IJCCR The UK Transition Currencies
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f) Challenges of scale and demand
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Looking to the future
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67/%3*/4.&)1%)<%/+/3.*)1&3%(4,;/1.%410%.*40&12% ','./;'%')%.74.%.7/%3-**/13,%&'%1).%+&;&./0%.)%34'7% .*41'43.&)1'5%%67&'%?)-+0%74@/%4%1-;A/*%)<% 40@41.42/'%&13+-0&12U V W-37%A/../*%&1<)*;4.&)1%)1%7)?%.7/%3-**/13,%&'% 3&*3-+4.&12%4;)12'.%A-'&1/''/'%410%-'/*'%410%.7-'% ?74.%&1./*@/1.&)1'%?)-+0%A/%;)'.%-'/<-+%&1% /17413&12%.7/%'37/;/
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Acknowledgements 67&'%(4(/*%)*&2&14./0%<*);%4%+)34+%3-**/13,%'/;&14*%)*241&'/0% A,%1/<%K.7/%1/?%/3)1);&3'%<)-104.&)1$%410%67/%6*41'&.&)1% `/.?)*B>%'-(()*./0%A,%.7/%6-0)*%6*-'.5%%]&.7%.741B'%.)% ;/;A/*'%)<%.7/%:.*)-0%Q)-10>%C*&D.)1%Q)-10>%O/?/'%Q)-10%410% 6).1/'%Q)-10%<)*%.7/&*%4''&'.413/%&1%24.7/*&12%&1<)*;4.&)1%<)*% .7&'%4*.&3+/%410%.)%`)/+%O)127-*'.%410%W)++,%:3)..SH4.)%<)*% 3);;/1.'%)1%.7/%(4(/*5
V N(()*.-1&.&/'%.)%&13+-0/%.7/%E&1413&4++,%/D3+-0/0%)*% .7)'/%?7)%3411).%2/.%433/''%.)%4%A41B%433)-1.>%<)*% /D4;(+/%.7*)-27%-'&12%;)A&+/%(7)1/'%.)%'.)*/% 3*/0&.'%X
International Journal of Community Currency Research 15 (2011) D 61-67
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