An introduction to slow money and its Gandhian roots

Slow money, or patient nurturing capital invested locally in food and basic industries, is a new term but an old notion. This paper examines the cases of the CIGALES clubs of microangels in France and the more recent case of the slow money alliance to ferret out the basic principles and strategies of these movements. It also examines why microcredit, tontines and pawn shops usually fail to qualify for these principles.

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Year of publication:	2013-12-11
Authors:	Ashta, Arvind
Institutions:	Centre Emile Bernheim, Solvay Brussels School of Economics and Management
Subject:	Microangels \| microequity \| microfinance \| slow food \| Gandhism \| proximity \| patient capital \| nurture capital \| venture capital \| business angels \| tontines \| pawn shops

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Extent:	application/pdf
Series:	Working Papers CEB.
Type of publication:	Book / Working Paper
Notes:	Published by: The text is part of a series Working Papers CEB Number 13-047 13 pages long
Classification:	D92 - Intertemporal Firm Choice and Growth, Investment, or Financing ; G24 - Investment Banking; Venture Capital; Brokerage ; O10 - Economic Development. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010723277