The document discusses the Law 5/2011 of Social Economy in Spain. It originated to provide specific legislation for the social economy sector, which previously did not exist. The law defines social economy entities as those that pursue collective interests of members or the general interest through private economic activities. It applies to cooperatives, mutualities, foundations, associations, labor societies, and other organizations focused on employment and agriculture. The law fulfilled the constitutional mandate to recognize and promote the social economy in Spain.
Community Development Through Cooperative in Ethiopiasintayehu chokolu
The document provides an overview of community development through cooperatives in Ethiopia. It discusses 1) the background and objectives of cooperatives in Ethiopia, 2) types of cooperatives and cooperative principles, 3) the contributions of cooperatives to economic, social, technological, and political development, 4) how cooperative principles align with community development principles through self-help, asset-based approaches and self-development, and 5) challenges and implications for future community development through cooperatives. The document utilizes literature reviews and desktop research to analyze the role of cooperatives in community development in Ethiopia.
The impact of cooperative financing on millenniumAlexander Decker
The document summarizes a research paper that examines the impact of cooperative financing on poverty reduction in Nigeria and progress towards the Millennium Development Goals. It finds that cooperative financing through microcredit has helped alleviate poverty for many. The study analyzes data collected from cooperative organizations and their stakeholders in Nigeria. Regression and other statistical analyses show a causal relationship between cooperative credit assistance and poverty reduction. The paper concludes that Nigerian government policy should better integrate cooperatives into its microfinancing strategies to acknowledge their power in providing credit to the poor.
The document discusses cooperatives and their role in economic development and poverty reduction. It notes that cooperatives have survived economic crises due to principles of self-help, democracy, and local control. Cooperatives contribute significantly to sectors like agriculture, banking, and dairy worldwide. Challenges include balancing social missions with financial sustainability. Overall, the document emphasizes that cooperatives have great potential but are not a complete solution to reducing poverty on their own.
This document discusses macroeconomics and microeconomics. Microeconomics is concerned with specific economic units like firms, industries, and households and their interactions. Macroeconomics is concerned with the overall economy and issues like unemployment, inflation, GDP, and government spending and taxation. The document also defines government as an institution that resolves public conflicts and maintains social order through its executive, legislative, and judicial branches.
Social economy actors include 2 million social economy enterprises in Europe that represent 10% of all businesses and employ over 11 million people, or 6% of the EU's workforce. These organizations have various legal forms and objectives ranging from agriculture and banking to providing employment and sheltered workshops. In Lithuania, there is a 2004 law on social enterprises, but the concept of social enterprises is still underdeveloped and not well understood. Examples include a social business and innovation co-working space called "NGO Beehive."
Social economy describes sectors that operate between public and private sectors. Key elements include prioritizing people over capital, sustainable growth over profit, and democratic governance. Social economies aim to benefit communities by creating jobs, opportunities for volunteering and learning, and circulating wealth locally. Examples from Indonesia include DU'ANYAM, a social enterprise empowering women through wicker crafts, and 8Villages, a social network connecting farmers to information and technology to increase their earnings.
Socialism:
Collective ownership and democratic control of the material means of production by the workers and the people
Socialism is a term applied to an economic system in which property is held in common and not individually, and relationships are governed by a political hierarchy. Common ownership doesn't mean decisions are made collectively, however. Instead, individuals in positions of authority make decisions in the name of the collective group.
Socialists argue that socialism would allow for wealth to be distributed based on how much one contributes to society, as opposed to how much capital one holds.
Mixed Economy
Any economy in which private corporate enterprises and public sector enterprises exist side-by-side, and decisions taken through market mechanism are supplemented by some form of partial planning, is to be described as a mixed economy.
This system overcomes the disadvantages of both the market and planned economic systems.
Provides a clear demarcation of the boundaries of the public sector and private sector so that the core sector and strategic sectors are invariably in the public sector.
The government intervenes to prevent undue concentration of economic power and monopolistic and restrictive trade practices
The rights of the individual are respected and protected subject only to the requirements of public law and order and morality
This document presents information about a mixed economy system. It defines a mixed economy as one with characteristics of both capitalism and socialism, allowing some private business driven by profit as well as government intervention in economic activities. It provides examples of private versus public goods and services. It also outlines features, models, examples of mixed economy countries, pros and cons, differences from capitalism and socialism, and the role of government in regulating a mixed economy.
Community Development Through Cooperative in Ethiopiasintayehu chokolu
The document provides an overview of community development through cooperatives in Ethiopia. It discusses 1) the background and objectives of cooperatives in Ethiopia, 2) types of cooperatives and cooperative principles, 3) the contributions of cooperatives to economic, social, technological, and political development, 4) how cooperative principles align with community development principles through self-help, asset-based approaches and self-development, and 5) challenges and implications for future community development through cooperatives. The document utilizes literature reviews and desktop research to analyze the role of cooperatives in community development in Ethiopia.
The impact of cooperative financing on millenniumAlexander Decker
The document summarizes a research paper that examines the impact of cooperative financing on poverty reduction in Nigeria and progress towards the Millennium Development Goals. It finds that cooperative financing through microcredit has helped alleviate poverty for many. The study analyzes data collected from cooperative organizations and their stakeholders in Nigeria. Regression and other statistical analyses show a causal relationship between cooperative credit assistance and poverty reduction. The paper concludes that Nigerian government policy should better integrate cooperatives into its microfinancing strategies to acknowledge their power in providing credit to the poor.
The document discusses cooperatives and their role in economic development and poverty reduction. It notes that cooperatives have survived economic crises due to principles of self-help, democracy, and local control. Cooperatives contribute significantly to sectors like agriculture, banking, and dairy worldwide. Challenges include balancing social missions with financial sustainability. Overall, the document emphasizes that cooperatives have great potential but are not a complete solution to reducing poverty on their own.
This document discusses macroeconomics and microeconomics. Microeconomics is concerned with specific economic units like firms, industries, and households and their interactions. Macroeconomics is concerned with the overall economy and issues like unemployment, inflation, GDP, and government spending and taxation. The document also defines government as an institution that resolves public conflicts and maintains social order through its executive, legislative, and judicial branches.
Social economy actors include 2 million social economy enterprises in Europe that represent 10% of all businesses and employ over 11 million people, or 6% of the EU's workforce. These organizations have various legal forms and objectives ranging from agriculture and banking to providing employment and sheltered workshops. In Lithuania, there is a 2004 law on social enterprises, but the concept of social enterprises is still underdeveloped and not well understood. Examples include a social business and innovation co-working space called "NGO Beehive."
