The Boundaries of Complementary Currencies

What is it about?

Many authors interpret complementary currencies just as monetary innovations. This, however, is just part of the story. Money, in conjunction with other elements like new technologies, creates economic relations. But who is supposed to be connected with whom? And, taking into account that they may be local and/or business oriented systems e.g., who stays outside? What are the informal boundaries of complementary currencies?

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Why is it important?

This approach is not only useful for the analysis of complementary currencies, it provides a tool for designing new types of such alternative economic structures.