Economic Effects of the Cooperatives Development

Abstract

Over the last years, we can observe a growing interest in co-operatives and the real economic dimensions of co-operatives worldwide are increasing. International cooperative movement represents today an incontestable force. We can see that co-operatives contribute to the economic and social dynamism, also they are key competitive players in a wide range of economic areas. Co-operatives proved their efficiency in times of economic crisis, especially by their contribution to economic and financial stability and the maintenance of employment and job creation. For this reason, the aim of this article is to present the evolution, economic dimension and economic effects for cooperatives development.