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Experience of using the local services and goods exchange in crisis conditions

Journal: Vestnik of Institute of Economic Research (Vol.2, No. 2)

Publication Date:

Authors : ;

Page : 58-65

Keywords : LETS; local exchange system; time banks; LETS; institutionalization; horizontal social ties; local community;

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Abstract

Two basic forms of foreign institutionalized local non-commercial services and goods exchange systems, including in Russian ones, - the time banks and LETSs are considered. The article presents the history of emergence of these systems, the features of their structure, their social and economic importance for local communities. The feasibility of establishing such institutionalized systems in the Donbass has been substantiated.

Last modified: 2016-12-20 20:13:53