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Co-operatives can play a key role in developmentWorking in

Co-operatives can play a key role in developmentWorking in 2025

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The document is a report by the Comptroller General of the United States, focusing on the Agency for International Development's (AID) efforts to establish cooperatives in developing countries. It highlights that AID often neglects critical social, political, and economic factors that influence the success of these cooperatives. The report emphasizes the need for AID to set realistic project goals, improve evaluations, and consider local conditions more thoroughly to enhance cooperative development outcomes in countries like the Philippines, Paraguay, and Liberia.

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What is the purpose of cooperate?

Cooperation demonstrates the ability to work effectively and respectfully with diverse people or teams, make compromises, build consensus in decision-making, assume shared responsibility for collaborative work, and value the opinions and contributions of individual team members, from a position of firm self-identity.

What is the purpose of a co-op?

A co-op is a business or organisation that is democratically owned and controlled by its members, to meet their shared needs.

What is the main purpose of a cooperative?

Why do co-ops exist? The purpose of a cooperative is to realize the economic, cultural and social needs of the organizations members and its surrounding community. Cooperatives often have a strong commitment to their community and a focus on strengthening the community they exist in or serve.

What is the role of cooperatives?

Cooperative Society is an organisation formed to provide financial assistance to its members. The members are responsible for raising capital to help those in need. It mainly protects the weaker sections within rural communities from exploitation by wealthy individuals and companies.

What is the purpose of the co-operative?

Cooperatives are organized to: 1. Improve bargaining power; 2. Reduce costs; 3. Obtain products or services otherwise unavailable; 4.

What is the main objective of a co operative?

The main purpose of a Co-operative Society is to provide service to its members. For example, in a Consumer Co- operative Store, goods are sold to its members at a reasonable price by retaining a small margin of profit.

What is the role of cooperatives in sustainable development?

Sustainable development is at the very core of co-operative enterprises. As a model of business based on ethical values and principles whose goal it is to provide for the needs and aspirations of their members, co-operatives play a pivotal role in responding to local community needs and objectives.

How do cooperatives contribute to local economic development?

Sustainable cooperatives continue to create jobs, provide a platform for local investment, support community infrastructure improvements and stimulate business development. Cooperative membership is shown to give women and marginalized groups independence and leadership opportunities.

Co-operatives can play a key role in developmentWorking in 2025

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