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100			_aThygesen, Niels _943021
245			_agift economy and the development of sustainability
260			_bSage, _c2019.
300			_aVol 34, Issue 6, 2019(493-509 p.)
520			_aThis article contends that a new perspective on the economy – a gift economy – would be beneficial to the development of sustainability. The principles and practices of the gift economy (giving, receiving and reciprocating) are exemplified by a case study of the Danish island of Samsø, which has used it to achieve environmental sustainability, improve its economic situation and generate social value. In order to illustrate the values and principles that underpin the gift economy, the article shows the underlying exchange mechanisms used in this modern version of ‘gift-giving’ and contrasts them to using money as the medium of exchange. One of the mainstays of the gift economy is the willingness and obligation to reciprocate, and the case study highlights some of the original ways of organising that have emerged from the gift economy on Samsø and how significantly they differ from organising and managing by budgets. As such, the article attempts to reframe the understanding of the economy and, in particular, to qualify and illustrate the potential of the organising principles behind the gift economy and encourage readers to conduct further research and engage in initiatives that will make a positive contribution to the development of sustainability.
650			_agift economy, _943022
650			_a public value, _943023
650			_asocio-economics, _930749
650			_asustainability, _943024
650			_asystems theory _943025
773	0		_011252 _915503 _dSage, 2019. _tLocal economy
856			_uhttps://doi.org/10.1177/0269094219882261
942			_2ddc _cART