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.
Motta, W., Dini, P., Sartori, L. (2017). Self-Funded Social Impact Investment: An Interdisciplinary Analysis of the Sardex Mutual Credit System. JOURNAL OF SOCIAL ENTREPRENEURSHIP, 8(2), 1-16 [10.1080/19420676.2017.1321576].
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.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.