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The Meaning and Defining Characteristics of Cooperatives

Chapter
Part of the SpringerBriefs in Geography book series (BRIEFSGEOGRAPHY)

Abstract

Around the world, cooperatives are increasingly being recognised for their invaluable roles in socio-economic development. This recognition has translated into countries and development organisations taking proactive steps towards grounding the cooperative movement so as to maximise their socio-economic benefits. The primary objective of this chapter is to present an overview of the cooperative movement. In doing this, the chapter engages how the cooperative movement has been conceptualised. The chapter also presents the defining characteristics of the cooperative movement and how these translate into the impact they have on the society. The chapter notes that the unique characteristics of cooperatives are what make the sector important in addressing socio-economic challenges.

Keywords

Cooperative Development Employment Principles Values 

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Copyright information

© The Author(s) 2016

Authors and Affiliations

  1. 1.School of Built Environment and Development StudiesUniversity of KwaZulu-NatalDurbanSouth Africa

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