Publication: Time Banking™ Is More Than Money for Women in Senegal
Date
2011-10
ISSN
Published
2011-10
Author(s)
Shah, Angana
Samb, Pape
Abstract
Time banking has been used in the United
States since the 1980s to leverage social assistance
funding. Time banking engages a community in creating its
own reform and progress by establishing a system of
exchanging time and skills among community members. Time is
exchanged on the basis of time credits, a currency of
exchange that measures each person's time contribution,
rewards it, and thus encourages further contributions of
time. The result is that skills and assets within the
community are tapped, and economic activity is increased.
There are numerous applications of this flexible tool this
alterative currency. It is being applied in the UK, Japan,
and other parts of the world. This smart lesson looks at the
application of time banking in a developing country,
Senegal, and suggests its potential to leverage development
assistance funds through incorporation into program design.
Citation
“Shah, Angana; Samb, Pape. 2011. Time Banking™ Is More Than Money for Women in Senegal. IFC Smart Lessons Brief. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/a1e4f2d7-833e-56cc-a523-7ab633ef4d63 License: CC BY-NC-ND 3.0 IGO.”
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