What can governments do to address the banking crisis, remedy unemployment, poverty and ecological threats, and create conditions for sustainable abundance?


How can time-tested currency innovations such as mutual credit systems help businesses of all sizes deal with cash flow shortages and monetary instability?


What can communities do to leverage their untapped wealth and connect resources that would otherwise remain unused with needs that would otherwise remain unmet?


What can scientific and academic research tell us about how to design and implement more effective and resilient monetary systems?

Currency Proposals

What types of complementary currencies could help us overcome current obstacles to the flourishing of our educational, energy, commercial, and other systems?

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Articles in Case Studies

The Story of Curitiba in Brazil

September 8, 2010 – 4:43 pm |

The story of Curitiba in Brazil illustrates how the introduction of a complementary currency was able to help a developing and impoverished city leverage its untapped resources to creatively solve a host of challenges and …

The WAT System in Japan

May 21, 2010 – 1:01 pm |

This introduction to the WAT system is an excerpt from a longer paper by Mitra Ardron and Bernard Lietaer in which they offer ways of addressing some of the shortcomings of “peer-to-peer” currencies like the …

The Wörgl Experiment: Austria (1932-1933)

March 27, 2010 – 7:34 am |

In 1932, in the midst of the Great Depression, the small town of Wörgl in Austria successfully experimented with its own local currency (in the form of a stamp scrip).   Based on the thinking of …

Complementary Currency Innovation: Self-guarantee in Peer-to-Peer Currencies

January 19, 2010 – 1:16 pm |

The WAT system, as used in Japan, allows for businesses to issue their own tickets (IOU’s) which can circulate as a complementary currency within a community.  In this paper, Bernard Lietaer and Mitra Ardron propose …

Sustaining Cultural Vitality in a Globalizing World: the Balinese Example

December 27, 2009 – 4:58 am |

Abstract –  It is generally accepted that massive tourism and a vibrant indigenous culture are mutually exclusive. Bali has so far proven to be an exception to this rule. This article explores a hitherto overlooked …