TY  - JOUR
AB  - 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.
VL  - 30
IS  - 9
SN  - 0306-8293
DO  - 10.1108/03068290310487531
UR  - https://doi.org/10.1108/03068290310487531
AU  - Lietaer Bernard
AU  - De Meulenaere Stephen
PY  - 2003
Y1  - 2003/01/01
TI  - Sustaining cultural vitality in a globalizing world: the Balinese example
T2  - International Journal of Social Economics
PB  - MCB UP Ltd
SP  - 967
EP  - 984
Y2  - 2024/04/20
ER  -