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Appears in Collections:Faculty of Social Sciences Research Reports
Peer Review Status: Refereed
Title: Resilience of the Cooperative Business Model in Times of Crisis
Author(s): Birchall, Johnston
Ketilson, Lou Hammond
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Citation: Birchall J & Ketilson LH (2009) Resilience of the Cooperative Business Model in Times of Crisis. Sustainable Enterprise Programme / Responses to the global economic crisis, Geneva. International Labour Organisation.
Keywords: co-operative banks
banking crisis
Issue Date: 2009
Publisher: International Labour Organisation
Series/Report no.: Sustainable Enterprise Programme / Responses to the global economic crisis
Abstract: The financial and ensuing economic crisis has had negative impacts on the majority of enterprises; however, cooperative enterprises around the world are showing resilience to the crisis. Financial cooperatives remain financially sound; consumer cooperatives are reporting increased turnover; worker cooperatives are seeing growth as people choose the cooperative form of enterprise to respond to new economic realities. Why is this form of enterprise proving so resilient? This report will provide historical evidence and current empirical evidence that proves that the cooperative model of enterprise survives crisis, but more importantly that it is a sustainable form of enterprise able to withstand crisis, maintaining the livelihoods of the communities in which they operate. It will further suggest ways in which the ILO can strengthen its activity in the promotion of cooperatives as a means to address the current crisis and avert future crisis.
Type: Research Report
Rights: The rights are jointly owned by the ILO and the authors. the publisher has given permission for the report to be posted on other websites; The publisher has granted permission for use of this report in this Repository. The report, Resilience of the Cooperative Business Model in Times of Crisis, was first published by International Labour Organization. Copyright © International Labour Organization 2009.
Affiliation: Sociology/Social Pol&Criminology
University of Saskatchewan

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