What is it about?
Green economics looks at microeconomics and household economics. A green economics exploration of the Sysmä arae and its own money. This money was introduced to deal with less people living in the area a demographic decline. This study explores how that money was introduced with a municipal authority and various subsidies and involvement of third sector organisations in making it happen.
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Why is it important?
It was a project in a rural area and done on a local not a regional scale. It is 4th generation project using digital technology.
Perspectives
Own money with bitcoin has a buzz around it. Yet for practical working examples being introduced in this decade there are only a few in the world. If a well educated leading country - Finland does this and has this experience is there something for others to learn? Could it work? Technically yes, socially it is much harder, but I do see this as one of a choice. I also touch in the concept of a constructed identity and diaspora creation that could work to make other projects successful.
Dr Marcus Petz
Jyvaskylan Yliopisto
Read the Original
This page is a summary of: Sysmä Community Currency: An Analysis of its Success from the Perspectives of Purposes, Stakeholders and Promotion, European Countryside, September 2019, De Gruyter,
DOI: 10.2478/euco-2019-0024.
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