Unpacking monetary complementarity and competition : a conceptual framework - HAL Accéder directement au contenu
Article dans une revue Cambridge Journal of Economics Année : 2016

Unpacking monetary complementarity and competition : a conceptual framework

Résumé

Opposing approaches to money competition that state that all monetary forms are substitutes, theories of complementarity state that some can be complementary. This text analyses the ways in which monies can be linked by drawing upon the variety of so-called contemporary community and complementary currencies (CCCs). It considers four basic binary relations between monetary assets: commensurability, convertibility, co-use and coincidence of spheres of uses. Through their combinations, four means of linking monies are identified: substitutability, simultaneity, supplementarity and autonomy. On this basis, unpacked competition and complementarity do not oppose each other but appear to be related. The less forms of money are built on specific social values, the more complementarity may be pervaded by competition. This paper illustrates how this framework can be used with cases of the Argentine trueque (‘barter’) and the French experimental SOL. Both experienced difficulties that show the complexity of the links, possible shifts and their effects on the sustainability of the schemes.
Fichier principal
Vignette du fichier
Blanc 2016 Unpacking-Author.pdf ( 359.12 Ko ) Télécharger
Origine : Fichiers produits par l'(les) auteur(s)
Loading...

Dates et versions

halshs-01377183, version 1 (16-01-2018)

Identifiants

Citer

Jérôme Blanc. Unpacking monetary complementarity and competition : a conceptual framework. Cambridge Journal of Economics, 2016, 41 (1), pp.239-257. ⟨10.1093/cje/bew024⟩. ⟨halshs-01377183⟩
118 Consultations
258 Téléchargements
Dernière date de mise à jour le 12/05/2024
comment ces indicateurs sont-ils produits

Altmetric

Partager

Gmail Facebook Twitter LinkedIn Plus