The Role of Multi-Purpose Cooperatives in the Economic Development

The Role of Multi-Purpose Cooperatives in the Economic Development PDF

Author: Desalegn Fekadu Etefa

Publisher: GRIN Verlag

Published: 2019-12-16

Total Pages: 93

ISBN-13: 3346083322

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Case Study from the year 2019 in the subject Business economics - General, grade: -, , course: Business, language: English, abstract: The objective of this study is to show the overall development trends and the challenges encountering the multi-purpose cooperatives (MPCs). To do so, research methodology employed was descriptive, which involved both qualitative and quantitative methods. Data were collected from both primary and secondary sources. Data were collected from the sample through cross-sectional survey from 210 respondents. Besides, 16 key informants and three FGDs were considered in the assessment. The instruments used were questionnaires, FGDs, in depth interviews, observation and document review. Both probability and non-probability sampling techniques were applied. Data analyses were done using descriptive statistics. The result of the study shows that the average rate of growth of members in sample MPCs is 19% as calculated from 2016-2018 and 79.3% from their formation period. The capital of the sample MPCs increased from 305,081 to 9.3 million and their profit was nearly 1.5 million ETB. Of the multifaceted services they provide, marketing agricultural inputs accounts for the great proportions. In general, the sample MPCs are contributing somewhat to the economic development of the MPCs. However, their performance is not as expected due to major problems identified: lack of professional managers, devoted management committees, limited capital base; weak horizontal and vertical linkages, low members’ participation, insufficient dividend, lack of diversified activities; limited awareness, inadequate infrastructure, low stakeholders’ participation, lack of adequate credit facilities and other necessary technical supports are among hitches to be tackled.

Cooperatives and Community Development

Cooperatives and Community Development PDF

Author: Vanna Gonzales

Publisher: Routledge

Published: 2014-01-21

Total Pages: 185

ISBN-13: 1317850580

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In celebration of cooperatives’ contributions to community development processes and outcomes worldwide, the United Nations designated 2012 as the Year of the Cooperative. Today, as in the past, cooperatives have proved effective in bringing people and organizations together to accomplish a broad array of goals related to fostering social and economic innovation, protecting communities against poor living and working conditions, and promoting a better quality of life. Analytically, as both a movement and as a business model, cooperatives hold much potential for generating the types of synergies, collaboration, and productive and social processes that enable community development to thrive in a variety of local, regional and global contexts. This collection of articles chronicles new developments in the ways in which cooperatives are used in a diverse array of community contexts. They offer insight as to what these changes mean, both empirically and theoretically, for community development in the decades to come. This book is a compilation of articles published in the journal Community Development.

Collective Courage

Collective Courage PDF

Author: Jessica Gordon Nembhard

Publisher: Penn State Press

Published: 2015-06-13

Total Pages: 325

ISBN-13: 0271064269

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In Collective Courage, Jessica Gordon Nembhard chronicles African American cooperative business ownership and its place in the movements for Black civil rights and economic equality. Not since W. E. B. Du Bois’s 1907 Economic Co-operation Among Negro Americans has there been a full-length, nationwide study of African American cooperatives. Collective Courage extends that story into the twenty-first century. Many of the players are well known in the history of the African American experience: Du Bois, A. Philip Randolph and the Ladies' Auxiliary to the Brotherhood of Sleeping Car Porters, Nannie Helen Burroughs, Fannie Lou Hamer, Ella Jo Baker, George Schuyler and the Young Negroes’ Co-operative League, the Nation of Islam, and the Black Panther Party. Adding the cooperative movement to Black history results in a retelling of the African American experience, with an increased understanding of African American collective economic agency and grassroots economic organizing. To tell the story, Gordon Nembhard uses a variety of newspapers, period magazines, and journals; co-ops’ articles of incorporation, minutes from annual meetings, newsletters, budgets, and income statements; and scholarly books, memoirs, and biographies. These sources reveal the achievements and challenges of Black co-ops, collective economic action, and social entrepreneurship. Gordon Nembhard finds that African Americans, as well as other people of color and low-income people, have benefitted greatly from cooperative ownership and democratic economic participation throughout the nation’s history.

