, 74,3 pp. 298- 319, http://dx.doi.org/10.1080/003467

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64.2016.1168035. investment: an interdisciplinary analysis of the Sardex mutual credit system. In: ISIRC: Cabitza, Federico, Locoro, Angela, Simone, 8th International Social Innovation Carla and Tunazzina Sultana (2016), Moving Research Conference, 05-07 Sep 2016, Western Neighborliness to East? A study on Glasgow, Local Exchange in Bangladesh, UK, http://eprints.lse.ac.uk/67622/. In: Proceedings of the 19th ACM Conference on Computer-Supported Cooperative Work Fare Marie (2016), Repenser la monnaie. & Social Computing (CSCW '16). ACM, New Transformer les territoires, faire société, York, NY, USA, 1766-1776. Paris, Editions Charles Léopold Mayer - DOI: http://dx.doi.org/10.1145/281804 Institut Veblen pour les réformes 8.2819971. économiques. http://www.eclm.fr/ouvr age-380.html Coetzee, Liezl (2016) Global Tools Enhance Local Exchange through Community Fuders, Felix (2016) Smarter Money for Currency in an Alternate Economy, In: Dey, Smarter Cities: How Regional Currencies Bidit, Sorour, Karim, Filieri, Raffaele: ICTs Can Help to Promote a Decentralised and in Developing Countries: Research, Sustainable Regional Development, Practices and Policy Implications, Palgrave In: Decentralisation and Regional Macmillan UK, London, pp. 75- Development, Springer Geography pp 155- 96, http://dx.doi.org/10.1057/9781137 185, http://link.springer.com/chapter/ 469502_5. 10.1007%2F978-3-319-29367-7_9.

Copertari, Luis F. (2016) Emerging Markets Gómez, Georgina M., Dini, Paolo (2016) and the Pacific Alliance. Open Access Making sense of a crank case: monetary Library Journal, diversity in Argentina (1999- 3:e2919. http://dx.doi.org/10.4236/oali 2003), Cambridge Journal of Economics, b.1102919. 40 (5): 1421- 1437, https://doi.org/10.1093/cje/bew Dash, Anup (2016) An Epistemological 034. Reflection on Social and Solidarity Economy, Forum for Social Economics, Gómez, Georgina M. (2016) Matching Cash 45,1, pp. 61- and Kind: Argentina’s Experimentation with 87, http://dx.doi.org/10.1080/073609 Multiple Currencies, 1995–2005, In: 32.2014.995194. Bernardo Batiz-Lazo, Leonidas Efthymiou: The Book of Payments Degens, Philipp (2016) Between "Market" Historical and Contemporary Views on the and "Reciprocity": How Businesses Use Cashless Society, Palgrave Macmillan UK, Local Currencies, Behemoth, A Journal on pp. 65- Civilisation, 74, http://dx.doi.org/10.1057/978-1- 9,2, http://dx.doi.org/10.6094/behem 137-60231-2_7. oth.2016.9.2.913. Grant, Sheryl (2016) Building Collective Dietrich, M., Znotka, M., Guthor, H. et al. Belief in Badges: Designing Trust Networks, (2016) Instrumental and Non-instrumental In: Ifenthaler, Dirk, Bellin-ularski, Nicole, Factors of Social Innovation Mah, Dana-Kristin: Foundation of Digital Adoption, Voluntas: International Journal Badges and Micro-Credentials: of Voluntary and Nonprofit Demonstrating and Recognizing Organizations (2016) 27,4: pp. 1950- Knowledge and Competencies, Springer 1978. http://dx.doi.org/10.1007/s11266 International Publishing, Cham, 97- -015-9639-2 (Time Banks in senior 114, http://dx.doi.org/10.1007/978-3- cooperatives, RFHS). 319-15425-1_6.

Dini, Paolo, Motta, Wallis and Sartori, Laura Hornborg, Alf (2016) Redesigning Money to (2016) Self-funded social impact Curb Globalization and Increase Resilience,

