Complementary Currencies (CCs) have been around since the 1980s and are currently being used by over 5000 communities worldwide – ranging from small villages in Africa to whole countries such as Switzerland. CCs have proven to support economic development specifically in regions plagued by liquidity issues, which begs the question: Can a Complementary Currency solution […]
A Remedy Against De-risking of Banks
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International banks are de-risking their business and Caribbean businesses pay a steep price for this. As an example, remember what was happening in Belize in 2016. At this time the majority of Belize’s banks were de-risked. There was no easy way to transfer money in or out of Belize using the banking system, which wreaked […]