Complementary options to development of underdevelopment: Lessons from the use of community currencies in Kenya - Policy brief

Governments and non-governmental organizations around the world have embraced community
or complementary currencies (CCs) as tools of poverty reduction, environmental protection
and promotion of social solidarity. Community Currencies are best viewed as a financial
innovation to assist local-level development and are seen as a new age poverty-reduction
strategy. Popular CCs include: FureaiKippu (Japan), Red De Turque (Argentina), Ithaca Hours
(United States), Bristol Pounds (United Kingdom) and Chiemgauer (Germany).