Globalization and Co-operative Strategies

  • Roger Spear
Chapter

Abstract

Globalization has many features, but three in particular have important implications for co-operatives in the way in which they respond to the challenge of globalization. Firstly the globalization of financial markets, which gives a competitive advantage to large multi-national corporations compared to co-operatives, due to the latter’s more restricted access to such markets. Secondly, the internationalization of corporations through merger and acquisition activity, and the comparative disadvantage of co-operatives in this market for corporate control, partly due to their financial and governance structures and partly to their national orientation. Thirdly, the liberalization of national regulatory and institutional frameworks which have often supported or protected co-operatives’ activities.

Keywords

Social Capital Foreign Direct Investment Competitive Advantage Operative Strategy Credit Union 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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© Roger Spear 2014

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  • Roger Spear

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