Table of Contents

The Elgar Companion to Social Economics, Second Edition

The Elgar Companion to Social Economics, Second Edition

Edited by John B. Davis and Wilfred Dolfsma

Social economics is a dynamic and growing field that emphasizes the key roles social values play in the economy and economic life. This second edition of the Elgar Companion to Social Economics revises all chapters from the first edition, and adds important new chapters to reflect the expansion and development of social economics. The expert contributions explain a wide range of recent developments across different subject areas and topics in the field, mapping out possible directions of future social economic research. Social economics treats the economy and economics as embedded in a web of social and ethical relationships. It considers economics and ethics as essentially connected, and adds values such as justice, fairness, dignity, well-being, freedom, and equality to the standard emphasis on efficiency. This book will be a leading resource and guide to social economics for many years to come.

Chapter 23: Community-oriented versus market-oriented cooperative organizations in developing countries: is open membership an indicator for success or failure?

Clemens Lutz

Subjects: business and management, business ethics and trust, economics and finance, institutional economics, methodology of economics, public sector economics, social policy and sociology, economics of social policy

Extract

In this contribution we discuss the importance of cooperative structures for economic development in rural areas in developing countries. In particular, the rural poor face the consequences of market and government failures (Markelova et al., 2009). Collective action is seen as one of the instruments to improve the access of the poor to all kinds of club goods and even local public goods. It is also seen as an instrument to strengthen the market position of smallholders. Cooperatives are well known all over the world. In the developed economies they still play a major role in agriculture. ‘In the European Union there are some 30,000 agricultural cooperatives with 9 million members, accounting for 50% of the overall market for inputs and 60% of the market for products’ (Mercoiret et al., 2006, p. 6). Advocates stress the importance of these organizations to give the poor access to goods and services and see it as an instrument for development. At the same time many difficulties are observed and a substantial number of scholars prefer free market mechanisms, and focus their attention on redressing market failures and the institutional environment (World Bank, 2007; Barham and Chitemi, 2009). Despite efforts to reduce market and government failures, the problems persist in many countries and, in particular, in rural areas.

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