Creating endogenous growth: introducing community inclusion currencies within rural communities

Kuika Watat, Josue and Ruddick, William O. (2022) Creating endogenous growth: introducing community inclusion currencies within rural communities. In: Elbanna, Amany, McLoughlin, Shane, Dwivedi, Yogesh K., Donnellan, Brian and Wastell, David, (eds.) Co-creating for Context in the Transfer and Diffusion of IT. TDIT 2022. IFIP Advances in Information and Communication Technology. IFIP Advances in Information and Communication Technology (IFIPAICT), 660 . Springer, Cham, Switzerland, pp. 346-352. Full text not available from this repository.

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Although economic cooperation has significantly enhanced countries’ development, the countryside remains an economically underprivileged region in Africa. The scarcity of mainstream financial resources is mentioned as a contributing factor to difficulties experienced by rural communities. This research explores mechanisms for introducing blockchain based community currency in African rural areas to mitigate social and economic challenges. To achieve the objective of the study, extant literature was scoured to distil past studies and expand on a theoretical framework. The results reflect on the intricacies of financial systems in the continent’s economies, including the necessity to pinpoint key areas that drive willingness to embrace alternative financial instruments. The study’s findings will be invaluable for financial institutions and organizations engaged in economic cooperation and lay a crucial theoretical basis for future research.

Item Type: Book Section
Publisher: Springer
ISBN: 9783031179686
Departments: Institute of Business, Industry and Leadership > IFLAS
Additional Information: William O. Ruddick is an associate scholar at the Institute for Leadership and Sustainability (IFLAS) at the University of Cumbria, specializing in complementary currency research and implementation in sustainable development programmes. Paper presented at International Working Conference on Transfer and Diffusion of IT.
Depositing User: Anna Lupton
Date Deposited: 04 Oct 2022 09:25
Last Modified: 04 Oct 2022 09:25
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