engleski

The Possibility of Using Alternative Currencies in Function of Development of the City of Zadar

This paper points out the problem of globalized market effects for local economies, that is how it directs money, generated in local communities, towards investments and capital centers. It has also shown the disproportionate development of diverse parts of the Republic of Croatia and the centralization of the Croatian economic system, institutions, polices and its consequences for the local Zadar community. Alternative currencies have been introduced as a new approach of perceiving money which is trying to prevent the outflow of local resources and the deterioration of local economies. The study also discusses some examples of good practice according to types of alternative currencies that are relevant for the model used in the City of Zadar. Thus, a dual model of alternative currencies with time credits and local currency was proposed, trying to influence the economic situation of the community and improve the social structure of the population at the same time.

alternative currencies, local community, city of Zadar, local currency, time credits

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