Journal of Rural Problems
Online ISSN : 2185-9973
Print ISSN : 0388-8525
ISSN-L : 0388-8525
Creating a Localized Economy
Theoretical Potential of LETS
Osamu Nakamura
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JOURNAL FREE ACCESS

2003 Volume 39 Issue 3 Pages 252-259

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Abstract
Across Japan, active efforts for LETS (Local Exchanges and Trading System) are being made. However, none of them are attempts that could create a regional economy.
Given this factor, I have made a concrete dissertation in this report by associating such specific policies as recycling-oriented society and local production for local consumption with LETS.
Furthermore, I have empirically examined the potentials of LETS from the perspective of Ricard's economic theory and the notion of the regionality of ideas.
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© The Association for Regional Agricultural and Forestry Economics
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