Social economy describes sectors that operate between public and private sectors. Key elements include prioritizing people over capital, sustainable growth over profit, and democratic governance. Social economies aim to benefit communities by creating jobs, opportunities for volunteering and learning, and circulating wealth locally. Examples from Indonesia include DU'ANYAM, a social enterprise empowering women through wicker crafts, and 8Villages, a social network connecting farmers to information and technology to increase their earnings.
Socialism:
Collective ownership and democratic control of the material means of production by the workers and the people
Socialism is a term applied to an economic system in which property is held in common and not individually, and relationships are governed by a political hierarchy. Common ownership doesn't mean decisions are made collectively, however. Instead, individuals in positions of authority make decisions in the name of the collective group.
Socialists argue that socialism would allow for wealth to be distributed based on how much one contributes to society, as opposed to how much capital one holds.
Mixed Economy
Any economy in which private corporate enterprises and public sector enterprises exist side-by-side, and decisions taken through market mechanism are supplemented by some form of partial planning, is to be described as a mixed economy.
This system overcomes the disadvantages of both the market and planned economic systems.
Provides a clear demarcation of the boundaries of the public sector and private sector so that the core sector and strategic sectors are invariably in the public sector.
The government intervenes to prevent undue concentration of economic power and monopolistic and restrictive trade practices
The rights of the individual are respected and protected subject only to the requirements of public law and order and morality
This document presents information about a mixed economy system. It defines a mixed economy as one with characteristics of both capitalism and socialism, allowing some private business driven by profit as well as government intervention in economic activities. It provides examples of private versus public goods and services. It also outlines features, models, examples of mixed economy countries, pros and cons, differences from capitalism and socialism, and the role of government in regulating a mixed economy.
The document summarizes observations about solidarity economics and cooperatives in Colombia. It discusses the concepts of the solidarity sector and solidarity economics. It describes the structure and characteristics of cooperatives in Colombia as defined by law, including their democratic governance, variable membership, and goal of meeting member needs. It notes some current challenges for cooperatives in Colombia like free trade agreements and lack of supportive regulation, but concludes the cooperative model continues developing through conceptual discussions, network cooperation, and education.
Co operative society business model ppt by SHIVAM AgrawalshivamAgrawal155
The document discusses the formation and operation of cooperative societies in India. It states that a cooperative society can be formed under the Cooperative Societies Act by at least 10 people with a common economic goal, such as farming or weaving. Members must submit an application and bye-laws to the Registrar of Cooperative Societies. Key characteristics of cooperatives include open membership, democratic management, and the distribution of surplus funds. The document also outlines the types of cooperatives commonly found in India and discusses some advantages and challenges faced by cooperatives.
The document provides background information on the history and development of cooperatives. It discusses how the modern cooperative movement began in 1844 with the Rochdale Society of Equitable Pioneers in Rochdale, England. It then outlines key figures like Robert Owen and Dr. William King who influenced the development of cooperatives. The document also summarizes major milestones and policies regarding cooperatives in the Philippines from 1906 to 1969.
A cooperative is a business owned and controlled equally by its members who use its services. To form a cooperative society in India, at least 10 people with common economic goals submit an application and bye-laws to the state registrar. If approved, the registrar issues a registration certificate. Cooperatives have features like open membership, democratic control, and distribution of surplus. Examples of cooperative societies include consumer cooperatives to provide goods at reasonable prices, producer cooperatives to support small producers, and credit cooperatives to provide loans to members.
This document discusses several key aspects of economic systems and development. It defines the economy as a system and discusses occupations, work, and how the industrial revolution changed civilization. It also covers concepts like private property, capitalism, socialism, multinational corporations, and how social factors influence economic development. Technological adoption, innovative personalities, population growth, and the cultural support for technology are some of the social influences discussed.
Here are the key points I took away from reviewing the document:
- Social enterprises pursue social missions through business approaches and methods to address social issues. They exist along a spectrum from purely for-profit to purely non-profit organizations.
- Social enterprise models vary significantly between regions/countries based on factors like the role of the state, market conditions, civil society involvement, and reliance on international aid.
- Common social enterprise organizational types include nonprofits with commercial activities, hybrid organizations balancing social and profit goals, and for-profits with explicit social purposes.
- The document discusses examples of social enterprises from the US, Western Europe, Southern Africa, and Argentina and compares their typical outcomes, organizational types, societal
The document discusses several economic systems - Islamic economy, capitalism, and mixed economy. The Islamic economy is based on principles like zakat (charitable donations), profit and loss sharing, and prohibiting interest. Capitalism is based on individual rights and free enterprise, prioritizing self-interest and economic growth. A mixed economy combines elements of socialism and capitalism, with the government controlling some industries while allowing private enterprise in others.
The command capitalism’s,socialism,communismhammad khan
This document discusses different economic systems, focusing on command capitalism. It defines command capitalism as a mixed system combining aspects of capitalism and socialism, with both government and market forces deciding production and consumption. Examples given are China, Hong Kong, Singapore, and South Korea. The document highlights China as a role model, noting its continued economic growth even after the 2008 recession that impacted Western nations. It outlines features of command capitalism like coexistence of public and private sector ownership and close government monitoring of market forces.
This study was conducted in Dar es Salaam at Kinondoni District. The main objective of the research was to analyse the contribution of VICOBA and members’ business sustainability at Kunduchi Ward. It focused on members who own business in ten (10) VICOBA groups found in Kunduchi ward, whereby the members’ businesses seems to be not performing well although VICOBA provide credits, trainings and supervision to its members. Literature review focuses on Entrepreneurship theory and Grameen model. A case study design was adopted with a sample size of seventy six (76) respondents through the Glenn sample size formula. The research used questionnaire to VICOBA members and interview guide to VICOBA trainers. The research findings were based on credits, trainings and supervisions of VICOBA to its members’ business, whereby VICOBA provide credits in a simple way but they have no enough business trainings and frequently supervision which lead to the failure of business performance.
The World Bank is an international financial institution that provides loans and technical assistance to developing countries for projects aimed at reducing poverty. It has 188 member countries and has provided over $65 billion to India for projects in areas like agriculture, infrastructure, education and health. Key aspects include that it was founded in 1944, has over 9,000 employees, and includes several affiliated organizations that make up the World Bank Group and work towards poverty reduction.
