Description
Using alternative economic systems involves implementing non-traditional models—such as cooperatives, barter networks, local currencies, or sharing economies—to address shortcomings of conventional market economies. This strategy aims to enhance economic resilience, promote social equity, and ensure sustainable resource use by diversifying economic structures. It remedies issues like inequality, exclusion, and environmental degradation by fostering community participation, local empowerment, and more equitable distribution of resources and opportunities.
Broader
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Facilitates
Facilitated by
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
- Cybernetics » Systems
- Economics » Economic
- Innovative change » Alternatives
Content quality
Yet to rate
Language
English
1A4N
J0998
DOCID
12009980
D7NID
197026
Editing link
Official link
Last update
Dec 3, 2024