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Measuring the Economic Value of Cooperatives, Mutual Societies and Companies with social purposes in Belgium: A Satellite Account approach

Author

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  • Fabienne FECHER

    (University of Liège, Belgium)

  • Wafa BEN SEDRINE-LEJEUNE

    (University of Liège, Belgium)

Abstract

The present paper summarizes a Belgian report, SATACBEL, (Ben Sedrine et al., 2011) on the establishment of keys indicators for satellite accounts in Belgium covering cooperatives and mutual societies for the year 2007. Several macroeconomic aggregates are assessed and examined with regard to the place that cooperatives and mutual companies occupy within the Belgian economy. To achieve this goal a close cooperation was necessary with the Belgian National Accounts Institute (NAI) within the Belgian National Bank (BNB). Thanks to this work, political decision-makers and interested parties have at their disposal strict methods and primary information and indicators allowing evaluation of this particular field of the social economy sector. Because the national contexts and realities behind cooperatives and mutual societies are very different from a country to the other, the results obtained should be compared internationally with caution.

Suggested Citation

  • Fabienne FECHER & Wafa BEN SEDRINE-LEJEUNE, 2013. "Measuring the Economic Value of Cooperatives, Mutual Societies and Companies with social purposes in Belgium: A Satellite Account approach," CIRIEC Working Papers 1311, CIRIEC - Université de Liège.
    • Handle: RePEc:crc:wpaper:1311
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    File URL: https://www.ciriec.uliege.be/repec/WP13-11.pdf
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    References listed on IDEAS

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    1. Edith Archambault, 2003. "Comptabilité nationale (6ème édition)," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00120420, HAL.
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