Exploring the Cooperative Economy Report 2019 Report 2019

Total Page:16

File Type:pdf, Size:1020Kb

Exploring the Cooperative Economy Report 2019 Report 2019 EXPLORING THE COOPERATIVE ECONOMY REPORT 2019 REPORT 2019 EXPLORING THE COOPERATIVE ECONOMY www.monitor.coop Titolo capitolo 1 THE 2019 WORLD Bruno Roelants THE WORLD COOPERATIVE MONITOR IS AN INTERNATIONAL COOPERATIVE ALLIANCE INITIATIVE WITH THE SCIENTIFIC SUPPORT OF EURICSE COOPERATIVE MONITOR Gianluca Salvatori EXPLORING THE COOPERATIVE ECONOMY MADE POSSIBLE BY THE SUPPORT OF OUR ORGANISATIONAL PARTNERS The International Cooperative Alliance (ICA) and the We have also continued in this year’s report with the analysis European Research Institute on Cooperative and Social of the contribution of the Top 300 to meeting the objectives of the Enterprises (Euricse) are pleased to present the eighth UN Sustainable Development Goals (SDGs). Utilizing documents annual World Cooperative Monitor report. This publica - reported in the Global Reporting Initiative (GRI) format, we ana- tion reports on the world’s largest cooperatives and mu - lysed indicators related to SDG 8 (inclusive and sustainable eco- tuals, or groups of cooperatives and mutuals, providing nomic growth, full and productive employment and decent work rankings of the Top 300 and sectoral analysis based on for all) to demonstrate the concrete actions taken by the Top 300 2017 financial data. towards meeting this goal. Three cases in particular related to SDG 8 are explored within the report: Up Groupe (France), KRIB- This year we have included additional data collection: HCO (India), and SOK (Finland). These cases present initiatives employment figures, cooperative type, and classification that cooperatives have implemented not only internally, but in of economic activity. The changes are discussed more ful- the community and along entire supply chains. ly in the methodology section, but our aim is to go beyond the Top 300 ranking based on turnover to explore more We would especially like to thank all of the contributors and fully the dynamics of the cooperative movement. And this collaborators, the organisations that provided their data, and the FOR INFORMATION CONTACT is a step in that direction. supporters of this year’s World Cooperative Monitor. www.monitor.coop [email protected] 3 INDEX WCM 2019 6 2017 HIGHLIGHTS WCM database and key results 16 SECTOR RANKINGS Agriculture and Food Industries Industry and Utilities Wholesale and Retail Trade Insurance Financial Service Education, Health and Social Work Other services 32 TOP 300 AND SDG 8 The Top 300 and SDG 8: contributions to inclusive and sustainable economic growth, full and productive employment and decent work for all Interview with Diana Dovgan (CICOPA) Case stories from Up Group, SOK, KRIBHCO 58 METHODOLOGY Methodology and Data Sources 67 TOP 300: RANKINGS AND EMPLOYMENT DATA Top 300 Rankings by Turnover in USD with employment data Top 300 Rankings by Turnover over GDP per capita 120 TEAM, ADVISORY COMMITTEE, ORGANISATIONAL PARTNERS The World Cooperative Monitor team and advisory committee Promoters and Organisational partners EXPLORING THE COOPERATIVE ECONOMY REPORT 2019 2017 HIGHLIGHTS TOP 300 BASED ON TURNOVER IN USD AND KEY RESULTS TOP 300 TOTAL TURNOVER: 2,034.98 BILLION US$ The World Cooperative Monitor is a project designed institutes, and other organisations, and the use of a TOP 300 TURNOVER USD to collect robust economic, organisational, and social questionnaire to collect data directly from enterprises. Geographical distribution data about cooperatives, mutual organisations and Euricse makes every effort to then complete the dataset EUROPE non-cooperative enterprises controlled by coopera- through online research and consultation of financial _ tives worldwide. It is the only report of its kind collect- statements and annual reports. France 38 ing annual quantitative data on the global cooperative Germany 30 Netherlands 18 movement. In total this year’s database contains 4,575 