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In: BT - Global Magic: Technologies of Appropriation from Ancient Rome to Wall Nakazato, Hiromi, Lim, Seunghoo (2017) Street, pp. 129 – 149, Palgrave Macmillan Community rebuilding processes in a US, New disaster-damaged area through community York, http://dx.doi.org/10.1057/978113 currency: The pilot project of Domo in 7567871_9. Kamaishi, Japan Disaster Prevention and Management: An International Isaacs, Gilad (2016) Alternative forms of Journal 2017 26:1 , 79- finance, FESSUD Working Paper Series No. 93, http://www.emeraldinsight.com/d 170, http://fessud.eu/wp- oi/abs/10.1108/DPM-06-2016- content/uploads/2015/03/Fessud_WP 0116?journalCode=dpm. 170_-Alternative-Forms-of-Finance- Literature-Review.pdf. Nakazato, Hiromi, Lim, Seunghoo, Evolutionary Process of Social Capital Kim, Seon Mi, Benjamin Lough, Chi-Fang Formation through Community Currency Wu (2016) The conditions and strategies for Organizations: The Japanese success of local currency movements, Local Case, VOLUNTAS: International Journal of Economy, 31, 3: pp. 344-358. First Voluntary and Nonprofit Organizations, Published March 16, June 2016, Volume 27, Issue 3, pp 1171– 2016, http://journals.sagepub.com/doi 1194, http://link.springer.com/article/ /full/10.1177/0269094216637332 (Emp 10.1007%2Fs11266-015-9631-x. irical surveys from Canada, US, UK, RFHS). Nind, Melanie, Armstrong, Alan, Cansdale, Kousis, Maria, Paschou, Maria (2016) Mal, Collis, Anne, Hooper, Clare, Parsons, Alternative Forms of Resilience in Hard Sarah and Power, Andrew (2016) Economic Times: Theoretical, TimeBanking: towards a co-produced Methodological and Southern European solution for power and money issues in Dimensions (LIVEWHAT Living with Hard inclusive research, International Journal of Times How Citizens React to Economic Social Research Methodology, pp. 1- Crises and Their Social and Political 14, http://dx.doi.org/10.1080/1364557 Consequences. Article on alternative forms 9.2016.1179469. of resilience in times of crisis (Deliverable: 9.6) WP9: Scientific dissemination Work Nishibe, Makoto (2016) The enigma of package Leading Institution: money: gold, central banknotes, and UOC), http://www.livewhat.unige.ch/ bitcoin, New York, wp- Springer. http://link.springer.com/boo content/uploads/2015/01/livewhat_D k/10.1007/978-981-10-1819-0 9.6.pdf. North, Peter (2016, Money reform and the Lucarelli, Stefano, Gobbi, Lucio (2016) Local Eurozone crisis: panacea, utopia or clearing unions as stabilizers of local grassroots alternative? Cambridge Journal economic systems: a stock flow consistent of perspective, Cambridge Journal of Economics, http://dx.doi.org/10.1093/c Economics June 25, 2016 40(5):1397- je/bew022. 1420, http://dx.doi.org/10.1093/cje/be Ozanne, Lucie K. and Ozanne, Julie L. w021 (keywords: Sardex; RFHS). (2016) How alternative consumer markets can build community resiliency, European Nagy, Henrietta (2016) Local development Journal of Marketing, 50(3/4), pp. 330– initiatives in the spatial economy, Studia 357. http://dx.doi.org/10.1108/ejm-12- Mundi - Economica 3, 1, 2016, pp. 95- 2014-0802. 107, http://studia.mundi.gtk.szie.hu/si tes/default/files/upload/studia/2016- Papadimitriou, Dimitri B. (2016) vol3- Complementary Currencies and Economic no1/studia_mundi_vol_3_no_1_nagy Stability, Policy Note (Levy Economics .pdf (Hungarian examples, RFHS). Institute of Bard