Cooperatives have several key characteristics:
1. They are voluntary associations where members democratically control and own the business for their mutual benefit.
2. Membership is open to all without discrimination and members have equal voting rights regardless of investment.
3. Profits are distributed equitably based on use rather than investment, with a limited rate of return on capital.
4. Cooperatives operate for service of members rather than profit, though they may generate surpluses to fund operations.
The document discusses resolving the global economic crisis by establishing Emerging Nations Economic Unions. It argues that emerging nations must take charge by forming their own economic institutions, including an Emerging World Bank, Emerging World Monetary Fund, Emerging World Council, and Emerging World Court. This would allow emerging nations to have greater negotiating power and leverage in global economic affairs. Establishing these unions and institutions would provide emerging nations with more strategic planning, cooperation, and benefits for improving lives.
This document provides an abstract and table of contents for a paper about the impact of co-operatives on livelihoods. The abstract notes that the paper will appreciate the role of co-operatives in creating jobs and reducing poverty. It will present case studies of three specific co-operatives focused on livelihood generation in India. The paper also suggests a model for rating co-operative societies.
This document provides an overview of cooperatives worldwide and in the EU. It notes that there are over 3 million cooperatives globally employing 280 million people, with the 300 largest cooperatives having a turnover of $2 trillion in 2016. In the EU there are 131,000 cooperatives employing over 4.3 million people and generating €992 billion annually in turnover. While cooperatives have grown in economic importance, they face challenges from globalization, differing national laws, and governance issues. Lawmakers are discussing initiatives to establish a level playing field for cooperatives to compete with other businesses while maintaining their social missions.
This document provides updates on cooperative activities around the world and at the ILO. It discusses events celebrating International Day of Cooperatives in many countries. It also summarizes legislative reforms supporting cooperatives in various nations and technical support requests received by the ILO. Finally, it previews upcoming global meetings on cooperatives and their potential to strengthen the sector.
The 20th century elevated consumption to be central and critical to the economic system, occurring as a consequence of the way production and labor were organized. But by the dawn of the new century, developed societies were grappling with the challenge of creating a more humane form of consumption, driven by three major forces: lower labor demands in technological industry, erosion of the social contract, and the environmental costs of reckless consumption on increasingly scarce natural resources.
http://www.ericsson.com/thinkingahead/networked_society/commerce_reports
The 1987 Philippine Constitution recognizes cooperatives as legal entities with economic and social functions. It mandates the creation of an agency to promote cooperatives. Cooperatives are defined as associations that help members achieve social and economic needs through equitable capital contributions and sharing of risks and benefits. The Constitution encourages broadening cooperative ownership and protects cooperatives' right to own businesses. It also supports farmers' cooperatives participation in agriculture programs.
This document summarizes and compares different types of cooperatives, including mutual societies, building societies, credit unions, consumer cooperatives, and producer cooperatives. It discusses their purposes of serving member needs by overcoming exploitation and improving quality of life. Case studies are presented on the Trustee Savings Bank, credit unions, building societies, and the Co-operative Retail Services consumer cooperative to analyze causes of failures and reasons for success in cooperative management and control.
The document defines and describes several non-state institutions including banks, corporations, cooperatives, trade unions, advocacy groups, and international organizations. It explains that banks are responsible for depositing savings, payment systems, and issuing loans. Corporations can be for-profit stock corporations or not-for-profit non-stock corporations. Cooperatives are owned and controlled democratically by members and often invest in local communities. Trade unions represent workers to negotiate wages and conditions. Advocacy groups give voice to civil society on issues like human rights. International organizations can be international non-governmental organizations or intergovernmental organizations like the UN.
The document discusses social finance and financial inclusion. It defines social finance as using financial tools to promote decent work and inclusive access to banking services. Social finance includes micro-lending, social enterprises, and outcome-based grants. It benefits the poor through credit, savings, and risk management. The document advocates a sustainable and diverse banking system to promote social, environmental and economic development through inclusive access to financial services and support for small and medium enterprises.
Coop Identity, Values, Principles, Governance and Best Practicesjo bitonio
This document provides an overview of cooperatives including their history, principles, governance, and impact. It discusses how cooperatives originated from groups working together throughout history for mutual benefit. The modern cooperative movement began in the 19th century in Europe and North America. Cooperatives were formed during economic hard times to help people. They contribute to job creation, social integration, and poverty reduction. The document also outlines the different types of cooperatives according to Philippine law and provides statistical data on cooperatives in certain provinces and their total assets.
The document summarizes observations about solidarity economics and cooperatives in Colombia. It discusses the concepts of the solidarity sector and solidarity economics. It describes the structure and characteristics of cooperatives in Colombia as defined by law, including their democratic governance, variable membership, and goal of meeting member needs. It notes some current challenges for cooperatives in Colombia like free trade agreements and lack of supportive regulation, but concludes the cooperative model continues developing through conceptual discussions, network cooperation, and education.
Co operative society business model ppt by SHIVAM AgrawalshivamAgrawal155
The document discusses the formation and operation of cooperative societies in India. It states that a cooperative society can be formed under the Cooperative Societies Act by at least 10 people with a common economic goal, such as farming or weaving. Members must submit an application and bye-laws to the Registrar of Cooperative Societies. Key characteristics of cooperatives include open membership, democratic management, and the distribution of surplus funds. The document also outlines the types of cooperatives commonly found in India and discusses some advantages and challenges faced by cooperatives.
The document provides background information on the history and development of cooperatives. It discusses how the modern cooperative movement began in 1844 with the Rochdale Society of Equitable Pioneers in Rochdale, England. It then outlines key figures like Robert Owen and Dr. William King who influenced the development of cooperatives. The document also summarizes major milestones and policies regarding cooperatives in the Philippines from 1906 to 1969.
A cooperative is a business owned and controlled equally by its members who use its services. To form a cooperative society in India, at least 10 people with common economic goals submit an application and bye-laws to the state registrar. If approved, the registrar issues a registration certificate. Cooperatives have features like open membership, democratic control, and distribution of surplus. Examples of cooperative societies include consumer cooperatives to provide goods at reasonable prices, producer cooperatives to support small producers, and credit cooperatives to provide loans to members.
This document discusses several key aspects of economic systems and development. It defines the economy as a system and discusses occupations, work, and how the industrial revolution changed civilization. It also covers concepts like private property, capitalism, socialism, multinational corporations, and how social factors influence economic development. Technological adoption, innovative personalities, population growth, and the cultural support for technology are some of the social influences discussed.
