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Cited by 18Evaluation and Performance AssessmentCommunity Development and Social ImpactEnvironmental and Social Impact Assessments

Validating and improving the Impact of Complementary Currency Systems through impact assessment frameworks

Open access
Place, Christophe, Bindewald, Leander·2015·International Journal of Community Currency Research
DOI 10.15133/j.ijccr.2015.015
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Abstract

Credibility and legitimacy are required to improve the design and implementation of complementary currency systems (CCS) and to engage with public institutions, while depending on sustained support from funders. It is hence necessary to evidence the impact of CCS as effective and efficient tools to reach sustainable development goals. Only around a fourth of the existing studies even touch upon impact evaluation processes. A standardisation of impact evaluation would lead to improve the quantity, quality and comparability of the data collected, as well as to support longitudinal studies and juxtapositions of different types of currencies in their environmental and socio-economic context. After reviewing the literature, this article proposes two complementary approaches to assess the impact of CCS: a prototype of an integral Impact Assessment Matrix based on the goals, objectives and performance indicators, and a tool based on the “Theory of Change” methodology as a common, comprehensive and incremental approach for impact evaluation. Both propositions are currently being applied and further developed by the authors.

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DataCite · 10.15133/j.ijccr.2015.015

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Each is checked against this paper’s own text: does it say what the citing paper says it does?

  • A defining feature of alternative currencies is that they are purpose driven or designed for a certain normative purpose, which can be social, environmental, or economic.

    “Second, it is fair to say that all ACs -from LETS and local currencies to Bitcoin -have been designed for a certain normative purpose, which can be social, environmental, or economic.”

    From The Ethics of Alternative Currencies (2022) · cites this paper as Place and Bindewald 2015

    In “Objectives of CCS” (page unavailable), the paper says that most complementary currency systems have strategic objectives linked to a sustainable and ethical vision. Its discussion of intentional objectives includes social, economic, and environmental aims. It does not establish the citing sentence’s stronger claim about all alternative currencies, including Bitcoin. (LLM, conf=0.88)

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Research works printed but not linked: 7

  1. T.,*A.* Patterson* and*J.*Tooke*(2003)*'Trading* places:*geog8 raphy*andsustainability.* Pp.1698194
  2. D)*pp.32838.
  3. J.,* M.* Brinkerhoff, * E.*Jovic*and*G.* Wheatley*(2004)*'The* social* and* cultural* capitalofJournalCommunity* Currency* Re8 search.*Vol.42856.
  4. A),*pp.13822.
  5. D)*pp.17821
  6. Conference, , * Geneva.//www.parkparadigm.com/.* Accessed* 21st2014.
  7. Seyfang,* G. * (1997)* 'Examining* localInternational* Journal* of* Community* Currency* Research.*Vol

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Related

Authors
Place, C., & Bindewald, L.
ORCID
Venue
International Journal of Community Currency Research
Publisher
International Journal of Community Currency Research
Published
2015-06-30
Volume
19
Pages
152-164
DOI
10.15133/j.ijccr.2015.015
OpenAlex
W1738070976
Cited by
18
References
1
Citations by year
2025: 2 · 2022: 2 · 2021: 4 · 2020: 3 · 2019: 3 · 2018: 1 · 2017: 2 · 2015: 1
FWCI
1.67
Type
journal article
Language
en
Open access
Licence
creativecommons.org/licenses/by-nc-sa/4.0/legalcode
Locations
  • Insight (University of Cumbria) (submittedVersion)
  • RePub (Erasmus University Rotterdam) (submittedVersion, other-oa)
  • Universiteitsbibliotheek EUR
Funders
Interreg
Topics
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Evaluation and Performance Assessment
  • Social Sciences › Economics, Econometrics and Finance › Finance › Community Development and Social Impact
  • Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › Environmental and Social Impact Assessments
Keywords
impact assessment, impact evaluation, theory of change, performance indicators, Sustainable Development Goals, local currency, legitimacy and credibility

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