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Time Banking: The Missing Link

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Abstract

This study encompasses a thorough literature review of studies on the concept of alternative capital, community currency, time banking, time exchanges and how Time Banks impact the cultural, emotional and social elements of individuals. It also tries to emphasize if alternative money is an inherent need to achieve wholesome capital and if so what factors influence it. The study starts by trying to find various forms of capital and if there exists an inherent need for individuals to look beyond existing currency to alternate forms of capital in order to achieve wholesome satisfaction from capital. It goes further encompassing a thorough literature review of research done on the concepts of alternative capital, community currency, Time Banking, time exchanges and factors dominating the need for such alternate currency exchange systems. The findings focus on the ways in which Time Banks impact the cultural, emotional and social fabric of individuals while, exploring if the concept of Time Banking could be a missing solution for integrated social inclusion of vulnerable communities.

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Authors and Affiliations

  1. Chitkara Business School, Chitkara University, Rajpura, Patiala, Punjab, India

    Bibhu Dash & Namrata Sandhu

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  1. Bibhu Dash
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  2. Namrata Sandhu
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Correspondence to Bibhu Dash.

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Dash, B., Sandhu, N. Time Banking: The Missing Link. Development 61, 164–171 (2018). https://doi.org/10.1057/s41301-018-0177-2

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  • DOI: https://doi.org/10.1057/s41301-018-0177-2

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