jueves, 29 de noviembre de 2012

Trueque y bancos del tiempo

Leyendo por Internet encontré un artículo muy interesante sobre una gran iniciativa que veo crecer en Sevilla, sobre todo en el centro. Os dejo el enlace y la traducción de un fragmento al inglés, para que los que no sepan español.
While browsing some websites I found an interesting article about a great and growing initiative in Seville, specially in the city center. I post the link and an English translation for the non- Spanish speakers.


Bartering and time banking, the new antidotes against the Spanish crisis

When there is no work, time is gold. To be precise, money. This is the premise that supports the philosophy of a growing branch of Spanish youngsters. In the middle of an economical crisis which burst already five years ago, and brought to Spain the highest unemployment rate in all industrialized countries, there are lots of young people in our country supporting initiatives to fight the hard austerity measures imposed by Mariano Rajoy's government.



It is getting more and more usual to find young people, aged between 20 and 35, with no job, no car, no mortgage and no trusted bank. According to The Wall Street Journal, the consequence is the birth of initiatives such as a “time bank” in the city of Valladolid, which is not a traditional financial institution but an institution where “mutual-aid” services are exchanged within a certain community on an hourly basis. So simple is it. They exchange cleaning services, transportation, cooking, home repair, babysitting or elderly care. Whatever one needs.

This new philosophy includes not only time banking, but also other manifestations which distance from our formal economy principles and have blossomed in the last years as a survival strategy. Bartering markets, or the creation of local currency such as the Eco in Alt Congost (Barcelona) or the Puma, from El Pumarejo (Seville). The shared vegetable gardens are spread virtually all over the country. The main reason for the these alternatives' emergence is the distrust in the Euro and the regulatory authorities.

According to The Wall Street Journal, the amount of alternative banks in Spain- some of them managed by neighbor associations or even by local governments- has increased to 291 in only two years, according to a survey carried out by the platform “Vivir sin empleo”. Many economists show their concern towards the possibility of these “informal systems” spread and fear that the new initiatives, out of the view of regulators and tax collectors, will dash the recovery of Spanish economy.

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