organisa- Italy 14 tions: 1,152 from Europe, 3,218 from Americas, 197 Finland 10 The data collected for the 2019 edition of the World Co- from Asia-Pacific, and 8 from Africa. Data collection Denmark 7 operative Monitor is from the year 2017. The primary is concentrated on the world’s largest cooperative Norway 7 Sweden 7 sources of data include existing databases of economic and mutual organisations; 1,049 of the organisations in UK 7 data, data collected by national associations, research the database have a turnover over 100 million USD. Switzerland 6 Austria 5 Belgium 4 Spain 4 DATA FOR 2017 COMES FROM: Ireland 1 Poland 1 Total 159 74.4% 21.7% 3.5% 0.4% Private Existing Desk Submitted AMERICAS databases rankings research _ USA 85 ASIA-PACIFIC Canada 8 _ Brazil 5 Japan 18 Argentina 2 New Zealand 7 This report presents rankings based on turnover as well as the ratio of turnover over Gross Domestic Prod- Total 100 Australia 6 Republic of Korea 4 uct (GDP) per capita. The ratio of turnover over GDP per capita measures the turnover of the Top 300 coop- India 2 erative and mutual enterprises in terms of the purchasing power of an economy, relating the turnover Singapore 2 of the enterprise to the wealth of the country. It does not compute the contribution of each enterprise Malaysia 1 to the national GDP. Rather, it measures the size of the enterprise in its national context. Saudi Arabia 1 Total 41 6 2017 Highlights 2017 Highlights 7 EXPLORING THE COOPERATIVE ECONOMY REPORT 2019 TOP 300 TURNOVER USD TOP 300 TURNOVER USD Economic activities Top 10 53 RANK ORGANISATION COUNTRY ECONOMIC TYPE TURNOVER 2017 NUMBER OF FTE vs (17.7%) 2017 ACTIVITY (BILLION US$) EMPLOYEES 2017 HEADCOUNT 1 Groupe Crédit France consumer/ 96.25 139,000 FTE 95 Agricole user (31.7%) 5 2 Groupe BPCE France consumer/ 59.03 106,463 Headcount (1.7%) user 3 REWE Group Germany producer 55.85 345,434 Headcount 3 (1%) 4 BVR Germany consumer/ 55.29 177,248 Headcount user 21 5 Zenkyoren Japan producer 51.69 6,282 Headcount 117 (7%) (39%) 2 6 Nippon Life Japan mutual 48.36 86,394 Headcount (0.7%) 3 7 State Farm USA mutual 42.42 65,664 (1%) 1 8 ACDLEC - E. France producer 42.01 Leclerc (0.3%) 9 Zen-Noh Japan producer 41.37 7,446 Headcount 10 Nonghyup Republic of producer 38.82 100,594 Headcount (NACF) Korea SECTOR LEGEND AGRICULTURE AND FOOD INDUSTRIES INDUSTRY EDUCATION, HEALTH AND SOCIAL WORK INSURANCE FINANCIAL SERVICE UTILITIES FISHING WHOLESALE AND RETAIL TRADE HOUSING OTHER SERVICES 8 2017 Highlights 2017 Highlights 9 EXPLORING THE COOPERATIVE ECONOMY REPORT 2019 TOP 300 BASED ON TURNOVER OVER GDP PER CAPITA TOP 300 TURNOVER USD TOP 300 TURNOVER/GDP PER CAPITA Type Geographical distribution AMERICAS Consumer/user 62 Worker 6 _ EUROPE USA 53 _ Colombia 10 France 38 Multistakeholder Mutual 1 99 Canada 8 Germany 28 Argentina 7 Italy 17 Producer Non coop Brazil 6 Netherlands 14 119 13 Bolivia 1 Finland 10 Costa Rica 1 Sweden 7 Jamaica 1 UK 7 Mexico 1 Denmark 6 Uruguay 1 Austria 5 TOP 300 GROUPED BY TURNOVER BRACKET (USD) Total 89 Switzerland 5 Belgium 4 Norway 4 30-100 BLN 15 Spain 4 Poland 2 10-30 BLN 34 Turkey 2 Ireland 1 5-10 BLN 47 Total 154 2-5 BLN 98 0-2 BLN 106 ASIA-PACIFIC _ Japan 18 India 14 AFRICA: _ New Zealand 6 South Africa 3 Republic of Korea 4 Kenya 2 Australia 3 Algeria 1 Singapore 2 Total 6 China 1 Malaysia 1 Philippines 1 Saudi Arabia 1 Total 51 10 2017 Highlights 2017 Highlights 11 EXPLORING THE COOPERATIVE ECONOMY REPORT 2019 TOP 300 TURNOVER/GDP PER CAPITA TOP 300 TURNOVER/GDP PER CAPITA Economic activities Top 10 RANK ORGANISATION COUNTRY ECONOMIC TYPE TURNOVER/GDP NUMBER OF FTE vs 52 2017 ACTIVITY PER CAPITA 2017 EMPLOYEES 2017 HEADCOUNT (17.3%) 86 1 Groupe Crédit France consumer/ 2,488,506.09 139,000 FTE 2 Agricole user (28.7%) (0.7%) 2 Gujarat Cooperative India producer 2,266,597.01 2 Milk Marketing Federation Limited (0.7%) 6 3 IFFCO - Indian India producer 1,823,659.36 5,012 Headcount Farmers Fertiliser (2%) Cooperative Limited 114 33 4 Groupe BPCE France consumer/ 1,526,215.18 106,463 