Barter limited by lack of standards
3 April 2012
Bartering is set to take off, thanks to the Internet, but specialist barter companies must set universal standards, a financial expert has warned.
"If there is no action on minimal standards soon, it is going to get harder to complete barter deals,” Bernard Lietaer, chairman of consultancy Terra Global Foundation and one of the constructors of the single European currency when he worked at the Central Bank of Belgium, told a conference on bartering in London last month.
These standards could be set for...