Matches in DBpedia 2016-04 for { <http://wikidata.dbpedia.org/resource/Q1142479> ?p ?o }
Showing triples 1 to 35 of
35
with 100 triples per page.
- Q1142479 subject Q7712740.
- Q1142479 subject Q8986703.
- Q1142479 abstract "The Crédito was a local currency started on 1 May 1995 in Bernal, province of Buenos Aires, Argentina, on a garage sale, which was the first of many neighbourhood barter markets (mercados de trueque) that emerged in Argentina during the economic crisis.The operator of this currency was the Red Global de Clubes de Trueque Multirecíproco (RGT),literally "Global Network of Multi-Reciprocal Exchange Clubs" or more simply the "Global Exchange Network" (GEN).The currency started as a Local Exchange Trading Systems (LETS) system but was soon replaced by a number of printed currencies and, after further experimentation with a LETS called nodine (from no dinero, "not money"), finally became the Crédito, a printed currency again.The RGT was organized as a chaordic network of barter clubs, which had a clientele from a well educated middle class that had fallen into unemployment during the Argentine recession of the late 1990s.The clubs of the RGT had no central organ, no central administration and no legislation. Clubs decided for themselves to accept the Créditos of other clubs and not all clubs issued their own Créditos. Clubs that did usually issued between 30 and 50 Créditos per participant. In a later phase some of the clubs joined zones or networks and zones became the issuers of Créditos instead of individual clubs. The chaordic structure allowed the system to grow quickly but also left the system vulnerable to fraud.The Crédito was an interest-free currency and was pegged to the Argentine peso, which in turn was pegged to the U. S. dollar at the time. An estimated $400 million in goods and services were traded in 2000. A survey conducted by members of the economics department of Harvard University reports a personal exchange rate of about two Créditos for one peso during 2002-2003 by individuals who offered goods or services in both currencies.By July 2002 the unemployment rate in Argentina was in excess of 20% and approximately 7% of the population participated in the RGT. Argentina had already had a high unemployment rate of about 17% for six years previously.The system was used all over Argentina and worked reasonably well for a time but, as things worsened in the formal economy, more and more people joined the RGT clubs, and a growing percentage of people spent their Créditos without offering sufficient skills or trade in return. The system sufferedfrom hyperinflation and from counterfeiting. Between 2002 and 2003 the government made unemployment insurance available to 2.5 million people, compared to 0.2 million people previously, and thereby increased the availability of the peso to the population stratum using the Crédito, which had an 89% preference for Pesos over Créditos.Other complementary currencies in Argentina at that time were the Patacón, the LECOP and the Argentino. The Argentino was never implemented.".
- Q1142479 wikiPageExternalLink Colacelli_Currency.pdf.
- Q1142479 wikiPageExternalLink 4no3.htm.
- Q1142479 wikiPageExternalLink weatheringrecession.html.
- Q1142479 wikiPageExternalLink user_currencies.html.
- Q1142479 wikiPageExternalLink 93-14.html.
- Q1142479 wikiPageExternalLink 0,8599,199474,00.html.
- Q1142479 wikiPageWikiLink Q13371.
- Q1142479 wikiPageWikiLink Q1486.
- Q1142479 wikiPageWikiLink Q153564.
- Q1142479 wikiPageWikiLink Q1570153.
- Q1142479 wikiPageWikiLink Q176494.
- Q1142479 wikiPageWikiLink Q179941.
- Q1142479 wikiPageWikiLink Q185565.
- Q1142479 wikiPageWikiLink Q19811.
- Q1142479 wikiPageWikiLink Q199578.
- Q1142479 wikiPageWikiLink Q241588.
- Q1142479 wikiPageWikiLink Q28813.
- Q1142479 wikiPageWikiLink Q41171.
- Q1142479 wikiPageWikiLink Q414.
- Q1142479 wikiPageWikiLink Q44753.
- Q1142479 wikiPageWikiLink Q4789434.
- Q1142479 wikiPageWikiLink Q484830.
- Q1142479 wikiPageWikiLink Q4917.
- Q1142479 wikiPageWikiLink Q5926969.
- Q1142479 wikiPageWikiLink Q645426.
- Q1142479 wikiPageWikiLink Q6457586.
- Q1142479 wikiPageWikiLink Q66143.
- Q1142479 wikiPageWikiLink Q7712740.
- Q1142479 wikiPageWikiLink Q822196.
- Q1142479 wikiPageWikiLink Q8986703.
- Q1142479 comment "The Crédito was a local currency started on 1 May 1995 in Bernal, province of Buenos Aires, Argentina, on a garage sale, which was the first of many neighbourhood barter markets (mercados de trueque) that emerged in Argentina during the economic crisis.The operator of this currency was the Red Global de Clubes de Trueque Multirecíproco (RGT),literally "Global Network of Multi-Reciprocal Exchange Clubs" or more simply the "Global Exchange Network" (GEN).The currency started as a Local Exchange Trading Systems (LETS) system but was soon replaced by a number of printed currencies and, after further experimentation with a LETS called nodine (from no dinero, "not money"), finally became the Crédito, a printed currency again.The RGT was organized as a chaordic network of barter clubs, which had a clientele from a well educated middle class that had fallen into unemployment during the Argentine recession of the late 1990s.The clubs of the RGT had no central organ, no central administration and no legislation. ".
- Q1142479 label "Crédito".