Headcount (38%) (11%) user 4 1 5 Zenkyoren Japan producer 1,348,530.03 6,282 Headcount (0.3%) (1.3%) 6 Nonghyup (NACF) Republic of producer 1,305,160.83 100,594 Headcount Korea 7 Nippon Life Japan mutual 1,261,680.79 86,394 Headcount TOP 300 TURNOVER/GDP PER CAPITA 8 REWE Group Germany producer 1,249,940.90 345,434 Headcount Type 9 BVR Germany consumer/ 1,237,389.47 177,248 Headcount Consumer/user 75 Mutual 92 user Producer 10 ACDLEC - E. France producer 1,086,188.90 107 Non coop 16 Leclerc Worker 10 12 2017 Highlights 2017 Highlights 13 EXPLORING THE COOPERATIVE ECONOMY REPORT 2019 UK France Japan The UK Co-operative La cooperation agricole et agroalimentaire, Top 10 Community-Based Economy report – published Panorama and Les 100 plus grandes entreprises Retail Co-ops in Japan – by Co-operatives UK coopératives françaises – published by CoopFR published by JCCU NATIONAL RANKINGS USA Top 100 Agriculture Cooperatives - The highlighted countries publish published by United States Department of Agriculture Rural Development (USDA) or have recently published Spain Malaysia a national ranking of the largest NCB Co-op 100 - published by National Listado de empresas más relevantes de la Top 100 cooperatives in Malaysia – Cooperative Bank (NCB) cooperatives or a report on their Economía social – published by CEPES published by Suruhanjaya Koperasi country’s cooperative movement Malaysia (SKM) including rankings based on turnover of cooperatives. The World Cooperative Monitor encourages national organisations and federations at all levels to collect as much data as possible. Colombia Australia If you would like assistance Desempeño Sector Cooperativo Colombiano National Mutual Economy Report – published by Confecoop - Confederación de – published by Business Council of creating your national ranking Cooperativas de Colombia Co-operatives and Mutuals or report, we are available to assist you and to share our methodology.
Recommended publications
  • World Co-Operative Monitor Explorative Report 2012
    EXPLORING THE CO-OPERATIVE ECONOMY EXPLORATIVE REPORT 2012 EXPLORING THE CO-OPERATIVE ECONOMY Download PDF THE 2012 WORLD CO-OPERATIVE MONITOR EXPLORING THE CO-OPERATIVE ECONOMY AN ICA WITH THE SCIENTIFIC IN OCCASION OF INTERNATIONAL INITIATIVE COLLABORATION OF EURICSE YEAR OF COOPERATIVES As the International Year of Co-operatives draws to a Thanks to the support of Crédit Coopératif, the Desjardins close, this is an opportune time to reflect on an exciting Group, the Indian Fertiliser Cooperative Limited (IFFCO), year full of opportunities and initiatives that celebrate Organisação das Cooperativas Brasileiras (OCB), and organisations, in which co-operative members, who own The Co-operative Group, ICA has now partnered with the and govern a business, collectively benefit. European Research Institute on Cooperative and Social Enterprises (Euricse) to re-launch the Global300 in 2012 Scalability, value-based sustainability, and democracy as the World Co-operative Monitor. MADE POSSIBLE BY THE SUPPORT OF OUR SPONSORS are the three key messages utilised to promote a model of business that supports the social and economic Euricse, which since its founding has been committed development of economies, communities, and individuals to promoting knowledge about co-operative organisations, around the world. believes strongly in the need to monitor co-operatives and SistemaOCB to continue the work begun with the Global300. CNCOOP - OCB - SESCOOP Throughout this year, the International Co-operative Alliance (ICA) has promoted and supported a large number The goal is to move beyond the largest 300 and beyond of initiatives. As the global voice of co-operatives, ICA the measure of annual turnover. To accomplish this, ICA will determined that the International Year of Co-operatives also be partnering with other co-operative lists, by country and presented the perfect opportunity to collect data on the sector, sharing data where possible and making it available largest co-operatives in the world.
