Social Trade Organisation
Innovations for the local economy
In a globalized world, local economies easily end up at the impoverished end of the trade/wealth spectrum. In fact, many communities have been paralyzed for years in needless economic depressions.
Social Trade Organization (STRO) targets these communities with its innovative solutions that increase the purchasing power through new forms of money and credit and by making existing purchasing power circulate longer within a given community or region.
| Making money work |
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The current economic and financial crisis has made a lot of people aware that our current monetary system with its interest bearing money does not properly perform its function of organizing the economy along desirable standards. For two decades, the STRO Group has been working on new ways to make money work even in conditions of a semi-permanent economic depression. Through research STRO has developed and tested pilot projects and built the software needed to support these projects. |
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| Innovative credit for SME |
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Small and Medium Enterprises are important sources of innovation and job creation and are therefore necessary elements in any model of sustainability in a changing world. However, SMEs have great difficulties in attracting credit. SMEs in poor communities face yet another problem: purchasing power rapidly leaves the community before it can facilitate trade between local enterprises. STRO's Commercial Credit Circuit (C3) creates additional credit for these companies and encourage more purchasing demand to circulate in the local markets. |
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| Biofuels for local use |
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Bio-fuels get a lot of attention because of climate change and the limited resources of fossil fuels. STRO believes that the focus should be on local use, not on the export, of bio-fuel. Social TRade intends to foster local economies that are varied and sustainable. A community that offers only one commodity to the world market tends to lose its social and cultural structure. Social TRade emphasizes the development of diversified local economies. Production of fuels for local use is a logical first step. |
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