Local currencies for territorial development: lessons from a national survey in France

Jerome Blanc, Marie Fare and Oriane Lafuente-Sampietro

Regional Studies, 2025, vol. 59, issue 1, 2120974

Abstract: This article analyses how convertible local currencies (CLCs) contribute to their circulating territory, in the case of France, where a systematic survey was held in 2019–20. It builds a framework in which CLCs contribute to a territorialized infrastructure and assume functions of territorial intermediation, thus supporting a territorial development process. It examines how the CLC organizations define their territory, before assessing the territorial development they carry, with evidence about their size, role in the territorial coordination of actors and governance issues. This assessment raises doubts about their actual contribution to territorial development, while possible achievements are discussed.

Date: 2025
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Working Paper: Local Currencies for Territorial Development: Lessons from a National Survey in France (2025)
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DOI: 10.1080/00343404.2022.2120974

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