Here are the key points I took away from reviewing the document:
- Social enterprises pursue social missions through business approaches and methods to address social issues. They exist along a spectrum from purely for-profit to purely non-profit organizations.
- Social enterprise models vary significantly between regions/countries based on factors like the role of the state, market conditions, civil society involvement, and reliance on international aid.
- Common social enterprise organizational types include nonprofits with commercial activities, hybrid organizations balancing social and profit goals, and for-profits with explicit social purposes.
- The document discusses examples of social enterprises from the US, Western Europe, Southern Africa, and Argentina and compares their typical outcomes, organizational types, societal
The document discusses several economic systems - Islamic economy, capitalism, and mixed economy. The Islamic economy is based on principles like zakat (charitable donations), profit and loss sharing, and prohibiting interest. Capitalism is based on individual rights and free enterprise, prioritizing self-interest and economic growth. A mixed economy combines elements of socialism and capitalism, with the government controlling some industries while allowing private enterprise in others.
The command capitalism’s,socialism,communismhammad khan
This document discusses different economic systems, focusing on command capitalism. It defines command capitalism as a mixed system combining aspects of capitalism and socialism, with both government and market forces deciding production and consumption. Examples given are China, Hong Kong, Singapore, and South Korea. The document highlights China as a role model, noting its continued economic growth even after the 2008 recession that impacted Western nations. It outlines features of command capitalism like coexistence of public and private sector ownership and close government monitoring of market forces.
This study was conducted in Dar es Salaam at Kinondoni District. The main objective of the research was to analyse the contribution of VICOBA and members’ business sustainability at Kunduchi Ward. It focused on members who own business in ten (10) VICOBA groups found in Kunduchi ward, whereby the members’ businesses seems to be not performing well although VICOBA provide credits, trainings and supervision to its members. Literature review focuses on Entrepreneurship theory and Grameen model. A case study design was adopted with a sample size of seventy six (76) respondents through the Glenn sample size formula. The research used questionnaire to VICOBA members and interview guide to VICOBA trainers. The research findings were based on credits, trainings and supervisions of VICOBA to its members’ business, whereby VICOBA provide credits in a simple way but they have no enough business trainings and frequently supervision which lead to the failure of business performance.
The World Bank is an international financial institution that provides loans and technical assistance to developing countries for projects aimed at reducing poverty. It has 188 member countries and has provided over $65 billion to India for projects in areas like agriculture, infrastructure, education and health. Key aspects include that it was founded in 1944, has over 9,000 employees, and includes several affiliated organizations that make up the World Bank Group and work towards poverty reduction.
Cooperatives have several key characteristics:
1. They are voluntary associations where members democratically control and own the business for their mutual benefit.
2. Membership is open to all without discrimination and members have equal voting rights regardless of investment.
3. Profits are distributed equitably based on use rather than investment, with a limited rate of return on capital.
4. Cooperatives operate for service of members rather than profit, though they may generate surpluses to fund operations.
The document discusses resolving the global economic crisis by establishing Emerging Nations Economic Unions. It argues that emerging nations must take charge by forming their own economic institutions, including an Emerging World Bank, Emerging World Monetary Fund, Emerging World Council, and Emerging World Court. This would allow emerging nations to have greater negotiating power and leverage in global economic affairs. Establishing these unions and institutions would provide emerging nations with more strategic planning, cooperation, and benefits for improving lives.
This document provides an abstract and table of contents for a paper about the impact of co-operatives on livelihoods. The abstract notes that the paper will appreciate the role of co-operatives in creating jobs and reducing poverty. It will present case studies of three specific co-operatives focused on livelihood generation in India. The paper also suggests a model for rating co-operative societies.
This document provides an overview of cooperatives worldwide and in the EU. It notes that there are over 3 million cooperatives globally employing 280 million people, with the 300 largest cooperatives having a turnover of $2 trillion in 2016. In the EU there are 131,000 cooperatives employing over 4.3 million people and generating €992 billion annually in turnover. While cooperatives have grown in economic importance, they face challenges from globalization, differing national laws, and governance issues. Lawmakers are discussing initiatives to establish a level playing field for cooperatives to compete with other businesses while maintaining their social missions.
This document provides updates on cooperative activities around the world and at the ILO. It discusses events celebrating International Day of Cooperatives in many countries. It also summarizes legislative reforms supporting cooperatives in various nations and technical support requests received by the ILO. Finally, it previews upcoming global meetings on cooperatives and their potential to strengthen the sector.
The 20th century elevated consumption to be central and critical to the economic system, occurring as a consequence of the way production and labor were organized. But by the dawn of the new century, developed societies were grappling with the challenge of creating a more humane form of consumption, driven by three major forces: lower labor demands in technological industry, erosion of the social contract, and the environmental costs of reckless consumption on increasingly scarce natural resources.
http://www.ericsson.com/thinkingahead/networked_society/commerce_reports
The 1987 Philippine Constitution recognizes cooperatives as legal entities with economic and social functions. It mandates the creation of an agency to promote cooperatives. Cooperatives are defined as associations that help members achieve social and economic needs through equitable capital contributions and sharing of risks and benefits. The Constitution encourages broadening cooperative ownership and protects cooperatives' right to own businesses. It also supports farmers' cooperatives participation in agriculture programs.
This document summarizes and compares different types of cooperatives, including mutual societies, building societies, credit unions, consumer cooperatives, and producer cooperatives. It discusses their purposes of serving member needs by overcoming exploitation and improving quality of life. Case studies are presented on the Trustee Savings Bank, credit unions, building societies, and the Co-operative Retail Services consumer cooperative to analyze causes of failures and reasons for success in cooperative management and control.
The document defines and describes several non-state institutions including banks, corporations, cooperatives, trade unions, advocacy groups, and international organizations. It explains that banks are responsible for depositing savings, payment systems, and issuing loans. Corporations can be for-profit stock corporations or not-for-profit non-stock corporations. Cooperatives are owned and controlled democratically by members and often invest in local communities. Trade unions represent workers to negotiate wages and conditions. Advocacy groups give voice to civil society on issues like human rights. International organizations can be international non-governmental organizations or intergovernmental organizations like the UN.
The document discusses social finance and financial inclusion. It defines social finance as using financial tools to promote decent work and inclusive access to banking services. Social finance includes micro-lending, social enterprises, and outcome-based grants. It benefits the poor through credit, savings, and risk management. The document advocates a sustainable and diverse banking system to promote social, environmental and economic development through inclusive access to financial services and support for small and medium enterprises.
