Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles

Complementary currencies are a reality and are being applied both globally and locally. The aim of this article is to explain the viability of this type of currency and its application in local development, in this case, in a rural mountain municipality in the province of Almería (Spain) called Almó...

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Main Authors: García Corral, Francisco Javier, Pablo Valenciano, Jaime de, Milán García, Juan, Cordero García, José Antonio
Format: info:eu-repo/semantics/article
Language:English
Published: MDPI 2020
Subjects:
Online Access:http://hdl.handle.net/10835/8346
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author García Corral, Francisco Javier
Pablo Valenciano, Jaime de
Milán García, Juan
Cordero García, José Antonio
author_facet García Corral, Francisco Javier
Pablo Valenciano, Jaime de
Milán García, Juan
Cordero García, José Antonio
author_sort García Corral, Francisco Javier
collection DSpace
description Complementary currencies are a reality and are being applied both globally and locally. The aim of this article is to explain the viability of this type of currency and its application in local development, in this case, in a rural mountain municipality in the province of Almería (Spain) called Almócita. The Plus, Minus, Interesting (PMI); “Flying Balloon”; and Strength, Weakness, Opportunity (SWOT) analysis methodologies will be used to carry out the study. Finally, a ranking of success factors will be carried out with a brainstorming exercise. As to the results, there are, a priori, more advantages than disadvantages of implementing these currencies, but the local population has clarified that their main concern is depopulation along with a lack of varied work. As a counterpart to this and strengths or advantages, almost all the participants mention the support from the Almócita city council and the initiatives that are constantly being promoted.
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spelling oai:repositorio.ual.es:10835-83462023-04-12T19:05:40Z Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles García Corral, Francisco Javier Pablo Valenciano, Jaime de Milán García, Juan Cordero García, José Antonio local development PMI SWOT Flying Balloon currency local council society Almócita Complementary currencies are a reality and are being applied both globally and locally. The aim of this article is to explain the viability of this type of currency and its application in local development, in this case, in a rural mountain municipality in the province of Almería (Spain) called Almócita. The Plus, Minus, Interesting (PMI); “Flying Balloon”; and Strength, Weakness, Opportunity (SWOT) analysis methodologies will be used to carry out the study. Finally, a ranking of success factors will be carried out with a brainstorming exercise. As to the results, there are, a priori, more advantages than disadvantages of implementing these currencies, but the local population has clarified that their main concern is depopulation along with a lack of varied work. As a counterpart to this and strengths or advantages, almost all the participants mention the support from the Almócita city council and the initiatives that are constantly being promoted. 2020-07-21T07:00:11Z 2020-07-21T07:00:11Z 2020-07-15 info:eu-repo/semantics/article 2071-1050 http://hdl.handle.net/10835/8346 en https://www.mdpi.com/2071-1050/12/14/5672 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess MDPI
spellingShingle local development
PMI
SWOT
Flying Balloon
currency
local council
society
Almócita
García Corral, Francisco Javier
Pablo Valenciano, Jaime de
Milán García, Juan
Cordero García, José Antonio
Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles
title Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles
title_full Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles
title_fullStr Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles
title_full_unstemmed Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles
title_short Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles
title_sort complementary currencies: an analysis of the creation process based on sustainable local development principles
topic local development
PMI
SWOT
Flying Balloon
currency
local council
society
Almócita
url http://hdl.handle.net/10835/8346
work_keys_str_mv AT garciacorralfranciscojavier complementarycurrenciesananalysisofthecreationprocessbasedonsustainablelocaldevelopmentprinciples
AT pablovalencianojaimede complementarycurrenciesananalysisofthecreationprocessbasedonsustainablelocaldevelopmentprinciples
AT milangarciajuan complementarycurrenciesananalysisofthecreationprocessbasedonsustainablelocaldevelopmentprinciples
AT corderogarciajoseantonio complementarycurrenciesananalysisofthecreationprocessbasedonsustainablelocaldevelopmentprinciples