PL EN


2007 | 1-2(52-53) | 51-67
Article title

REGIONAL CURRENCIES AS A SYMPTOM OF A POSTMODERN CRISIS OF THE EURO - STATEMENT OF THE PROBLEM AND SUGGESTED REMEDY

Authors
Title variants
Languages of publication
EN
Abstracts
EN
Over the last six years 16 regional currencies have emerged in Germany as alternative media of exchange. Drawing inspiration from van de Kaa (2001), the paper presents the phenomenon as an indication of broad social and political changes characteristic of postmodernity. An economic analysis is provided suggesting that regional currencies are mostly based on unsound economics and as such are unlikely to constitute a threat to the common European currency. The threat may be seen however not in the growing - but as yet still negligible - total volume of regional currencies but rather in the skeptical attitude towards European integration which underlies the creation of local alternatives to the euro. Hayek's approach of choice in currency is presented as a possible remedy for the problem, enabling to preserve both local currencies, and economic integration of Europe.
Year
Issue
Pages
51-67
Physical description
Document type
ARTICLE
Contributors
author
  • J. Jablecki, Uniwersytet Warszawski, Wydzial Nauk Ekonomicznych, ul. Dluga 44/50, 00-241 Warszawa, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
08PLAAAA03867701
YADDA identifier
bwmeta1.element.f01e1442-1570-3e4f-a5d0-4a330f170eb9
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