Sardex is a B2B electronic complementary currency and mutual credit system. It allows private funding to be endogenously generated within a geographically limited socio-economic context, rather than injected from exogenous sources, leading to a greater level of positive social impact (In terms of trust). Sardex promotes stable and constructive integration of market activity with democratic institutions and socio-cultural values, and is hence identified with sustainable development. This paper presents a case study based on 29 semi-structured in-depth interviews of Sardex members. By drawing on monetary theory, sociology and anthropology, the paper argues that Sardex implements a form of self-funded social impact investment.

Self-Funded Social Impact Investment: An Interdisciplinary Analysis of the Sardex Mutual Credit System

SARTORI, LAURA
2017

Abstract

Sardex is a B2B electronic complementary currency and mutual credit system. It allows private funding to be endogenously generated within a geographically limited socio-economic context, rather than injected from exogenous sources, leading to a greater level of positive social impact (In terms of trust). Sardex promotes stable and constructive integration of market activity with democratic institutions and socio-cultural values, and is hence identified with sustainable development. This paper presents a case study based on 29 semi-structured in-depth interviews of Sardex members. By drawing on monetary theory, sociology and anthropology, the paper argues that Sardex implements a form of self-funded social impact investment.
2017
Motta, W.; Dini, P.; Sartori, Laura
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11585/586546
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