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The video above is from the Jai Marketplace in Thailand, where all of the goods in the market can be bought entirely in the local currency called "Jai'. Jai is convertible to Thai Baht or organic locally-made cow fertilizer and is designed to improve the local economy and the climate for micro, small and medium enterprises through the local exchange network.
Information on the 2007 MicroGrant Program for
New Complementary Currency Systems
What Are Complementary Currency Systems? Complementary Currency Systems are appropriately-designed social and economic networks which encourage cooperation and reciprocation, self-reliance and mutual aid, local production, micro-small enterprise development, socio-economic solidarity and economic justice for the meeting of needs, cultural revitalization, socio-economic solidarity and rural reconstruction. Complementary Currency Systems use a medium of exchange that circulates together with the national currency to support the local economy in a way that is socially just. Click here for a brief introduction to Community Currency Systems in Asia, Africa and Latin America. To learn more about starting or improving your local exchange, complementary currency or appropriate economic system, please make use of the many resources available in this website.
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