The Chronicle of Philanthropy

'Time Bank' Concept of Swapping Services Gains Ground Internationally

By Sara Anne Donnelly

The time-banking phenomenon, in which neighborly deeds can be used to earn "time dollars" that are traded for similar favors, has not been limited to the United States.

More than 300 time banks exchange virtual dollars in 20 countries, according to the Time Dollar Institute, in Washington. New networks in Australia,...

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