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.