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College)1, http://www.levyinstitute.org Smith, Carmen (2016) Community- /pubs/pn_16_1.pdf. Economic Initiatives: The Psychology and Organisation of Grassroots Sustainability. Papaoikonomou, Eleni, Valor, Carmen Thesis (Doctor of Philosophy (PhD)). (2016) Exploring commitment in peer-to- University of peer exchanges: the case of Bath, http://opus.bath.ac.uk/53207/. timebanks, Journal of Marketing Management, 32/13-14, pp. 1333- Snick, Anne (2016) The politics we need for 1358, http://dx.doi.org/10.1080/02672 developing a new socioeconomic system, 57X.2016.1177578. Paper under http://www.academia.edu/2287 Sahakian, Marlyne (2016) The Social and 6127/The_politics_we_need_for_dev Solidarity Economy: Why Is It Relevant to eloping_a_new_socioeconomic_syste Industrial Ecology? In: Clift, Roland, m. Druckman, Angela (Eds.) Taking Stock of Industrial Ecology, Springer International, Sotiropoulou, Irene (2016) Collective pp. 205- Viewings of Value(s) and the Struggle for 227, http://link.springer.com/chapter/ What Is Valuable: The Case of Grassroots 10.1007%2F978-3-319-20571-7_10. Initiatives, World Review of Political Economy, 7, 1, 2016, pp. 56– Sanz, Esther Oliver (2016) Community 84. www.jstor.org/stable/10.13169/wo currency (CCs) in Spain: An empirical study rlrevipoliecon.7.1.0056 (keyword: of their social effects, Ecological Economics, Greece, RFHS). Volume 121, January 2016, Pages 20-27, ISSN 0921- Stodder, James, Lietaer, Bernard (2016) The 8009, http://dx.doi.org/10.1016/j.ecole Macro-Stability of Swiss WIR-Bank Credits: con.2015.11.008, http://www.scienced Balance, Velocity, and irect.com/science/article/pii/S092180 Leverage, Comparative Economic Studies, 0915004401. December 2016, 58, 4, pp. 570– 605, http://link.springer.com/article/1 Sartori, Laura, Dini, Paolo (2016) From 0.1057%2Fs41294-016-0001-5. complementary currency to institution: A micro-macro study of the Sardex mutual Valek, Lukas (2016) Time Banking and its credit system, Stato e mercato, 2/2016 Place in Economic Education, Journal of (Agosto), pp. 273-304, http://dx.doi.org/ Economics and Economic Education 10.1425/84070 https://www.rivisteweb. Research; Arden 17,3 pp. 9- it/doi/10.1425/84070. 15, http://search.proquest.com/openvi ew/a01eadaa3e3eda629eebf39654ae4 Scott Cato, Molly and North, Peter (2016) 47e/1?pq- Rethinking the Factors of Production for a origsite=gscholar&cbl=38746. World of Common Ownership and Sustainability. Europe and Latin America Valek, Lukas (2016) Open Ways for Time Compared, Review of Radical Political Banking Research: Project Management and Economics, 48,1, pp. 36- Beyond, International Journal of Human 52, https://doi.org/10.1177/048661341 Capital and Information Technology 5586981. Professionals (IJHCITP), 7,1, pp. 35- 47. http://dx.doi.org/10.4018/IJHCITP Seyfang, Gill, Longhurst, Noel (2016) What .2016010103. influences the diffusion of grassroots innovations for sustainability? Investigating Valor, Carmen, Papaoikonomou, Eleni community currency niches, Technology (2016) Time banking in Spain. Exploring Analysis & Strategic Management, 28, 1, their structure, management and users´ 2016, http://dx.doi.org/10.1080/09537 profile, Revista Internacional de Sociología, 325.2015.1063603. 74, 1 mar. 2016, p. e028, http://revintsociologia.revistas.c

RAMICS Newsletter #1 – March 2017 8 RAMICS Newsletter #1 RESEARCH ASSOCIATION ON MONETARY INNOVATION AND COMMUNITY AND COMPLEMENTARY MONETARY SYSTEMS March 2017 sic.es/index.php/revintsociologia/arti and institutionalist viewpoint. Her works cle/view/642/728 http://dx.doi.org/1 deal with CCs analysed in relation with 0.3989/ris.2016.74.1.028 sustainable territorial development (potentialities, impacts and prospects). She 6. A focus on Marie Fare’s book authored a thesis on "Monetary conditions : Repenser la monnaie, for sustainable local development: complementary exchange schemes for Transformer les territoires, subsidiary currencies", defended in 2011. Faire société, Paris, ECLM, 2016 She co-organized the first International (Rethinking Money, Conference on Community and Transforming Territories, Complementary Currencies in Lyon, in Making Society) February 2011.

We focus here on this recently published 7. Miscellaneous book of one of the founding RAMICS members, Marie Fare (Université Lumière This newsletter was prepared by Jérôme Lyon 2, France) Blanc with the contributions of August Corrons, Georgina Gómez, Ariádne Scalfoni A brief presentation Rigo, Rolf Schröder and Marie Fare. LETS, time banks, Accorderies, Teodoro Criscione provided us with Argentinean-like trueque systems, Ithaca- his helpfull skills so as to use MailChimp. like Hour currencies, German- Any suggestion is welcome for the next like regio systems, Brasilian-like community issues. development banks and currencies, With regards to data protection, we checked ‘Transition Towns’ local currencies – these the privacy policy of MailChimp and schemes are all described as complementary consider the use of this tool as being in line and community currencies. with our data protection standards. Marie Fare explores in this book the possibilities offered by these currencies in terms of generating a new wealth in their territories. They also symbolize the reappropriation of a right kidnapped by economic authorities. In this sense, CCs are a vehicle for mobilising and creating networks for territorial stakeholders through the symbolic values they carry (territorial and community identity, emancipation, institutionalisation and empowerment, base for co-involvement of stakeholders, marketing for alternative values and local development paradigm…). Money is and must remain a common, at the service of a sustainable territorial development.

Who’s she? Marie Fare is associate professor in economi cs at the University of Lyon and a member of the UMR 5206 Triangle (CNRS). Her research focuses on monetary plurality and more particularly on Community and Complementary Currencies (CCs) mainly analyzed through socioeconomic

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