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Series
4: Programme 4 (of 11) - 'Cash
- No Questions' |
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For centuries the power of the
cash economy has been increasing, money is now
the dominant means of doing business but what
do you do when traditional financial systems do
not work for you? Cash - No Questions tells
the stories of people who have created alternative
schemes designed to support their local community
and local economy. Whether this is exchanging
time, devising new currencies or providing financial
capital to those normally without access, each
programme looks at alternative ways of exchanging
goods and services. |
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Audio
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Video
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| East
Meets West - Poland |
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Poland is one of the youngest countries
in Europe, with over 30 per cent of Poles aged
under 25 years. About 14 million of these young
and well-educated people will be entering the
labour market. Until recently Poland was a Soviet
satellite country, with its economy controlled
under a communist regime. Over the last decade
the country's economy has been in transition,
and state-owned enterprises and rural co-operatives
have been closed or wound down. |
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Video
(Flash format) |
| Street
Savers - India |
Mumbai, known formerly as Bombay, is India's financial
capital and home to several generations of migrants
who moved in search of work. More than half live
in slums and the poorest live on the pavements.
Yet from the shack dwellers, a movement has emerged
that harnesses the collective power of savings
schemes to secure safer living conditions for
the migrants and their children. |
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Video
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| Divine
Intervention - Mexico |
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The metropolis of Mexico City has
grown to a population of over 20 million people,
and even the middle class are struggling to survive.
This dates back to a financial crisis in 1995
which had a profound impact on the economy, causing
"a slump in economic activity, high unemployment
and severe poverty, while people, their labour
and capabilities and local resources were still
available." |
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Video
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| Greenwich
Means Time - UK |
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In one of the financial capitals
of the world, London, a special kind of broker
has set up a new form of trading, replacing traditional
commodities of dollars or gold with a very precious
resource, time. Time banks are being hailed as
a great way to revitalise community involvement.
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Report
(PDF format |
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Audio
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Video
(Flash format) |
| Ithaca
Hours - USA |
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Small business and towns were particularly
vulnerable during the recession in the 1990s in
America. Ithaca, a small city in the Catskill
Mountains in New York State, felt the strain from
global pressures on its limited job and business
market. There were simply not enough dollars to
go round, so they introduced an alternative currency
designed to strengthen the community and help
Ithaca residents to spend their money locally.
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Audio
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Video
(Flash format) |
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