Coop Identity, Values, Principles, Governance and Best Practicesjo bitonio
This document provides an overview of cooperatives including their history, principles, governance, and impact. It discusses how cooperatives originated from groups working together throughout history for mutual benefit. The modern cooperative movement began in the 19th century in Europe and North America. Cooperatives were formed during economic hard times to help people. They contribute to job creation, social integration, and poverty reduction. The document also outlines the different types of cooperatives according to Philippine law and provides statistical data on cooperatives in certain provinces and their total assets.
VE 102_GROUP 4- ECONOMIC INSTITUTION_FATIMA M. PARA-ONDA REPORT PPTX.pptxFatima Para-onda
Economic institutions are responsible for organizing the production, exchange, distribution and consumption of goods and services in every society. The document discusses the nature and concepts of economic institutions and different economic systems such as traditional economies, command economies, mixed economies, and market economies. It also outlines the major players in economics like the Federal Reserve, Treasury Secretary, and Council of Economic Advisers. Key sectors of the economy like primary, secondary and tertiary are defined along with the functions of economic institutions in establishing property rights, facilitating transactions, and permitting economic cooperation.
This document provides an introduction to the study of geography and economics. It begins with an overview of the topics that will be covered over the course of the year, including economic foundations, globalization, and political and social organization. It then presents a series of questions for students to answer to assess their existing knowledge. The remainder of the document covers key concepts in economics, such as the three main economic sectors, companies and job markets, and different economic systems.
Humanizing the Economy with John Restakis, 5.31.12NFCACoops
John Restakis, executive director of the British Columbia Co-op Association and author of “Humanizing the Economy: Co-operatives in the Age of Capital,” asserts that it is the disconnection between conventional economics and social ends that lies at the heart of our economic crisis, and that co-operatives offer a powerful economic model to reconnect and relate social goals with economic practice.
The document introduces the concept of solidarity economy (SE) as an alternative to capitalism that democratizes the economy. Key aspects of SE discussed include ethical banks where savers choose how money is used, worker cooperatives owned and operated by employees, and participatory budgeting where citizens decide local government spending. The development of SE is described in various regions, and strategies proposed to further SE in Asia include creating national networks to connect stakeholders, developing a wiki to share SE information, and increasing collaboration with Latin America where SE is more established.
This document provides an overview of Module 6, which focuses on creating a just world through sustainable development. It defines key terms like sustainability, sustainable development, and the three pillars of sustainable development - economic, environmental, and social. It discusses how societies can achieve a just and harmonious way of living through ensuring basic rights and freedoms for people. The objectives of the module are also listed, which include understanding concepts like global food security and global citizenship.
NGOs Role in Enforcing Social Corporate Responsibilities in Post-Colonial MEN...Abdeslam Badre, PhD
This document discusses the roles of civil society organizations in promoting corporate social responsibility, particularly in post-colonial MENA states using Morocco as a case study. It outlines how CSR and CSOs have evolved over time in the West and MENA region. While CSR began as a religious concept in MENA, it is now being modernized to align with international models. However, CSOs promoting CSR are still developing in the region as civil society itself is relatively new, having emerged from anti-colonial movements. The document examines challenges CSOs face in advocating for CSR from corporations in MENA states.
This document summarizes the origins and key concepts of cooperatives. It discusses important theorists and organizations in the development of the cooperative movement such as Robert Owen, the Rochdale Pioneers, and Friedrich Raiffeisen. It also outlines the key values of cooperatives including self-help, self-responsibility, democracy, equality, equity and solidarity that form the basis of the cooperative principles. Finally, it discusses concepts relevant to cooperatives including hybrid models, isomorphization, and false cooperatives.
Presentation by Luca Pastorelli (President, DIESIS) on the occasion of the SOC section hearing on Migrant entrepreneurs’ contribution to the EU economy on 24.11.2011 in the framework of the Permanent Study Group on Immigration and Integration.
This document discusses social business problems, principles, and implementation. Some common social business problems identified include being too local in scale, not being consumer-oriented, and not using available resources efficiently. The document provides principles for better implementing social business, such as involving volunteers and famous people, investing in design, having a clear goal, and partnering with larger organizations. It also questions how individuals can determine if starting a social business is viable based on available unused resources and opportunities to partner with other organizations.
An ethical bank, also known as a social, alternative, civic, or sustainable bank, is concerned with the social and environmental impacts of its investments and loans. Key characteristics include community involvement, sustainable practices, client screenings, and consistent internal and external ethics. While ethical banks aim to do good, they must still maintain financial stability and consider profits since good intentions alone do not protect against economic downturns. Ethical banks differ from traditional banks in their role of serving the common good, origins of money from customer savings created through real economy activities, destinations of money to have positive social, environmental and economic impacts, and transparent management of investments according criteria and values rather than exclusive profit-seeking. Triodos Bank is provided as an
This document defines crowdfunding and discusses its benefits and drawbacks. Crowdfunding is raising money from a large number of people typically online. Benefits include fast financing with no fees, marketing, feedback, and testing ideas. Drawbacks include a large time commitment, fees of 8-12%, high failure rates, and potential damage to reputation if projects fail. The document provides tips for successful crowdfunding such as understanding the process, creating a plan and pitch, securing early pledges, and communicating with investors. It also lists popular crowdfunding platforms like Kickstarter and Indiegogo.
Transition towns aim to reduce reliance on fossil fuels and create more sustainable communities. They involve reclaiming and revitalizing public spaces to encourage community and put pedestrians first. The document discusses definitions of transition towns and provides examples like the first city garden created in Lithuania in 2013, which brought people together and led to additional community initiatives in the area. It also discusses placemaking, urban planning experiments, and grassroots tactics used by "partisan transition towns" to promote sustainability through street art and guerilla actions.
Social innovations are new ideas that meet social needs in more effective ways. They can be products, services, or models that create social relationships and new collaborations. While social innovations help address old social and environmental issues, strengthen societies, and create jobs, there are also several barriers to social innovation. In Lithuania specifically, while the concept is not well defined or researched, some social innovations have been created unconsciously. Barriers there include a lack of venture capital, transparency in public funding, cooperation in the social welfare sector, and management knowledge in social entrepreneurship.
Tax havens are jurisdictions that provide low or zero tax rates without requiring significant economic activity. They guarantee secrecy on company structures and ownership. Since 2015, just 1% of the world's population owns more wealth than the other 99%, and in 2016 just 8 people had as much wealth as the poorest 3.7 billion people. Inequality has increased within countries even as it decreases globally. The document suggests increasing financial transparency by requiring public reporting of profits and taxes by country for multinationals. It also proposes blacklisting tax havens, unitary taxation based on economic activity, public registries of beneficial ownership, ending harmful national tax practices, and democratizing international tax reform.
