ECHOES FROM ECCO Volume 4. Offset and the Economy
As this volume shows, offset has been around since time immemorial. It is no exaggeration to say that barter – the earliest economic trading system – has survived for thousands of years, and is still in use today. Barter is multilateral, and a quick surf on the Internet confirms that it has gone digital. This cash-free means of trade is often used during lean periods. In today’s ever-shifting global economy, out-of-the-box thinking is needed to meet offset requirements.