By David Bicknell
There is a growing call from the mutuals and co-operatives sector for the business environment to be made friendlier to enable them to thrive.
That message has now made it to the United Nations, where Dame Pauline Green, President of the International Co-operative Alliance, called for nations to take co-operatives much more seriously.
As Co-Operative News reports, Dame Pauline said, “..member-owned co-operatives are a serious business model – with scale. And so, co-operatives are asking that the specific and unique legal and financial framework of a co-operative is fully acknowledged and recognised in public policy and regulation.”
“Co-operatives are asking that there should be a greater diversification of the global economy, to ensure a level playing field for the member-owned model of business.”
Dame Pauline said the sector’s “commitment to our democratic and social agenda is built on a sound and successful member-owned business model” that means operatives can compete successfully in the marketplace with other forms of business.