(1) The document proposes a complementary currency called Glocal-CityZen that would be used in twin cities to expand local well-being and resources. (2) It would work by the twin cities distributing the currency to tourists and residents being able to spend it on local services, amenities, and businesses, thus promoting social and economic exchange between the cities. (3) The currency aims to benefit the municipalities, local businesses, and residents by increasing tourism, economic opportunities, and social interaction across the twin cities.

1. GLOCAL – CITYZEN
Complementary
Currency
For
Twin Cities

2. Expanding Local
Well Being and
Resources -
Complementary
Currency

3. Examples
From the
World

4. AUSTRIA
Municipal solution to the Big recession in Austria

5. SWITZERLAND -Wir cooperative bank
SME Business 2 Business Network
Switzerland’s Wir cooperative bank is a Successful Credit
Clearing Association it is called “the granddaddy of complementary
currencies”. Since its creation in 1934, the co-op has experienced greater-than-
average activity and growth in periods of economic downturn,
demonstrating that it helps stabilize the Swiss economy.
The WIR bank is a not for profit bank. It serves the interest of the clients, not
the bank itself. It is a very stable system, not prone to failure as the current
banking system is. It remains fully operational even in times of general
economic crisis.
The existence of a bank building and six impressive WIR-owned regional
offices, as well as the following comparison of data speak for themselves.
The membership, at first was completely open, but later it was restricted in
order to build solidarity among the “entrepreneurial middle-class.”
Although WIR started with only 16 members, it has grown rapidly…
1973 1993
Number of Participants 20,402 members 76,618 members
Turnover – In Swiss francs 196 million 2.521 billion
Balance – In Swiss francs 83 million 1.028 billion

6. OTHER CITIES LIKE LONDON ARE
ALREADY IN THE GAME…
UK

7. In upstate New York, Ithaca dollars pay rent, buy
groceries & health club memberships.
USA

8. GERMANY
Yamato “Loves” (Local Value Exchange) currency
Integrated regional systems
(Yamato City, Germany)
Eco Money
in Yamato City
Ithaca Hours
Regional Currency / Regional Point
Fureai Ticket
Due Bill
Mall Point
LETS
(1)
(2)
(3)
Interchanges between: (4)
1) local currencies
2) Citizens
3) citizens & regional currency
4) inside a regional currency

9. BALI

11. GREECE - Volos
• In Volos – Greece during the crises, the shops were full of products
but people didn’t have money so resource exchange was slowed down
and growing unemployment followed up and led to poverty
• The money that originally was created to make trade more efficient
became part of the problem…no money – no Trade…and the results
are great suffering …
• until the local people of Volos invented a local currency named TEM.
The results were outstanding:
The community decides the roles and
management in a democratic way so people
and businesses started using it and
accelerated the resource exchange and
prosperity in the town of Thousands of people.
http://www.youtube.com/watch?v=9y9R0v96K48
BBC Report in YOUTUBE
11

12. JAPAN - Fureai Kippu
• The Fureai Kippu was invented in Japan to address the Social
need of graceful service for old people who live in the area serve
the elderly and receive credits that serve their elderly needs
even if they live far away…over 60,000 people use this system.
INTERVIEW about Fureai Kippu http://www.youtube.com/watch?v=_xmyM_uNXkU
Pension in the future is not certain http://www.youtube.com/watch?v=0eLdNHIddM12k

13. BELGIUM - Ghent
From Poverty to Prosperity
Turning the poorest neighborhood in Ghent - Belgium
into a beautiful integrated community that after 2
years became attractive not only to the people who
live there but even for Real Estate investors…
1st generation immigrants with 20 different languages
Majority of Turks & high rate of unemployment.
When people were asked what they are missing
the most in their life they said:
gardens with flowers, vegetables & fruit trees…

14. Winds of change:
Global Community with common
denominator
Limited resources
Untapped pool of resources at the
community level
Emerging collaborative
consumption and interaction
• The Concept

15. Municipality Development Tool
Touristic Planning Tool
Business Empowerment
Development of Cultural , Artistic
and Social Relations
• The Concept
• The Benefits

16. • The Benefits GLOCAL
–
CITYZEN
Twin Cities
Tourists
Residents
• The Concept

17. How will it Work ?

18. In Frankfurt
i
Frank
from
Frankfurt
I would
like to go
on a
holiday

19. In Tel Aviv
i
Tami
from Tel
Aviv
Promote
ecological
meals

20. Frank
from
Frankfurt
I would
like to go
on a
holiday
WHAT
CAN TEL
AVIV DO
TO GET
FRANK
HERE AND
PROMOTE
TAMI?
• How will it Work?

21. Frank
from
Frankfurt
I would
like to go
on a
holiday
WHAT
CAN TEL
AVIV DO
TO GET
FRANK
HERE AND
PROMOTE
TAMI?
• How will it Work?

22. Tel Aviv accepts
Glocal currency
for:
Bikes
Market spot
Ad space at the
Municipal site
Beach chairs
………
Promote
ecological
meals Benefits for TAMI

23. Benefits for FRANK
MEAL
AT
TAMI’S
BEACH
CHAIR
BIKE
Tel Aviv distributes
100 coins per
tourist from
Frankfurt
Frankfurt
distributes Glocal
for:
Community
Gardening
Reading to the
blind
Bike patrol

24. The municipalities can promote
their agenda
The residents utilize their skills
and time
Social interaction expands
Enhanced tourist experience
More Wellbeing
• The Benefits

25. Who GAINS?
Everyone

26. The Municipality Gains
By:
Promoting their agenda
Developing areas in need
Developing economical projects
Planning cultural events
Sales marketing
Unifying resources
• The Concept
• The Benefits
• How will it Work?
• Who Gains ?

27. The Business Gain
By:
Platform for developing their
business
Efficient marketing
Targeted customers
Low cost
• The Concept
• The Benefits
• How will it Work?
• Who Gains ?

28. The Residence Gain
A new touristic platform that
breaks conventional boundaries
and helps meet
new people
new cultures
in new ways
• The Concept
• The Benefits
• How will it Work?
• Who Gains ?

29. Demo

30. Summary

31. We ,
the policy makers in twin cities,
have the ability to
give each cityZen
the ZEN feeling,
by creating the common value
between
the Global
and
the Local
• The Concept
• The Benefits
• How will it Work?
• Who Gains ?
• Summary