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Socio-economic impact of
cooperatives and mutuals


                   Michel Lafleur, Professor
                                Director of IRECUS

            Anne-Marie Merrien, Researcher
                      Research Coordinator, IRECUS
                                IRECUS – UdeS | 0
The study… a few numbers

- More than 300 of the largest
  cooperatives and mutuals
- 26 countries in the world
- More than 30 studies consulted
- More than 30 collaborators on 3 continents
- 15 indicators
- 1 year of research
                                     IRECUS – UdeS | 1
Socio-economic impact : the conclusions


                     Stability and
                      régulation




                                        Equitable
     Diversity and
                                     access to goods
       inclusion
                                      and services



                                                IRECUS – UdeS | 2
Economic, social and political
    stability and regulation

1 Number of members and employees

  2 Survival rate of cooperatives

   3 Reserves

   4 Response to crises

  5 Impact on the market

6 Exemplary employers
                                     IRECUS – UdeS | 3
Economic, social and political stability
  and regulation

   Examples:
   - 4 cooperatives are in the top10 of the largest dairy
     transformation businesses (Rabobank);
   - According to the Associated Press, their news content is
     seen by half the world's population on any given day;
   - Funeral cooperatives in Québec are responsible of reducing
     by half the cost of funerals ceremonies.


5 Impact on the market
    Significant market shares
     and leadership                                     IRECUS – UdeS | 4
The influence of cooperative identity


                    Humanist school
                      Stability and
                           of
                       régulation
                    entrepreneurship




                                      Equitable
    Diversity and
                                   access to goods
      inclusion
                                    and services



                                              IRECUS – UdeS | 5
Promotion of equitable access
        to goods and services

1   Business sector related to fundamental needs

    2    Unique, adapted and extended service offer

    3     Intercooperation

    4    Concern for community

5   Revenues
                                             IRECUS – UdeS | 6
Promotion of equitable access
    to goods and services

     9th largest economy in the world
       - Total revenues: $1,926 billion
       - Reserves: $867.5 billion (total Global 300)
         Sustainable development and capitalization
         practice
       - Patronages: $66.4 billion (total Global 300)


5   Revenues
                                                  IRECUS – UdeS | 7
The influence of cooperative identity


                    Humanist school
                      Stabilité et
                           of
                      régulation
                    entrepreneurship




                                      Equitable
                                      School of
    Diversity and
                                   access to goods
                                    solidarity and
      inclusion
                                     and services
                                        equity



                                              IRECUS – UdeS | 8
Promotion of economic, social and
    political diversity and inclusion


1       Democratic force


    2     Citizenship education


    3     Promotion of cultural identity


4       Plural economy and innovation

                                           IRECUS – UdeS | 9
Promotion of economic, social and political
    diversity and inclusion


1   Democratic force

      Largest democracy in the world
     - 725 million people are at the same time users and
       owners of the Global 300 and can participate in the
       decision-making process;
     - Annual or semi-annual general
       meetings, boards, committees, consultations, worksho
       ps.
                                               IRECUS – UdeS | 10
The influence of cooperative identity


                    Humanist school
                      Stabilité et
                           of
                      régulation
                    entrepreneurship




                                         School of
     Diversity of
       School and
    democracy and                      solidarity and
       inclusion
    empowerment                            equity



                                                IRECUS – UdeS | 11
"[…] because too often, we observe to which extent a social
                  movement cease being a movement when it cuts the umbilical cord
                  with its utopias, dreams or even illusions."
Georges Fauquet
  (1873-1953)




          From yesterday…                                 … to today
                                                               Stability and
                                                                regulation




                                               Diversity and                     Equitable access
                                                                                  to goods and
                                                 inclusion                           services




                     … and tomorrow?                                           IRECUS – UdeS | 12
AND TOMORROW…
WHY?
To put human, its dignity and fulfillment, first and at the center
of the project. To pursue economic and social changes within a
peaceful dynamic.
HOW?
• Education and recognition
   – Which duties for cooperatives and mutuals?
   – Which duties for political institutions?
   – Which duties for educational institutions?
• Intercooperation
   – Imagine if coops and mutuals were doing even more business together…
   – How to cooperate and internationalize, while respecting diversity and
     cooperative identity?
• A humanist school of entrepreneurship
   – How to acknowledge and develop cooperative
     management practices?                                IRECUS – UdeS | 13
Merci!

