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Workers’ Co-operatives: Challenges, Opportunities For Creating Jobs

Workers’ Co-operatives: Challenges, Opportunities For Creating Jobs

GENEVA – The economic contribution of co-operatives is often undervalued, if not completely ignored. But the reality is that the top 300 co-operatives workers’ worldwide have a turnover of more than US$ 1.9 trillion combined, which is more than the GDP of Italy. In Quebec, co-operatives are responding to the needs of the labor market […]

Financial Co-Operatives: Safe Bet In A Banking Crisis

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Financial Co-Operatives: Safe Bet In A Banking Crisis

ILO News– Financial co-operatives out-performed traditional investor-owned banks during the global financial crisis on almost every rating level, according to a new International Labour Organization  study. The study, titled Resilience in a downturn: The power of financial co-operatives, says customer-owned banks were much more stable and more efficient than the big traditional banks. “Financial co-operative” is […]

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E-Waste Recycling Turns First World Electronic Junk Into Third World Jobs

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E-Waste Recycling Turns First World Electronic Junk Into Third World Jobs

ILO News– There are few jobs to be had in the depressed Mexican town of Fronteras. So the “tough women” – as they are now known – have taken matters into their own hands, turning junk into a successful enterprise. Their co-operative near the US border is often cited as an example of determined entrepreneurship […]

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