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The Role of Cooperative Societies in Economic Development

Author

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  • Ahmad Bello, Dogarawa

Abstract

This paper examines the role of cooperative societies in economic development. The aim is to investigate the ways in which cooperatives can act as agents towards sustainable community development. The paper is a descriptive survey, which involves the collection of data for the purpose of describing the role of cooperative societies in economic development. The paper posits that for over 160 years now cooperatives have been an effective way for people to exert control over their economic livelihoods as they play an increasingly important role in facilitating job creation, economic growth and social development. The paper concludes that to be effective and successful, cooperatives must continuously achieve two inter-related goals: enhance viability and improve ability to service its members; and remain an economically viable, innovative and competitive enterprise.

Suggested Citation

  • Ahmad Bello, Dogarawa, 2005. "The Role of Cooperative Societies in Economic Development," MPRA Paper 23161, University Library of Munich, Germany, revised 2005.
    • Handle: RePEc:pra:mprapa:23161
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    File URL: https://mpra.ub.uni-muenchen.de/23161/1/MPRA_paper_23161.pdf
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    References listed on IDEAS

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    1. Gertler, Michael E., 2001. "Rural Co-Operatives And Sustainable Development," Miscellaneous Publications 31775, University of Saskatchewan, Centre for the Study of Co-operatives.
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    Cited by:

    1. Andrei-Mirel Florea & Florentin Bercu & Riana Iren Radu & Silvius Stanciu, 2019. "A Fuzzy Set Qualitative Comparative Analysis (fsQCA) of the Agricultural Cooperatives from South East Region of Romania," Sustainability, MDPI, vol. 11(21), pages 1-18, October.

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    More about this item

    Keywords

    Cooperatives; Economic Development;

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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