Cooperatives As A Catalyst For Sustainability: Lessons Learned From Asian Models

Cooperatives As A Catalyst For Sustainability: Lessons Learned From Asian Models PDF

Author: Leo-paul Dana

Publisher: World Scientific

Published: 2023-01-04

Total Pages: 329

ISBN-13: 9811253803

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The cooperative movement has played a vital role in economic development around the world. Cooperatives also contribute to the achievement of the United Nations' Sustainable Development Goals (SDGs). They generate revenue for economic growth, support the development of communities and local culture and help protect the environment. Cooperatives in Asia have been leaders in their approaches with comprehensive and supportive policies. Across Asia, there are unique models of cooperatives — some of which can be replicated internationally. They utilise collectivisation as an economic model with the cooperation of their populations. Cooperatives from Bangladesh, India, Israel, Japan, Nepal and the United Arab Emirates are also well-known for their proactive approach to sustainability.This book seeks to document the governance, leadership and sustainable best practices of cooperatives, to pave the way for the development of cooperatives internationally, utilising the sustainable cooperatives of Asia as examples. Addressing the current gap in research about cooperatives, the chapters showcase lessons for the cooperative world in its movement towards sustainability through the examination of original case studies, as well as quantitative studies. The volume offers new insights to researchers and policymakers to understand the ecosystem surrounding cooperatives and actions to take to work towards their strengthening and welfare.

The Role of Cooperative Societies in Economic Development

The Role of Cooperative Societies in Economic Development PDF

Author: Ahmad Bello Dogarawa

Publisher:

Published: 2010

Total Pages: 0

ISBN-13:

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This paper examines the role of cooperative societies in economic development. The aim is to investigate the ways in which cooperatives can act as agents towards sustainable community development. The paper is a descriptive survey, which involves the collection of data for the purpose of describing the role of cooperative societies in economic development. The paper posits that for over 160 years now cooperatives have been an effective way for people to exert control over their economic livelihoods as they play an increasingly important role in facilitating job creation, economic growth and social development. The paper concludes that to be effective and successful, cooperatives must continuously achieve two inter-related goals: enhance viability and improve ability to service its members; and remain an economically viable, innovative and competitive enterprise.

Cooperatives and Community Development

Cooperatives and Community Development PDF

Author: Vanna Gonzales

Publisher: Routledge

Published: 2014-01-21

Total Pages: 232

ISBN-13: 1317850572

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In celebration of cooperatives’ contributions to community development processes and outcomes worldwide, the United Nations designated 2012 as the Year of the Cooperative. Today, as in the past, cooperatives have proved effective in bringing people and organizations together to accomplish a broad array of goals related to fostering social and economic innovation, protecting communities against poor living and working conditions, and promoting a better quality of life. Analytically, as both a movement and as a business model, cooperatives hold much potential for generating the types of synergies, collaboration, and productive and social processes that enable community development to thrive in a variety of local, regional and global contexts. This collection of articles chronicles new developments in the ways in which cooperatives are used in a diverse array of community contexts. They offer insight as to what these changes mean, both empirically and theoretically, for community development in the decades to come. This book is a compilation of articles published in the journal Community Development.

Analysis of Role of Cooperatives in Agriculture

Analysis of Role of Cooperatives in Agriculture PDF

Author: Alema Woldemariam Atsbaha

Publisher: LAP Lambert Academic Publishing

Published: 2018-09-11

Total Pages: 152

ISBN-13: 9783659933356

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When the issue of economic growth and development of the country is raised, one has to take into account the performance of the growth of smallholder farmers. Reducing the challenges they are facing and utilizing their potentials can help to accelerate the agricultural sector and economic development of the country as a whole. Agricultural cooperatives are ideal means for self-reliance, higher productivity and promotion of agricultural development. Therefore, the major concern of this book is empirically analyzing the role of agricultural multipurpose cooperatives found in the Southern Zone of Tigray Region of Ethiopia. It is suggested that more attention is to be given to the human resource development of the cooperative auditors through short term and long training programs so that to able to undertake timely audit of the cooperatives both in terms of quality and quantity. Moreover, professional management is becoming crucial issue for the cooperative societies in order to run viable and profitable business that can meet members benefit. Therefore, due attention is required for the recruitment of professional managers.

Theoretical and Empirical Studies on Cooperatives

Theoretical and Empirical Studies on Cooperatives PDF

Author: Andrew Emmanuel Okem

Publisher: Springer

Published: 2016-06-29

Total Pages: 116

ISBN-13: 3319342169

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The book outlines how cooperatives can be used as a tool for development and reconciliation in post-conflict contexts. This book also examines the successes and challenges for emerging and existing cooperatives in Africa, while delivering both practical lessons and insights into the theory. It presents completely new materials on the cooperative movement, against a backdrop of increasing global recognition of the roles of cooperatives and collective action in socio-economic development. Readers are invited to consider how, as an economic model that seeks to advance member collective interests, cooperatives are invaluable tools for human, economic and social development. Social and human geographers find this a remarkably impactful contribution to the literature surrounding cooperatives in Africa and cooperative theory in general. Policy experts and students also find the research informative and insightful.

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