    [Show full text]
  • The COVID-19 Outbreak Update from Legacoop, Italy
    The COVID-19 outbreak update from Legacoop, Italy https://www.ilo.org/global/topics/cooperatives/news/WCMS_7399... Advancing social justice, promoting decent work ILO is a specialized agency of the United Nations The COVID-19 outbreak update from Legacoop, Italy This update provide insights on the impact of the COVID-19 pandemic on Italian cooperative enterprises, and measures being taken by them to support workers, members/customers, and people in their communities affected by the crisis. News | 27 March 2020 "We are women and men cooperators who are present right alongside the doctors and nurses, keeping hospitals clean, operating in supermarkets, offices, warehouses, kitchens and thermal power plants. We are the ones working in social cooperatives to keep assistance alive for populations that were already vulnerable before the pandemic and are even more so after.” - Mauro Lusetti, President, Legacoop The Covid-19 pandemic has impacted life dramatically in Italy. On 25 March there were 74,386 confirmed cases with 7,503 deaths and 9,362 recoveries. The stringent measures adopted by the Italian Government, needed to slow down and contain the virus, have had seriously detrimental consequences for enterprises in the country. Regarding cooperative enterprises, if the emergency situation and the measures around the coronavirus pandemic continue for a longer period, it is expected that workers at risk could reach at least 265,000. This estimate is based on the number of workers and worker members in cooperatives in a number of key sectors, including: Social cooperatives pointed out that 200,000 workers could be at risk only in their sector, as they are precluded from carrying out activities of general interest, such as taking care of elderly and disabled people due to the closure of day centres, or interruption of home care, as well as 1 sur 4 17/04/2020 à 10:43 The COVID-19 outbreak update from Legacoop, Italy https://www.ilo.org/global/topics/cooperatives/news/WCMS_7399..
    [Show full text]
  • Bibliography of Cooperatives and Cooperative Development
    Bibliography of Cooperatives and Cooperative Development Compiled by the following Illinois Institute for Rural Affairs personnel: Original, 1999 Christopher D. Merrett, PhD, IIRA director and professor Norman Walzer, PhD, professor of Economics and IIRA director emeritus Update, 2007 Cynthia Struthers, PhD, associate professor, Housing/Rural Sociology Program Erin Orwig, MBA, faculty assistant, Value-Added Rural Development/Cooperative Development Roger Brown, MBA, manager, Value-Added Rural Development/Cooperative Development Mathew Zullo, graduate assistant Ryan Light, graduate assistant Jeffrey Nemeth, graduate assistant S. Robert Wood, graduate assistant Update, 2012 Kara Garten, graduate assistant John Ceglarek, graduate assistant Tristan Honn, research assistant Published by Illinois Institute for Rural Affairs Stipes Hall 518 Western Illinois University 1 University Circle Macomb, IL 61455-1390 [email protected] www.IIRA.org This publication is available from IIRA in print and on the IIRA website. Quoting from these materials for noncommercial purposes is permitted provided proper credit is given. First Printing: September 1999 Second Printing: September 2007 Third Printing: June 2012 Printed on recycled paper Table of Contents I. Introduction ................................................................................................................................................1 II. Theory and History of Cooperatives ....................................................................................................3 III. Governance,
    [Show full text]
  • In Denemarken
    FOOD RETAIL IN DENEMARKEN FLANDERS INVESTMENT & TRADE MARKTSTUDIE FOOD RETAIL IN DENEMARKEN December 2015 Flanders Investment & Trade Gothersgade 103, 2. Sal DK-1123 København K Tel.nr. +45 33 13 04 88 - [email protected] Inhoudstabel 1 Algemene informatie ................................................................................................................ 3 2 Marktinformatie ....................................................................................................................... 3 3 Marktstructuur ......................................................................................................................... 4 3.1 Overzicht marktaandeel van concerns en ketens 2014..................................................... 4 3.2 De belangrijkste spelers................................................................................................. 5 3.3 Overzicht met contactgegevens ..................................................................................... 8 3.4 Overzicht verschillende types warenhuizen in Denemarken ........................................... 10 3.5 Online supermarkten .................................................................................................. 10 4 De kiosken en groothandelaars ................................................................................................ 11 5 Foodservice............................................................................................................................ 13 6 Prijsniveau van voeding en dranken
