New strategies for mobilizing capital in agricultural cooperatives

dc.creatorJ.D. Von Pischke & John G. Rouse
dc.date2024-12-28T19:25:28Z
dc.date2024-12-28T19:25:28Z
dc.date2004
dc.date2018-01-04T07:23:11Z
dc.date.accessioned2026-06-28T00:44:51Z
dc.descriptionCapital accumulation in cooperatives is often difficult. It is shaped, and to some extent constrained, by a unique set of principles that define the cooperative identity and set it apart from other businesses. While its egalitarian rule of "one member, one vote" and its anti-profiteering precept of "limited return on capital" make the cooperative form of business appealing to a broad audience, these features can create genuine problems in mobilizing capital for growth. Despite this, cooperat ives in many developed countries have found innovative ways to mobilize capital from their members, while retaining important elements of their cooperative identity. Unfortunately, efforts to mobilize member capital have been less successful in developing countries where conditions are less favourable. This is particularly true for agricultural service cooperatives, which were often established by newly independent governments to meet nation-building goals and therefore relied on government support and subsidies. New donor and government priorities, plus changed global conditions have led to "downsized" government budgets and to liberalized markets. Subsidies for agricultural cooperatives are fast disappearing. To survive and grow in an increasingly competitive business climate, cooperatives must raise more capital from their members and also possibly from commercial sources. The aim of this booklet is to highlight some of the issues that cooperative leaders must confront in meet ing this challenge and to provide suggestions about how capital, especially member capital, can be mobilized in more effective ways.
dc.format57
dc.formatapplication/pdf
dc.formattext/html
dc.identifierhttps://openknowledge.fao.org/handle/20.500.14283/y5469e
dc.identifierhttp://www.fao.org/3/a-y5469e.pdf
dc.identifier.urihttp://hdl.handle.net/123456789/317717
dc.languageEnglish
dc.rightsFAO
dc.titleNew strategies for mobilizing capital in agricultural cooperatives
dc.titleNew strategies for mobilizing capital in agricultural cooperatives
dc.typeBook (stand-alone)

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