Difference between revisions of "The increasing role of barter in the global economy"

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==Enablers:==
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* [S. Demircioglu]Internet creating a continuous and global marketplace
* The increasing use of Internet can provide the challenge to find somebody who is willing to barter.
* The increasing unstability of the US dollar according to Euro and Yen.
* Increasing globalization of the markets [[The increasing globalization of markets]]
* Technology to find the barter trade like Internet, and eBay like sites.
* [S. Demircioglu]Slowing economy helping the barter exchange to grow
* [S. Demircioglu]Markets getting nervous not only about the dollar but about paper currencies in general
* [S. Demircioglu]Banks and financial institutions losing trust in the business context
* [S. Demircioglu]Enormous and ever-growing computing power to facilitate direct exchanges


==Inhibitors:==
==Inhibitors:==

Revision as of 14:23, 29 May 2010

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Inhibitors:

  • The use of less currencies, for example forming of the Euro, countries use USD instead of own currency
  • New laws which sets rules to barter
  • Stability of the financial marketes.
  • [S. Demircioglu]Regulations inhibiting the growth of the global barter economy to police the system: E.g. Taxes can not be collectedwhen no money is exchanged

Paradigms:

The value and use of money diminishes.

Revolution in the monetary systems and use of money.

[S. Demircioglu]What makes barter unique is that besides goods and commodities, it facilitates bartering and giveaways of services and even concepts

Experts:

-


Timing:

The role of Barter is increasing, and will increase in the next years. The trend will continue the next decades.


Web Resources:

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