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Boosting Local Economies: The Impact of N-Contour Gesellian Money on Regional Growth

Boosting Local Economies: The Impact of N-Contour Gesellian Money on Regional Growth
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Author(s): Rinat Galiautdinov (Independent Researcher, Italy)
Copyright: 2023
Pages: 14
Source title: Handbook of Research on Bioeconomy and Economic Ecosystems
Source Author(s)/Editor(s): Ana Pego (Universidade Nova de Lisboa, Portugal)
DOI: 10.4018/978-1-6684-8879-9.ch004

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Abstract

This article explores the practical use of Gesellian money in several local regions which allowed the authors to collect the data and research the influence of the Gesellian model on the local economies. The implementation of Gesellian money has resulted in a significant increase in the turnover of money within local economies, which has helped to save struggling businesses that were unable to pay their employees. By using Gesellian money, local businesses have been able to circulate more money within their communities, leading to a more sustainable and prosperous economy. The implementation of Gesellian money has proven to be an effective tool for stimulating local economies and supporting small businesses. The research also showed that introduction of Gesellian model allows to avoid crucial crises in economy. The article also provides the solution of introduction Gesellian model into big economies using n-contour which allows to consider different growth amplitude of local economies, and the instruments for interaction between local economies and local-to-international economies.

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