This document outlines a lecture on corporate social responsibility (CSR) implementation. It discusses prerequisites for efficient implementation such as identifying why CSR is important and who will be involved. It also defines CSR and relevant stakeholders. Additionally, it presents frameworks for developing a CSR plan, including the Plan-Do-Check-Act cycle and ISO 26000 core areas covering topics like human rights, labor practices, and community involvement. The document concludes by discussing developing an action plan for CSR implementation.
This document provides an overview of corporate social responsibility and sustainable development. It discusses key topics such as ISO 26000 guidance on socially responsible business practices, Carroll's pyramid model of CSR, and the importance of stakeholder engagement. The benefits of CSR are also reviewed, including financial gains, employee motivation and reputation benefits. Implementation of CSR involves understanding why an organization is pursuing it, how it will be achieved, and identifying stakeholders to manage interests.
This document provides an introduction to social entrepreneurship. It defines social entrepreneurship as business primarily driven by social goals and creating positive social and environmental impacts. The document outlines strategies for developing social entrepreneurship, including complementing public services and contributing to social capital growth. It discusses differences between social and traditional for-profit businesses and provides context on social entrepreneurship in the EU and Croatia, including relevant laws, organizations, and funding programs. The document promotes workshops to explore criteria for recognizing social entrepreneurs.
This document discusses collaborative learning (CL). It begins with questions for discussion about the nature and advantages of CL. The nature of CL involves drawing on natural social compositions and balancing individual and group interests. Advantages include increased achievement, positive attitudes, relationships, innovation, understanding, thinking, shared responsibility, reduced anxiety, and comprehension. Motivation in CL comes from good tutor moderation and effective strategies like role-based scenarios, rules/procedures, and feedback. Challenges include not all students being happy, expectations, asymmetrical participation, wasted time, insufficient interaction, withholding ideas, and overfocus on cognition. Successful CL requires practice.
This document provides an overview of developing a social business model canvas. It discusses key concepts like customer empathy, lean startup, business model canvas, value proposition design and theory of change that are important for building a social business. Examples of different types of existing social businesses are also provided like Grameen Bank, Grameen Eyecare Hospital, Dialog in the Dark etc. The document then dives into creating a sample business model canvas for a hypothetical social business accelerator called Young Social Business (YSB). It outlines the customer profiles, jobs, pains, gains, value propositions, and other elements to visualize how the YSB business would work.
The document provides an overview of customer discovery concepts and lessons learned from testing assumptions. It discusses establishing problem and customer theories by defining target users' key needs, wants and motivations. Interviews use open-ended questions to understand problems from users' perspectives rather than leading questions. The document emphasizes starting with qualitative data to understand motivations before quantitative data, and testing assumptions through methods like user journeys and the "five whys" technique. Lessons highlight practicing soft skills, focusing interviews, and re-testing assumptions continuously.
This document provides an overview of economics. It defines economics and outlines its two main branches: macroeconomics and microeconomics. It then gives a brief history of economic thought from the classical school to modern theories like Keynesianism and monetarism. Next, it summarizes key concepts in macroeconomics like GDP, economic growth, inflation, unemployment and business cycles as well as fiscal and monetary policy. Finally, it covers microeconomic topics such as demand and supply, market equilibrium, shifts in demand and supply, and different market structures.
1) The document discusses the principles of linking financial statements, including that each item on the balance sheet must correspond to an item on the cash flow statement, non-cash expenses are added back to net income to calculate cash flow from operations, and cash flow from investing and financing activities are projected directly on the cash flow statement.
2) Key aspects of projecting the statements include determining changes in working capital from operations, treating capital expenditures as cash outflows for investing activities, and showing debt and equity issuances as cash inflows for financing activities.
3) Adjustments are made to the balance sheet by linking non-cash items to their corresponding lines on the cash flow statement, subtracting for asset accounts and adding for
The document provides information on three key financial statements: the income statement, balance sheet, and cash flow statement. The income statement shows revenue, expenses, and profits over a period of time. The balance sheet outlines a company's assets, liabilities, and equity at a point in time. The cash flow statement tracks changes in a company's cash balance over a period from operating, investing, and financing activities.
Collaborative platforms connect people and organizations within an interactive ecosystem where value is created and exchanged. Main features of collaborative services include enabling members to generate offers through filtering and profiles, build reputation through trust systems, and interact through community features. Effective collaborative platforms are easy to use, comfortable, flexible, and social.
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
How to Fix the Import Error in the Odoo 17Celine George
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
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Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
How to Manage Your Lost Opportunities in Odoo 17 CRMCeline George
Odoo 17 CRM allows us to track why we lose sales opportunities with "Lost Reasons." This helps analyze our sales process and identify areas for improvement. Here's how to configure lost reasons in Odoo 17 CRM
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3. 1. CONCEPT
Birchall (2004, 15). The International Cooperative
Alliance (ICA) defines cooperatives as:
“An autonomous association of persons united
voluntarily to meet their common economic, social
and cultural needs and aspirations through a
jointly owned and democratically controlled
enterprise”.
www.ecorl.it
4. 1. CONCEPT
Birchall (2004, 14). “There are many ways of doing
business, but there are only a few ways of owning
and controlling business organisations. The most
familiar ones are joint stock companies, owned by
people who invest in them and who take the
profits, and public sector organisations, owned by
governments that specify what public purposes
they will pursue. These two types are so prevalent
in modern society that we often tend to overlook
the others and to engage in simplistic debates
about the relative merits of ‘public versus private’.”www.ecorl.it
5. 1. CONCEPT
“We will not make that mistake here, because
there are also family businesses, owned by people
who have built up or inherited a company, and
philanthropic organisations that are owned in trust
by people whose intention is to provide goods or
services for other people less fortunate than
themselves. Then there are membership-based
organisations owned by their ‘users’, people who
want to be provided directly with goods or
services.”
www.ecorl.it
6. 1. CONCEPT
These membership organisations are often – but
not always – called cooperatives. The crucial point
is that they are a distinctive type of organisation in
their own right. In the history of the evolution of
modern organisations, they are at least as old as
the others and are just as well established in law.
