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Community Currencies as means of Local Economic Empowerment

Case studies and best practices

Community currencies have emerged as a tool for building more inclusive local economic development and governance. Grassroots organisations in Nairobi and Mombasa (Kenya) have been experimenting with this form of local monies. Communities in informal settlements in Kisumu have shown interest in introducing their own community currency. Challenges remain concerning the best diffusion strategy of such grassroots monetary innovations among communities and local governments. This policy brief focuses on how to involve residents, civil society, small entrepreneurs as well as local government officers and politicians so as to increase local representation and participation in this grassroots innovation.

Related Publications

Local development and development cooperation: a new generation of cooperation platforms for local development? Local development and cooperation to the development: A new generation of cooperation platforms for local development?

Available in English

The article analyzes the characteristics of the new generation of cooperation platforms for local development, as well as the main theoretical and practical concepts that Such as the construction of t...

Developed by Centro Latinoamericano de Economia Human...

Posted by Enrique Gallicchio

Concept notes and papers

Assessing the Institutional Environment of Local Governments in Africa

Available in English

Africa’s cities are growing at an unprecedented rate, over 3% per year on average. The continent’s urban population is expected to double over the next 20 to 30 years, with the majority of Africans li...

Developed by UCLG Africa and Cities Alliance

Posted by Peter Rene Hohmann

Tools : Diagnostics

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