Why does the ILO promote cooperatives?
Hagen Henry: The ILO views cooperatives as important in improving the living and working conditions of women and men globally as well as making essential infrastructure and services available even in areas neglected by the state and investor-driven enterprises. Moreover, values that are at the heart of the cooperative movement are central to creating decent jobs. Cooperatives are close to a democratic, people-centred economy which cares for the environment, while promoting economic growth, social justice and fair globalization. Cooperatives play an increasingly important role in balancing economic, social and environmental concerns as well as in contributing to poverty prevention and reduction. (more…
