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Local Exchange and Trading Systems (LETS)

  • By: Colin C. Williams
  • In: Encyclopedia of Global Studies
  • Edited by: Helmut K. Anheier & Mark Juergensmeyer
  • Subject:Globalization, Social Policy (general), Cultural Geography

The creation of local currencies is part of a “relocalization” movement that offers an alternative to globalization and global economic networks. It is an attempt to recognize, value, and create alternative economic practices that are already here and emerging so as ...

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