Futures Forum: Relocalisation
Futures Forum: Michael Shuman and economic localisation: "Those counties with the highest density of local and small business were those that actually had the highest level of per capita income growth and were doing the best job of reducing poverty."
... and following a piece on the Resilience website:
Futures Forum: Resilience: "building a world of resilient communities"
... here is something very recent and very relevant:
It’s Money that is Killing the Local EconomyIt’s Money that is Killing the Local Economy
Plus a useful tool to evaluate a local currency:
No small change | new economics foundation
And a general point about the effect of 'big money' on the 'small economy':
Fact: Big-box retailers take money out of the local economy.
Because Walmart and other megachains employ primarily low-wage workers, and have huge multi-national presences, little of the money spent in your local superstore will remain in the local community. A study of the economic impact of local businesses versus large chain stores in New Orleans found that just 16 percent of money spent at the large chain remained in the local community, compared to 32 percent for independent businesses. Educate your consumers about how buying local can help your regional economy, and you may be able to sway them from switching allegiances.
Facts and Fiction About the “Walmart Effect” | Intuit Small Business Blog.