1st Edition

The Growth of Italian Cooperatives Innovation, Resilience and Social Responsibility

By Piero Ammirato Copyright 2018
    236 Pages
    by Routledge

    236 Pages
    by Routledge

    The Italian Cooperative Sector is amongst the largest in the world comprising over 60,000 cooperatives from all sectors of the economy directly employing 1.3 million people. Cooperatives created close to 30 percent of new jobs in Italy between 2001 and 2011 demonstrating that democratic cooperative enterprises can successfully operate in a market economy combining economic success and social responsibility. These offer a viable alternative to profit maximising enterprises and an opportunity to create a more pluralist and democratic market economy.



    The Growth of Italian Cooperatives: Innovation, Resilience and Social Responsibility comprehensively explains how the Italian cooperative sector has managed to compete successfully in the global economy and to grow during the global financial crisis. This book will comprehensively explain how the Italian cooperative movement has managed to grow into a large successful network of cooperatives. It will examine the legislative framework and their unique business model that allows it to compete in the market as part of a network that includes central cooperative associations, financial and economic consortia, and financial companies. It will explore cooperative entrepreneurship through a discussion of the formation of cooperative groups, start-ups, worker-buyouts and the promotion of entirely new sectors such as the social services sector. Finally, The Growth of Italian Cooperatives examines how cooperatives have managed the GFC and how their behavior differs from private enterprises. It will also analyze the extent to which cooperatives compete while still uphold the key cooperative principles and fulfil their social responsibility.



    This book is an interdisciplinary study of cooperative development and is designed to inform members of the academic community, government, public policy makers and cooperative managers that are primarily interested in economic democracy, economics of the cooperative enterprise, cooperative networks and economic development, cooperative legislation, democratic governance, job creation programs, politics of inclusion and how wealth can be more equitably distributed.

    Foreword





    1. Introduction




    2. The Cooperative legislative framework: enabling growth and




    3. promoting cooperative principles







    4. Central Associations: leadership and economic development






    5. Financing cooperatives: members, markets and networks






    6. Consortia network: economies of scale and national expansion






    7. From large cooperatives to cooperative groups: a new cooperative model?






    8. Entrepreneurship: start-ups, worker-buyouts and social cooperatives






    9. Cooperative resilience: managing the global financial crisis






    10. Cooperative principles and social responsibility: people and communities




    11. before profits







    12. Cooperative identity: in search of a new vision






    13. Conclusion: toward a more pluralist and democratic market economy


    Biography

    Dr Piero Ammirato is an Honorary Fellow, Politics and Public Policy, at Deakin University, Melbourne, Australia.