<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Cooperatives are gaining an increasingly important role in socio-economic development in both developed and developing countries. The article examines the specificity of these organizations. Their main characteristics, similarities and differences with other comparable organizational forms are studied as well. Special emphasis is placed on social cooperatives and their contribution to the social and economic environment. In the last decade, the role of social cooperatives has grown as an alternative solution to social problems of vulnerable groups which the state cannot address effectively due to lack of public resources. A brief comparative analysis of the activities of cooperatives in Bulgaria and Germany has been made, as both countries have long traditions in cooperative movement. The benefits to the national economy are discussed and a new focus for their activities relevant to contemporary economic realities is proposed.</p>
</abstract>

Cooperatives are gaining an increasingly important role in socio-economic development in both developed and developing countries. The article examines the specificity of these organizations. Their main characteristics, similarities and differences with other comparable organizational forms are studied as well. Special emphasis is placed on social cooperatives and their contribution to the social and economic environment. In the last decade, the role of social cooperatives has grown as an alternative solution to social problems of vulnerable groups which the state cannot address effectively due to lack of public resources. A brief comparative analysis of the activities of cooperatives in Bulgaria and Germany has been made, as both countries have long traditions in cooperative movement. The benefits to the national economy are discussed and a new focus for their activities relevant to contemporary economic realities is proposed.

Social Cooperatives – a Tool for a Prosperous National Economy

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Social Cooperatives \u2013 a Tool for a Prosperous National Economy"}

Cooperatives are gaining an increasingly important role in socio-economic development in both developed and developing countries. The article examines the...

Social Cooperatives – a Tool for a Prosperous National Economy

Publicado en línea: 03 jul 2024

Páginas: 1058 - 1073

DOI: https://doi.org/10.2478/picbe-2024-0092

Palabras clave
cooperatives, social, disadvantaged people, economic development, socio-economic environment

© 2024 Emil Mitov et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Social Cooperatives – a Tool for a Prosperous National Economy

Publicado en línea: 03 jul 2024

Páginas: 1058 - 1073

DOI: https://doi.org/10.2478/picbe-2024-0092

Palabras clavecooperatives, social, disadvantaged people, economic development, socio-economic environment

© 2024 Emil Mitov et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Palabras clave
cooperatives, social, disadvantaged people, economic development, socio-economic environment