10.1 Cooperatives: Local Businesses, Global Laws

The International Labour Organization (ILO) Promotion of Cooperatives Recommendation, 2002 (No. 193) defines a cooperative as being “an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise” (Paragraph 2). This is how cooperatives (also known as ‘co-operative s…