A perspective on the new types of money as the organization's answer to the challenges of the globalization

Cristina Drumea

MPRA Paper from University Library of Munich, Germany

Abstract: The globalization of the economic activity is profoundly changing long established concepts, customs and ways of doing business all around the globe. One of those concepts is the currency. The globalization and the Internet, really two facets of the same phenomenon, people hugely removed in every way, can meet in the marketplace to exchange their wares. Which money should they use? Is the government issued currency fit for all the exchange purposes? This article will attempt to paint one more way in which the large corporations can act more like national governments.

Keywords: alternative money; globalization; Government's policy; new fiat currencies (search for similar items in EconPapers)
JEL-codes: D23 E31 E59 (search for similar items in EconPapers)
Date: 2007-07
New Economics Papers: this item is included in nep-mac and nep-mon
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Published in Annual ARA Congress Proceedings 31st ARA Congress - Proceedings, Presses Internationales Politechniques, 2007 ISBN 978-2-553-01412-3.31st A(2007): pp. 311-312

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