    [Show full text]
  • Handbook on Cooperatives for Use by Workers' Organizations
    Handbook on Cooperatives for use by Workers’ Organizations Guy Tchami Cooperative Programme International Labour Office Geneva Copyright © International Labour Organization 2007 Publications of the International Labour Office enjoy copyright under Protocol 2 of the Universal Copyright Convention. Nevertheless, short excerpts from them may be reproduced without authorization, on condition that the source is indicated. For rights of reproduction or translation, application should be made to the ILO Publications (Rights and Permissions), International Labour Office, CH-1211 Geneva 22, Switzerland, or by email: [email protected]. The International Labour Office welcomes such applications. Libraries, institutions and other users registered in the United Kingdom with the Copyright Licensing Agency, 90 Tottenham Court Road, London W1T 4LP [Fax: (+44) (0)20 7631 5500; email: [email protected]], in the United States with the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923 [Fax: (+1) (978) 750 4470; email: [email protected]] or in other countries with associated Reproduction Rights Organizations, may make photocopies in accordance with the licences issued to them for this purpose. ILO / Guy Tchami Handbook on cooperatives for use of Workers’ Organizations (Geneva), International Labour Office, (2007) Translated in English by Joan S. Macdonald ISBN 978-92-2-115655-0 Also available in French : Manuel sur les coopératives à l’usage des organisation de travailleurs, (ISBN 92-2-215655-2) Geneva, (2006) The designations employed in ILO publications, which are in conformity with United Nations practice, and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the International Labour Office concerning the legal status of any country, area or territory or of its authorities, or concerning the delimitation of its frontiers.
    [Show full text]
  • Credit Unions
    Developments in Consumers’ Cooperatives in 1951 Bulletin No. 1073 UNITED STATES DEPARTMENT OF LABOR Maurice J. Tobin, Secretary BUREAU OF LABOR STATISTICS Ewan Clague, Commissioner Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Developments in Consumers’ Cooperatives in 1951 Bulletin No. 1073 UNITED STATES DEPARTMENT OF LABOR Maurice J. Tobin, Secretary BUREAU OF LABOR STATISTICS Ewan Clague, Commissioner For sale by the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C. Price 20 cents Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Letter of Transmittal United States D epartment of Labor, B ureau of Labor Statistics, Washington, D. CMarch 3, 1952. The Secretary of Labor: I have the honor to transmit herewith a report on events in the consumers' cooperative movement in 1951. This report was prepared by Florence E. Parker, of the Bureau's Office of Labor Economics. Ewan Clague, Commissioner. Hon. Maurice J. Tobin, Secretary of Labor. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Contents Page Progress in 1951_____________________________________________________________ 1 Local cooperatives___________________________________________________________ 1 Distributive associations_________________________________________________ 1 Housing________________________________________________________________ 3 Medical care_______________________________________________
    [Show full text]
  • Combatting Inequality Through Employee Ownership
    COMBATTING INEQUALITY THROUGH EMPLOYEE OWNERSHIP Worker Cooperatives and Employee Stock Ownership Programs in Buffalo-Niagara Kristin Ksiazek and Annabel Bacon Introduction Communities across the United States are grappling with income inequality. Since 1979, earnings of the top one percent of Americans have risen by a staggering 157%, compared to an increase of just 22.2% for the bottom 90% of workers.1 Today, 44 percent of American workers earn less than $18,000 per year, while the CEOs of the largest 350 companies earn, on average, $18.9 million per year.2 From 1978 to 2018, compensation for CEOs grew 940.3%, but wages for typical, nonsupervisory workers grew by just 11.9%.3 Wealth gaps between the most privileged and marginalized social and demographic groups have widened by even larger amounts—to the point where, in 2015, for every dollar in wealth owned by white households, black and Latinx households held just six and eight cents, respectively; and women owned only 32 cents for every dollar held by men.4 Equally as troubling, present generations are far less likely than their parents and grandparents to experience upward economic mobility,5 and they are burdened by much more student debt.6 Job seekers of all educational backgrounds are faced with fewer choices in the American labor market, where much of the recent job growth has come in the form of low-wage work.7 This trend means that low income workers do not have the option to simply “find better paying jobs.” Rather, the data show that “there are not enough living wage jobs to go around.”8 The lack of living-wage jobs disproportionately affects women and workers of color.
