E3S Web of Conferences
Volume 6, 2016International Conference on Sustainable Cities (ICSC 2016)
|Number of page(s)||7|
|Section||Section 1: Strategic guidelines for sustainable development of the urban environment to improve the quality of life and restore nature|
|Published online||21 June 2016|
The model of localized business community economic development under limited financial resources: computer model and experiment
1 Ural Federal University, 620002, Yekaterinburg, Russia
2 Institute of Economics, Ural Branch of RAS, 620014, Yekaterinburg, Russia
a Corresponding author: Bergd@mail.ru
Globalization processes now affect and are affected by most of organizations, different type resources, and the natural environment. One of the main restrictions initiated by these processes is the financial one: money turnover in global markets leads to its concentration in the certain financial centers, and local business communities suffer from the money lack. This work discusses the advantages of complementary currency introduction into a local economics. By the computer simulation with the engineered program model and the real economic experiment it was proved that the complementary currency does not compete with the traditional currency, furthermore, it acts in compliance with it, providing conditions for the sustainable business community development.
© Owned by the authors, published by EDP Sciences, 2016
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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