It is generally accepted that massive tourism and a vibrant indigenous culture are mutually exclusive. Bali has so far proven to be an exception to this rule. This article explores a hitherto overlooked socio‐economic mechanism behind that exception. It is a dual complementary currency system used for centuries by highly decentralized and democratic decision‐making organizations. The reasons why such a dual currency system is so effective in mobilizing popular cultural creativity is investigated, and a systems framework is proposed to determine the conditions under which this model could be applicable outside of Bali. This framework is then tested with a second case study: traditional shell currencies in Papua New Guinea. Finally, some potential applications in areas in the world other than traditional cultures are portrayed.
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1 September 2003
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September 01 2003
Sustaining cultural vitality in a globalizing world: the Balinese example
Bernard Lietaer;
Bernard Lietaer
Center for Sustainable Resources and Agriculture, University of California at Berkeley, California, USA
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Stephen De Meulenaere
Stephen De Meulenaere
Rural Economic Development Consultant, Indonesia
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Publisher: Emerald Publishing
Online ISSN: 1758-6712
Print ISSN: 0306-8293
© MCB UP Limited
2003
International Journal of Social Economics (2003) 30 (9): 967–984.
Citation
Lietaer B, De Meulenaere S (2003), "Sustaining cultural vitality in a globalizing world: the Balinese example". International Journal of Social Economics, Vol. 30 No. 9 pp. 967–984, doi: https://doi.org/10.1108/03068290310487531
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