Why do not many people know this?
www.ecorl.it
7. 1. CONCEPT
Partly it is because the investor-owned business
has recently become the dominant type. Partly it is
because the membership-based type is known by
several names – mutual, cooperative, self-help
group, business club, economic association –
each referring to varying histories, traditions and
legal forms.
www.ecorl.it
8. 2. COOPERATIVES BY SECTORS
We are going to analyze in which sectors
cooperatives have more revenues and therefore,
which cooperatives are the largest ones in the
world.
We will do through, The Global300 Report that
identifies the biggest co-operatives in the world
(measured by turnover specified in dollars)
www.ecorl.it
9. 2. COOPERATIVES BY SECTORS
The revenues of
these 300
biggest
cooperatives
are equal to the
GDP of a
country like
Spain.
www.ecorl.it
10. 2. COOPERATIVES BY SECTORS
Importance of the cooperatives in differents countries.
www.ecorl.it
13. 2. COOPERATIVES BY SECTORS
Agriculture / Forestry
Agricultural cooperatives play an important role in
supporting small agricultural producers and
marginalized groups such as young people and
women. They empower their members
economically and socially and create sustainable
rural employment through business models that
are resilient to economic and environmental
shocks.
www.ecorl.it
14. 2. COOPERATIVES BY SECTORS
Agriculture / Forestry
It offers small agricultural producers opportunities
and a wide range of services, including improved
access to markets, natural resources, information,
communications, technologies, credit, training and
warehouses. They also facilitate smallholder
producers’ participation in decision-making at all
levels, support them in securing land-use rights,
and negotiate better terms for engagement in
contract farming and lower prices for agricultural
inputs such as seeds, fertilizer and equipment.www.ecorl.it
16. 2. COOPERATIVES BY SECTORS
Banking / Credit Unions
Credit unions and financial cooperatives contribute
significantly to ensuring access to affordable
financial services, access that is especially critical
given the current economic crisis. Credit unions
often provide savings, credit and related financial
services to communities that otherwise may not
have access due to geographical, cultural or
financial challenges facing individuals.
www.ecorl.it
18. 2. COOPERATIVES BY SECTORS
Consumer / Retail
Enterprises owned by consumers and managed
democratically which aim at fulfilling the needs and
aspirations of their members. They operate within
the market system, independently of the state, as
a form of mutual aid, oriented toward service
rather than pecuniary profit. Consumers'
cooperatives often take the form of retail outlets
owned and operated by their consumers.
www.ecorl.it
20. 2. COOPERATIVES BY SECTORS
Insurance
Mutuals and co-operatives represented nearly a
quarter of the world’s insurance industry in 2008.
Important role in protecting the financial well-being
of individuals and their families. This may come as
no surprise given that some of the world’s oldest
insurance companies are mutuals or co-
operatives. It also underlines that the mutual/co-
operative structure is a sustainable enterprise
model that is well suited to contributing to the
economic development of diverse markets.www.ecorl.it
22. 2. COOPERATIVES BY SECTORS
Workers / Industrial
These co-operatives can be found in most
industrial or service sectors and for most of them
their workers are primarily members and co-
owners and thus participate in the share capital. It
also means the majority of members are also
workers. A second type is constituted by co-
operatives of individual producers or craftsmen
(such as masons, bakers or taxi drivers) or
professionals (such as doctors, dentists or
engineers).www.ecorl.it
24. 3. COOPERATIVES AND DEVELOPMENT
Ban Ki Moon: “Cooperatives empower their
members and strengthen communities. They
promote food security and enhance opportunities
for small agricultural producers. They are better
tuned to local needs and better positioned to serve
as engines of local growth. By pooling resources,
they improve access to information, finance and
technology. And their underlying values of self-
help, equality and solidarity offer a compass in
challenging economic times.”
www.ecorl.it
25. 3. COOPERATIVES AND DEVELOPMENT
Ban Ki Moon: “Cooperatives are also critical in
supporting indigenous communities, and in
offering productive employment opportunities for
women, youth, persons with disabilities, older
persons and others who face discrimination and
marginalization.
The global financial and economic crisis has also
demonstrated the resilience of alternative financial
institutions such as cooperative banks and credit
unions.”
www.ecorl.it
26. 3. COOPERATIVES AND DEVELOPMENT
“I encourage all stakeholders to continue building
awareness and pursuing policies to strengthen
cooperatives everywhere. By contributing to
human dignity and global solidarity, cooperatives
truly do build a better world.”
7th July 2012 Message for the
International Day of Cooperatives.
Mr Ban Ki Moon,
Secretary General of the United Nations,
www.ecorl.it
27. B) LAW 5/2011 OF SOCIAL
ECONOMY
1. Origin and evolution.
2. Concept and development.
3. Influence in Spain.
4. Importance in Europe.
5. Conclusions.
www.ecorl.it
28. 1. ORIGIN AND EVOLUTION
This is a pioneering law in Spain, because until the
year 2011 there was no specific legislation on
Social Economy.
The Spanish Constitution includes a series of
articles on which social economy entities are
based on (Articles 1.1, 9.2, 40, 41, 47 and 129.2).
Specifically, art. 47 covers the housing
cooperatives included in the Social Economy law.
www.ecorl.it
29. 1. ORIGIN AND EVOLUTION
The Social Economy had its first explicit
recognition in Law 31/1990 of December the 27th,
and the National Institute for the Promotion of
Economics (INFES) was created. Its objective was
to promote Social Economy entities, but it was
dissolved and the Directorate General for the
Promotion of the Social Economy and the
European Social Fund assumed its functions.
Law 27/1999, of Cooperatives, incorporates the
Council for the Promotion of the Social Economy
as an advisory and consultative body.www.ecorl.it
30. 1. ORIGIN AND EVOLUTION
The need to approve a Law of Social Economy
derives from the direct connection with the
principles and objectives pursued by the Law of
Sustainable Economy, because the Social
Economy is connected with the economic model of
sustainable development in its triple economic,
social and environmental dimension .
In addition, the Business Confederation of the
Social Economy (CEPES) prepared a proposal for
an articulated text.www.ecorl.it
31. 2. CONCEPT AND DEVELOPMENT
On March 29, 2011 it was approved with the
unanimous support of all parliamentary groups
Law 5/2011 of Social Economy, thus fulfilling the
imperative mandate of art. 129.2 EC.
Art. 2 of this law establishes the concept of Social
Economy: A set of economic and business
activities carried out by entities in their private
sphere and whose purpose is to pursue either the
collective interest of its members or the general
interest, or both.
www.ecorl.it
32. 2. CONCEPT AND DEVELOPMENT
Art. 3 states that the scope of this law extends to
all social economy entities operating in Spanish
territory.
