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Cooperatives in a Global Economy: Key Economic Issues, Recent Trends, and Potential for Development

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  • Smith, Stephen C.

    (George Washington University)

  • Rothbaum, Jonathan

    (George Washington University)

Abstract

In this paper, we examine major trends and potential for cooperatives in the context of four prominent socio-economic issues: the lack of jobs, economic and social inequality, educational mobility, and the priority need for innovations. We present recent data on the amount and types of job creation in cooperatives. We consider co-ops in light of the recent financial and economic crises. Finally, we offer some observations on cooperatives and innovation, and some perspectives on the outlook going forward.

Suggested Citation

  • Smith, Stephen C. & Rothbaum, Jonathan, 2013. "Cooperatives in a Global Economy: Key Economic Issues, Recent Trends, and Potential for Development," IZA Policy Papers 68, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izapps:pp68
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    Cited by:

    1. Ghinoi, S. & Piras, S. & Wesz, V.J.J., 2018. "Political debates and agricultural financing policies. Evaluating the crea-tion of Brazil s Pronaf through Discourse Network Analysis," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277274, International Association of Agricultural Economists.
    2. Krisztina Melinda DOBAY, 2022. "The Resilience Of Agricultural Cooperatives In The Covid-19 Pandemic Time. Evidence From Romania," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 19(1), pages 13-30.
    3. Theo Benos & Nikos Kalogeras & Martin Wetzels & Ko De Ruyter & Joost M. E. Pennings, 2018. "Harnessing a ‘Currency Matrix’ for Performance Measurement in Cooperatives: A Multi-Phased Study," Sustainability, MDPI, vol. 10(12), pages 1-38, December.
    4. repec:bla:annpce:v:89:y:2018:i:1:p:109-124 is not listed on IDEAS
    5. Franck Bailly & Karine Chapelle & Lionel Prouteau, 2017. "What are the determinants of the pay gap between conventional firms and cooperatives? Evidence from France," Working Papers hal-01455741, HAL.
    6. McKillop, Donal & French, Declan & Quinn, Barry & Sobiech, Anna L. & Wilson, John O.S., 2020. "Cooperative financial institutions: A review of the literature," International Review of Financial Analysis, Elsevier, vol. 71(C).
    7. Ghinoi, Stefano & Wesz Junior, Valdemar João & Piras, Simone, 2018. "Political debates and agricultural policies: Discourse coalitions behind the creation of Brazil’s Pronaf," Land Use Policy, Elsevier, vol. 76(C), pages 68-80.

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    More about this item

    Keywords

    cooperatives; employment; job creation; economic inequality; social inequality; educational mobility; innovation in cooperatives;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms
    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy

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