Community Currencies as Means of Local Economic Empowerment: Innovations from Mombasa and Nairobi to Kisumu, Kenya

Research output: Contribution to specialist publication or newspaperSpecialist publication article

Abstract

Community currencies have emerged as a tool for building more inclusive local economic development and governance. Grassroots organisations in Nairobi and Mombasa (Kenya) have been experimenting with this form of local monies. Communities in informal settlements in Kisumu have shown interest in introducing their own community currency. Challenges remain concerning the best diffusion strategy of such grassroots monetary innovations among communities and local governments. This policy brief focuses on how to involve residents, civil society, small entrepreneurs as well as local government officers and politicians so as to increase local representation and participation in this grassroots innovation.

Details

Authors
Organisations
External organisations
  • Jaramogi Oginga Odinga University of Science and Technology (JOOUST)
  • Grassroots Economics Foundation
  • University of Gothenburg
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Business Administration
Original languageEnglish
Number of pages4
Issue number4
Specialist publication or newspaperSwedish International Centre for Local Democracy (ICLD)
Publication statusPublished - 2019
Publication categoryResearch