Art. 5 indicates which are the entities to which this
law applies. These entities are:
• Cooperatives.
• Mutualities.
• Foundations and associations that carry out
economic activity.
• Labor societies.
• Insertion companies.www.ecorl.it
33. 2. CONCEPT AND DEVELOPMENT
•Special employment centers.
•Fishermen's guilds.
•Agrarian transformation societies.
•Individual entities created by specific norms
that are governed by the principles established
in article four (guiding principles).
www.ecorl.it
34. 2. CONCEPT AND DEVELOPMENT
This legislation encourages the hiring of workers
or the creation of companies offering bonuses in
Social Security contributions (articles 9 and 11).
However, these companies should guide their
actions through the guiding principles of art. 4 and
there are as follows:
• Priority of people and social purpose over
capital.
• Application of the results obtained in function of
the work contributed.
www.ecorl.it
35. 2. CONCEPT AND DEVELOPMENT
• Promotion of internal solidarity to promote
equal opportunities for men and women, social
cohesion, inclusion of people at risk of social
exclusion, the generation of stable and quality
employment, the reconciliation of work, family
and personal life and sustainability.
• Independence from public authorities.
www.ecorl.it
36. 2. CONCEPT AND DEVELOPMENT
Art. 13 creates a specific body that is responsible
for supervising the activity of social entities. It is
advisory and consultative.
In short, this regulation aims to establish a
common legal framework that respects the internal
regulation of each one (Article 1).
Law 31/2015 partially amended Law 5/2011 to
expand bonus quota to stimulate and encourage
the recruitment of children under 30 years.
www.ecorl.it
37. 3. INFLUENCE IN SPAIN
Law 5/2011 establishes that the Central
Administration will act jointly with the Autonomous
Communities.
The Seventh Additional Provision, among other
articles, establishes that the Government will
elaborate a simulative program of the Entities of
Social Economy consulting prior to the
Autonomous Communities.
www.ecorl.it
38. 3. INFLUENCE IN SPAIN
After the entry in force of the law, some
Autonomous Communities have been expressly
included in the Statute of Autonomy the term
“Social Economy”: Andalucia, Aragon, Castile
and Leon, Catalonia and Valencia.
Galicia has approved Law 6/2016 of the Social
Economy of Galicia, where a new model of
cooperative is created to alleviate the high level of
youth unemployment in Galicia. For this reason,
the constitution requirements are simplified.www.ecorl.it
39. 3. INFLUENCE IN SPAIN CASTILLA-LA
MANCHA
It does not expressly include the Social Economy
in its Statute of Autonomy although it was modified
in 2014 and cooperatives are a very important
factor in the Castilian-La Mancha economy.
In Art. 31.1.22 it recognizes exclusive competence
in cooperatives and Law 20/2002 is approved,
repealed by Law 11/2010, where importance is
attached to the will of the members and they will
no longer respond personally to social debts.
www.ecorl.it
40. 3. INFLUENCE IN SPAIN. CASTILLA-LA
MANCHA
To achieve greater development in the area of
Cooperatives, a preliminary draft on Cooperative
Microenterprise and Rural Cooperative was
approved on the 28th of February of this year.
The goal is to cover more than 2,000 companies
that employ almost 16,500 workers. The main
addition is the creation of agri-food cooperatives
(land development, cultural activities, welfare
assistance, social integration, etc.).
www.ecorl.it
41. 4. IMPORTANCE IN EUROPA
In the environment of the European Union (EU)
there is no specific regulation on Social Economy.
The first initiative in this area was produced by the
"Toia Report" (2009), where the European
Commission was urged to foster social enterprise,
since the fundamental motive is not financial
profitability, but corporate profitability.
The Europe 2020 strategy was launched in 2010
by the European Commission to alleviate the
economic crisis. It has been urged to integrate into
the strategy of Social Economy, because it
generates macroeconomic and social benefits.
www.ecorl.it
42. 4. IMPORTANCE IN EUROPA
The so-called "Social Economy Intergroup"
defends the Social Economy in Europe and it is an
informal forum composed of members of the
European Parliament, who meet to discuss these
issues.
In short, Spanish law is a benchmark and example
of good practice that can allow similar frameworks
in the EU. It would contribute to the recognition of
the Social Economy as an economic agent that
contributes to the construction of a strong Europe
in a globalized world.www.ecorl.it
43. 5. CONCLUSIONS
Despite the fact that law 5/2011 has filled a
legislative vacuum in this regard, it is worth
mentioning some problems:
1) According to the consideration of Social Entity,
third sector entities (non-profit making) can never
be considered in this way.
www.ecorl.it
44. 5. CONCLUSIONS
2) Although art. 5 makes an enumeration of
entities that should not ever be considered
social entities, they would have to be be
consulted on a case-by-case basis if they
comply with the guiding principles.
3) Who and how the principles must be fulfilled
by the entities is imprecise.
www.ecorl.it
45. 5. CONCLUSIONS
4) The self-regulation of entities can be a
problem if there are dysfunctionalities with the
general rule, because the public measures of
the Social Economy may not be applied.
However, it should not be forgotten that this law
shows Spain’s intention to implement a
sustainable, innovative and respectful economy
with work. It is still too early to know if this law is
effective because of its short application time.
www.ecorl.it
46. 5. CONCLUSIONS
In short, the Social Economy is presented as an
employment creation alternative, from a more
humane and supportive perspective, different from
the mere economic interest. In addition, the
principle of "free association for common benefit"
is prioritised over solely competitive spirit, as the
fundamental pillars of democracy, social interest
and distributive justice.
www.ecorl.it
47. Produced by:
Erasmus Plus KA2 – Adult Education
Agreement n. 302554962 Project n. 2015-1-IT02-KA204-015467
www.ecorl.it
48. PARTNERS
Università Popolare di Firenze-IT
www.universitapopolaredifirenze.it
Federación Española de Universidades Populares-SP
www.feup.org
Pula Open University -HR
www.pou-pula.hr
Eu Trade-LT
www.eu-trade.org
Yunus Social Business-AL
http://ysbbalkans.com/
Università Telematica Uninettuno-IT
www.uninettunouniversity.net
This project has been funded with support from the European Commission. Publication
and products reflect the views only of the ECORL Consortium, and the Commission cannot
be held responsible for any use which may be made of the information contained therein
www.ecorl.it/en info@ecorl.it