Business, Management and Accounting
4 years ago

Non-agricultural cooperatives vital for economy, face fierce competition in market.

RePEc: Research Papers in Economics
NON-AGRICULTURAL COOPERATIVES IN THE UNITED STATES: ROLES, DIFFICULTIES, AND PROSPECTS
Sanjib Bhuyan, F. Larry Leistritz, David W. Cobia

Paper Summary

Related papers

Business, Management and Accounting
8 years ago

Agricultural cooperatives key to reducing poverty and improving rural development worldwide.

Cooperative Governance
Business, Management and Accounting
4 years ago

Government intervention harming financial health of Indian cooperatives, study finds.

Cooperative Governance
Business, Management and Accounting
4 years ago

Agricultural cooperatives in China and Thailand revolutionize farmer livelihoods.

Cooperative Governance
1 view

Non-agricultural cooperatives in the US, like those providing housing and healthcare, play a vital role in the economy. A study of 162 such cooperatives found they serve nearly half a million members and have been around for over 30 years. Raising equity was a challenge during formation, while competition in their market area is a current issue. Balancing the interests of members is a major concern. Training and education for board members and staff are crucial for success.