www.USherbrooke.ca/irecus
                        IRECUS – UdeS | 14

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Michel lafleur en

  • 1. Socio-economic impact of cooperatives and mutuals Michel Lafleur, Professor Director of IRECUS Anne-Marie Merrien, Researcher Research Coordinator, IRECUS IRECUS – UdeS | 0
  • 2. The study… a few numbers - More than 300 of the largest cooperatives and mutuals - 26 countries in the world - More than 30 studies consulted - More than 30 collaborators on 3 continents - 15 indicators - 1 year of research IRECUS – UdeS | 1
  • 3. Socio-economic impact : the conclusions Stability and régulation Equitable Diversity and access to goods inclusion and services IRECUS – UdeS | 2
  • 4. Economic, social and political stability and regulation 1 Number of members and employees 2 Survival rate of cooperatives 3 Reserves 4 Response to crises 5 Impact on the market 6 Exemplary employers IRECUS – UdeS | 3
  • 5. Economic, social and political stability and regulation Examples: - 4 cooperatives are in the top10 of the largest dairy transformation businesses (Rabobank); - According to the Associated Press, their news content is seen by half the world's population on any given day; - Funeral cooperatives in Québec are responsible of reducing by half the cost of funerals ceremonies. 5 Impact on the market  Significant market shares and leadership IRECUS – UdeS | 4
  • 6. The influence of cooperative identity Humanist school Stability and of régulation entrepreneurship Equitable Diversity and access to goods inclusion and services IRECUS – UdeS | 5
  • 7. Promotion of equitable access to goods and services 1 Business sector related to fundamental needs 2 Unique, adapted and extended service offer 3 Intercooperation 4 Concern for community 5 Revenues IRECUS – UdeS | 6
  • 8. Promotion of equitable access to goods and services  9th largest economy in the world - Total revenues: $1,926 billion - Reserves: $867.5 billion (total Global 300) Sustainable development and capitalization practice - Patronages: $66.4 billion (total Global 300) 5 Revenues IRECUS – UdeS | 7
  • 9. The influence of cooperative identity Humanist school Stabilité et of régulation entrepreneurship Equitable School of Diversity and access to goods solidarity and inclusion and services equity IRECUS – UdeS | 8
  • 10. Promotion of economic, social and political diversity and inclusion 1 Democratic force 2 Citizenship education 3 Promotion of cultural identity 4 Plural economy and innovation IRECUS – UdeS | 9
  • 11. Promotion of economic, social and political diversity and inclusion 1 Democratic force  Largest democracy in the world - 725 million people are at the same time users and owners of the Global 300 and can participate in the decision-making process; - Annual or semi-annual general meetings, boards, committees, consultations, worksho ps. IRECUS – UdeS | 10
  • 12. The influence of cooperative identity Humanist school Stabilité et of régulation entrepreneurship School of Diversity of School and democracy and solidarity and inclusion empowerment equity IRECUS – UdeS | 11
  • 13. "[…] because too often, we observe to which extent a social movement cease being a movement when it cuts the umbilical cord with its utopias, dreams or even illusions." Georges Fauquet (1873-1953) From yesterday… … to today Stability and regulation Diversity and Equitable access to goods and inclusion services … and tomorrow? IRECUS – UdeS | 12
  • 14. AND TOMORROW… WHY? To put human, its dignity and fulfillment, first and at the center of the project. To pursue economic and social changes within a peaceful dynamic. HOW? • Education and recognition – Which duties for cooperatives and mutuals? – Which duties for political institutions? – Which duties for educational institutions? • Intercooperation – Imagine if coops and mutuals were doing even more business together… – How to cooperate and internationalize, while respecting diversity and cooperative identity? • A humanist school of entrepreneurship – How to acknowledge and develop cooperative management practices? IRECUS – UdeS | 13
  • 15. Merci! www.USherbrooke.ca/irecus IRECUS – UdeS | 14