Cooperative Firms and the Sustainable Development Goals
Routledge (Verlag)
978-1-032-60092-5 (ISBN)
With growing economic inequality and threats to the sustainability of human societies, Koh argues that cooperatives can play an important role in promoting decent work and reducing economic inequality in the twenty-first century and thus urges policy makers to reignite policy discussions on cooperatives.
This book shows how worker cooperatives are uniquely situated to empower low- and middle-wage workers and what governments can do to promote them. Koh clarifies the mechanism by which cooperatives create an upper hand over conventional companies in ‘labor-intensive’ sectors, thereby boosting employment potential. He also explains cooperatives’ wide contribution to the Sustainable Development Goals (SDGs), including the resilience of cooperatives in times of crises and their potential to address the challenges of aging societies. Furthermore, he provides a foundational work on ‘decentralized supporting mechanisms for cooperatives’ based on the analysis of the case of South Korea, where the number of cooperatives increased by 2,000 percent between 2013 and 2023. Lastly, he explains how to use Official Development Assistance (ODA) to support cooperatives in developing countries, especially Private Sector Instruments (PSIs), which were introduced in 2016 by the Development Assistance Committee of the Organization for Economic Cooperation and Development (OECD).
This book will be of interest to researchers in the fields of cooperative management, development economics, and heterodox economics, as well as to policy makers and professionals.
Jae Myong KOH is Dean of Education at Korea National Diplomatic Academy. Previously, he served as Vice-chair of the Development Assistance Committee, and Co-chair of the Community of Practice on Private Finance for Sustainable Development at the OECD. He is the author of Green Infrastructure Financing (Palgrave Macmillan, 2018).
Contents
Introduction
The approach of the book
The structure of the book
Literature survey
Part I. What is a cooperative?
1. A cooperative is a firm
The most important identifying aspects of a cooperative
The five characteristics of cooperatives based on the ICA principles
Conclusion
2. The seven strengths of cooperatives
The seven strengths of cooperatives
Two strengths of conventional companies
The competition between cooperatives and conventional companies
Skepticism about cooperatives
Conclusion
3. The six types of cooperatives
The criteria for classifying cooperatives
The classification of cooperatives
A supplementary classification of cooperatives based on their strength
Successes and limitations of cooperatives
Conclusion
Part II. Why cooperatives in the 21st century?
4. Widening inequality and the importance of decent work
The negative impacts of inequality on human society
The need for government intervention in addressing inequality
Causes of outcome inequality deriving from labor income issues
Countermeasures to the causes of outcome inequality deriving from labor income issues
Labor market policies to support worker cooperatives
Conclusion
5. The resilience of cooperatives in time of crises
Crises aggravate inequality
Cooperatives, resilience and ‘global crises’
Cooperatives, resilience and ‘local crises’
Conclusion
6. The role of cooperatives in supporting ageing societies
Population ageing and threats to fiscal sustainability
Countermeasures to ensure fiscal sustainability
Cooperatives and the expansion of the tax base
Cooperatives and the promotion of healthy ageing
Conclusion
7. An overview of cooperatives’ contributions to the SDGs
Cooperatives’ significant contributions to the SDGs
The history of policy discussions on the cooperative movement
Progress in mainstreaming cooperatives in UN policy discussions
Conclusion
Part III. Scaling up the cooperative movement
8. Promoting cooperatives through decentralized public support mechanisms
The benefits of decentralized public support mechanisms
Benefits of cooperatives for local communities
The ‘structures’ of decentralized public support mechanisms for cooperatives
The ‘contents’ of decentralized public support mechanisms for cooperatives
The significant contribution of cooperatives to local governance
Conclusion
9. Digitalizing cooperatives
Impacts of digitalization on the market economy
The digitalization of cooperatives
Prototype business models
Challenges
Conclusion
10. The symbiotic potential between cooperatives and developing countries
Developing countries and job creation in labor-intensive sector
Developing countries and ‘effective’ decentralized public supporting mechanisms for cooperatives
Cooperatives and migrant workers in developed countries
Promoting cooperatives with Official Development Aid
Conclusion
The Way Forward
| Erscheinungsdatum | 07.11.2023 |
|---|---|
| Reihe/Serie | Routledge Frontiers of Political Economy |
| Zusatzinfo | 12 Tables, black and white |
| Verlagsort | London |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Gewicht | 530 g |
| Themenwelt | Sozialwissenschaften ► Soziologie ► Makrosoziologie |
| Sozialwissenschaften ► Soziologie ► Spezielle Soziologien | |
| ISBN-10 | 1-032-60092-6 / 1032600926 |
| ISBN-13 | 978-1-032-60092-5 / 9781032600925 |
| Zustand | Neuware |
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