    [Show full text]
  • 644696 Master S Thesis 15 05
    M.Sc. International Business Master’s Thesis Companies Committing to the Fight Against Plastic Pollution an explorative case study Authors: Henriette Bundgaard Knudsen. Student ID: 92260 Katrine Margrethe Bjorholm Arup. Student ID: 92424 Supervisor: Torben Juul Andersen Date of Submission: May 15th 2019 STU-Count and pages: 204.760 / 90 pages Abstract The negative environmental impact from plastic waste is a growing area of concern, which has led various actors to take actions to address the issue. This thesis investigates how companies work with initiatives to reduce the adverse effects from plastic pollution. More specifically, the study addresses to what extent companies work with these initiatives and explore the factors that influence them. Companies show a willingness to implement actions and are exposed to pressure from various stakeholders, while simultaneously navigating in an uncertain field caused by a current legislative gap. With an outset in existing literature on corporate social responsibility and supply chain management, an empirical study of six representative companies with introduced and implemented actions to deal with plastic pollution has been conducted. The study concludes that the extent to which the companies have addressed plastic pollution differ. It is shown that some companies have implemented a selected number of initiatives, others have developed a specific plastic or packaging strategy outlining future actions to be implemented, whereas for one company, the production of recycled plastic constitutes the actual business model. The thesis further concludes that companies are affected by both internal and external factors when looking into ways to address plastic pollution. Some of these factors are more company-specific.
    [Show full text]
  • Promoting Cooperatives and the Social Economy in Greece Sep
    International Organisation of Industrial, Artisanal and Service Producers’ Cooperatives A sectoral organisation of the International Cooperative Alliance (ICA) Promoting cooperatives and the Social Economy in Greece _____________________________________________ How to promote the social economy in Greece through social cooperatives, worker cooperatives, and cooperatives of artisans and of SMEs Final report to the ILO September 9, 2013 1 2 Contents Acknowledgements 4 Introduction by Bruno Roelants, CICOPA Secretary General 5 PART 1. THE SITUATION IN GREECE 7 1.1. The s ocial impact of the crisis 7 1.2. Evolution and s tate o f the art of cooperatives and the social economy in Greece 9 1.3. Analysis of the existing relevant legislation 15 PART 2. MAIN RELEVANT NATIONAL EXPERIENCE AND EXPERTISE IN THE CICOPA NETWORK THAT COULD BE TRANSFERRED TO THE GREEK CONTEXT 20 2.1. T he CICOPA network 20 2.2 Social services, with a special focus on crèches and homes for the elderly 22 2.3 . Business transfers to the employees under the worker cooperative form 25 2.4. Cooperatives among artisans, profess ionals and micro -enterprises 31 2. 5. The production of renewable energy by cooperatives 33 2. 6. Constitution of cooperative incubators 35 2. 7. Financial instruments for the development of cooperatives 36 2.8 . Constitution of networks, groups and consor tia 41 2. 9. Worker and social cooperatives in rural contexts 46 2.1 0. Multi -stakeholder cooperatives 49 2.1 1. Mixed and transitional forms of cooperatives 50 2.1 2. Cooperatives and emerging sectors: tourism 51 2.1 3. Worker coop eratives dealing with specific social challenges 53 PART 3.
