Product details

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Abstract

The case presents Sardex, a local complementary currency in the relative poor Mediterranean island of Sardinia designed to alleviate the economic hardships brought by the economic crisis of 2008.The reader gets an insight into the economic contexts of these currencies, the functioning of one of its most common designs (mutual credit systems or LETS), as well as the work of embedding these local currencies into networks of social and economic relationships.The reader is then presented with the question of how to strengthen such initiatives through either involvement of local public agencies or development of inter-community trade.The case ends at the moment the Sardex management team has to decide on the currency's future strategy.

Teaching and learning

This item is suitable for undergraduate and postgraduate courses.

Time period

The events covered by this case took place in 2021.

Geographical setting

Region:
Europe
Country:
Italy
Location:
Sardinia

Featured company

Sardex S.p.A.
Employees:
51-200
Type:
Privately held
Industry:
Alternative finance

Featured protagonist

  • Giuseppe Littera and co-managers (male), ICT Director

About

Abstract

The case presents Sardex, a local complementary currency in the relative poor Mediterranean island of Sardinia designed to alleviate the economic hardships brought by the economic crisis of 2008.The reader gets an insight into the economic contexts of these currencies, the functioning of one of its most common designs (mutual credit systems or LETS), as well as the work of embedding these local currencies into networks of social and economic relationships.The reader is then presented with the question of how to strengthen such initiatives through either involvement of local public agencies or development of inter-community trade.The case ends at the moment the Sardex management team has to decide on the currency's future strategy.

Teaching and learning

This item is suitable for undergraduate and postgraduate courses.

Settings

Time period

The events covered by this case took place in 2021.

Geographical setting

Region:
Europe
Country:
Italy
Location:
Sardinia

Featured company

Sardex S.p.A.
Employees:
51-200
Type:
Privately held
Industry:
Alternative finance

Featured protagonist

  • Giuseppe Littera and co-managers (male), ICT Director

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