Rubem Berta and complementary currency

An evaluation of the initial stage of the experience of a Southern Brazilian local community on implementing its own complementary currency.
(pdf; 871kb)

by Janaína Carneiro da Silva

London, 1st September 2005

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Abstract

This study evaluates the usefulness of complementary currencies to promote local community development and more specifically the effectiveness of the complementary currency called Rubi in the Southern Brazilian neighbourhood Rubem Berta, during the first year of its implementation within the framework of the project “Change the face of Rubem Berta’ . This was done through studying a probability random sample survey within the group of prosumers user’s . The results demonstrate that so far the project has added an average 10% increase in the monthly income attributed to the use of the complementary currency in their local transactions. The study also demonstrates that the local business users of Rubi have not yet perceived the advantages of the complementary currency as they have no occasions where to spend it according to their needs. Finally, some recommendations are made with regard to the promotion of trade and the involvement of local businesses and the project’s monitoring and evaluation process.

Contents(concise)

List of Illustrations
List of abbreviations
Acknowledgements

1. Introduction
2. Background of the Experience
3. Research Problem
4. Relevance of the study
5. Research Objective
6. Research Methodology
7. Literature Review
8. Analysis of the Results
9. Conclusion and recommendations
10. References
11. Appendices

You can download the pdf document here
(871 kb)




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