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Please use this identifier to cite or link to this item: http://tar.thailis.or.th/handle/123456789/904

Title: The Alternative Money for Goods and Services Exchange A Case Study of Koyruttakwa Golden Land Community
Authors: Hathairat Wongjirapaitoon
Kritsada Patcharawanich
Issue Date: 27-Aug-2014
Publisher: Faculty of Liberal Arts, Prince of Songkla University
Abstract: The study aims to investigate alternative money for goods and services exchange, the factor of alternative money for goods exchange, form and advantage of using alternative money system in service, and problems in using alternative money system in service. The subjects were the residences in Koyruttakwa Golden Land Community in M.5, Kok Phaet sub-district, Nong Jok district, Bangkok. The total numbers of population is 677, considering to Yamane method and Simple Random Sampling, 250 people were selected with the reliability at 95% The data collecting conducted by questionnaires, interview, and investigation, and the statistics that used in data analyzing are percentage, arithmetic mean. and standard deviation. The results showed that alternative money has been used in foreign country for a period. Using the alternative money with variety of formats provides the sharing economy system, and solves the problem of local unemployment. At present, there are 1,900 systems of the alternative money using around the world (Lietaer 1996 : 31). In Thailand, exchanging by using the alternative money is called ‘Boon Kood Choom’, originated in Kood Choom area in Yasothorn province. The system had begun in 29th March 2000 according to economic recession; the amount of money circulating in the system was low. Funds were insufficient and impede the exchanging of goods, services or payment services. This incident led to movement and support the community, creating the strong and dependent community, applying the resources that could be found in each area based on its culture and traditional belief, and initiating trading system in community in order to support its products and various services. The experimental of using the alternative currency was under in incentive form. For the Koyruttakwa Golden Land Community, the important factors that impact for using the alternative money were the benefits of using the alternative money with high range ( x = 3.57), keep working capital within the community is also in high range ( x = 3.60). Followed with the interesting in learning something new and bringing to unity and support among the community are in high range ( x = 3.59). The research found that the reason that using the alternative currency in incentive form is the rate of employment is up to 36.79%, following with money savings are up to 34.29%. The 69.29% of the subjects got problems from using this system. It was stated that there were few selected trading items at 41.07%, and 20.36% was found that there was limitation period in using the currency system. The inducement to participate the program and giving information to participate should be improved at 38.57% and 37.50% respectively. Using current incentives card to exchange goods and services instead of money caused the volume of trading goods and services within the community increased; hence, the money currency options added as well as the national currency was limited.
URI: http://tar.thailis.or.th/handle/123456789/904
Appears in Collections:The International Conference on Graduate Students Research Work (PENA2009)

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