Abstract
In times of economic crisis, in addition to bartering, alternative currencies often have a comeback and new alternative currencies are created: such is the case of WIR, an alternative currency parallel to the Swiss franc, which was created during the crisis of 1929 and is still being used today. WIR is simultaneously a currency, a bank, an exchange circuit and a marketing tool. This study illustrates the functioning of this unique currency.
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
Economic, Social, and Cultural Context
KEYWORDS
WIR, Alternative Currencies, Barter Circles