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Local currencies, tools for regional development

The territories today know very little about their metabolism. Unlike the cells of living organisms, they have no membrane to filter and measure their exchanges with the outside world, or to densify local exchanges of work and services, or even to direct local savings towards the investments necessary for the development and transition of territories.

The development of local currencies, made easy by the dematerialisation of money, including the generalisation of direct payments by mobile phone, creates the technical conditions for the development of local currencies to support a new articulation between the levels of management of the economy and exchange from the local to the global.

The role of these currencies still needs to be recognised at both national and European level, which presupposes a profound doctrinal change in relation to the dominant ideas on the unity of the euro.