    [Show full text]
  • The Power of Financial Cooperatives
    ILO Cooperative Branch MEETING SUMMARY RESILIENCE IN A DOWNTURN: THE POWER OF FINANCIAL COOPERATIVES 26 October 2012 - International Labour Office, Geneva (Switzerland) BACKGROUND A presentation and discussion of the study, Resilience in a downturn: The Power of financial cooperatives was held at ILO headquarter in Geneva on 26 October 2012. The objective of the meeting was to: • Share research and engage in discussions on the resilience of the cooperative model of enterprise in the financial sector with ILO professionals – knowledge sharing, and • Seek input from a panel of financial cooperative experts on the study in view of finalizing the study for publication – peer review The meeting was part of a series of event being held at the ILO for United Nations International Year of Cooperatives 2012. MEETING SUMMARY The meeting was opened by Ms Simel Esim, Chief of the ILO Cooperative Branch who welcomed participants and introduced the report within the frame of International Year of Cooperatives. She noted major contributions from cooperative stakeholders to the International Year in terms of research, policy reviews, events which were culminating in plans for follow-up to the year. Specific mention was made of the Declaration of the International Cooperative Summit recently held in Quebec (Canada) and the International Cooperative Alliance’s (ICA) Blueprint for a Cooperative Decade both of which will be presented for adoption at the ‘Cooperatives United’ event being held in Manchester (UK). Prof Johnston Birchall of Stirling University (UK) introduced his study (see annex for PowerPoint slides). He briefly introduced what financial cooperatives were and how they were organized (networks and federations).
    [Show full text]
  • Exploring the Co-Operative Economy Report 2017
    EXPLORING THE CO-OPERATIVE ECONOMY REPORT 2017 REPORT 2017 EXPLORING THE CO-OPERATIVE ECONOMY www.monitor.coop Titolo capitolo 1 THE WORLD CO-OPERATIVE MONITOR IS AN ALLIANCE INITIATIVE WITH THE SCIENTIFIC SUPPORT OF EURICSE MADE POSSIBLE BY THE SUPPORT OF OUR ORGANISATIONAL PARTNERS FOR INFORMATION CONTACT www.monitor.coop [email protected] THE 2017 WORLD Charles Gould CO-OPERATIVE MONITOR Gianluca Salvatori EXPLORING THE CO-OPERATIVE ECONOMY Welcome to the sixth annual World Co-operative Monitor not seem to reflect the co-operative movement as a whole but report produced in partnership by the International Co-oper- more likely specific economic conditions. ative Alliance (the Alliance) and the European Research Insti- Another addition to this year’s report is the analysis of the tute on Cooperative and Social Enterprises (Euricse). As we do capital structure of not only the Top 300 but also a sample each year, with this publication we report on the world’s largest of smaller co-operatives and mutuals, allowing for compari- co-operative and mutual organizations, providing a ranking of son of different types of co-operative businesses. The results the Top 300 and sectorial analysis based on 2015 financial data. of this research show that large co-operatives and mutuals In addition to the rankings based on US Dollar, we have do not have specific problems raising capital related to the added rankings using the International Dollar as calculated by co-operative business model, though smaller co-opera- the World Bank. The rankings using this measure replace the tives do have some challenges mostly related to obtaining rankings based on turnover over GDP per capita and aim to internal capital and long-term debt.
    [Show full text]
  • Economics, Cooperation, and Employee Ownership: the Emilia Romagna Model – in More Detail
    Economics, Cooperation, and Employee Ownership http://dept.kent.edu/oeoc/oeoclibrary/emiliaromagnalong.htm Economics, Cooperation, and Employee Ownership: The Emilia Romagna model – in more detail John Logue There are at least two European models for employee ownership that demand American attention. The one is the Mondragon cooperative group in the Basque region of Spain which has been frequently discussed in American employee ownership circles (see, for instance, “Lessons of Mondragon’s Employee-Owned Network,”Owners at Work XII:1, 5-9 and “From Mondragon to Ohio,” Owners at Work XIII:1, 16-17). The other is the much less well known complex of employee-owned companies in the Emilia Romagna region in Northern Italy around Bologna. I had the good fortune to take a week’s study trip to the employee-owned sector in Northern Italy this last summer with a delegation from the Boston-based Cooperative Charitable Trust to see the Emilian model first hand. In some ways, Emilia Romagna and the Basque co-ops are very different. In the Basque region, the Mondragon employee cooperatives grew out of Catholic social teaching and Basque nationalism in the 1950s and 1960s. In Emilia Romagna, by contrast, the co-ops grew up with the 19th century labor movement but split into three different partisan political federations -- Catholic, Socialist/Communist, and Social Democratic/Republican -- in the 20th century. They have no link to ethnic or linguistic minorities. In other ways, they are very similar. Both appear to owe their success today to a combination of small scale, flexible employee-owned firms which achieve economies of scale to compete globally through collaborative research and development strategies, cooperative export efforts, their own financial institutions, and other forms of collaboration and cooperation that are largely or completely missing in the employee-owned sector in the US.
    [Show full text]