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

Ester Barinaga, Michael Oloko, Will O. Ruddick

Research output: Working paperResearch

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.
Original languageEnglish
Place of PublicationVisby
PublisherSwedish International Centre for Local Democracy, ICLD
Number of pages4
ISBN (Print)9789186725372
Publication statusPublished - 2019
Externally publishedYes
SeriesPolicy Brief
Number4

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