Transcription of Cooperatives: Characteristics, activities, status, challenges
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Cooperatives: Characteristics, activities, status, challenges
BRIEFING EPRS | European Parliamentary Research Service Author: Cemal Karakas Members' Research Service PE February 2019 EN Cooperatives: Characteristics, activities, status, challenges SUMMARY Cooperatives are autonomous associations of people aspiring to achieve their objectives through a jointly owned and democratically controlled enterprise. International organisations, such as the United Nations and the European Union (EU), value the role cooperatives play for society, the economy and (international) development. There are 3 million cooperatives worldwide; together, they provide employment for 280 million people, equating to 10 % of the world's employed population. The 300 largest cooperatives and mutuals in the world had a total turnover of US$ trillion in 2016. In the EU there are some 131 000 cooperatives, with more than million employees and an annual turnover of 992 billion.
Cooperatives are autonomous associations of people aspiring to achieve their objectives through a jointly owned and democratically controlled enterprise. International organisations, such as the United Nations and the European Union (EU), value the role cooperatives play for society, the economy and (international) development.
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