Cooperative, Human Capital and Poverty: A Theoretical Framework Cover Image

Cooperative, Human Capital and Poverty: A Theoretical Framework
Cooperative, Human Capital and Poverty: A Theoretical Framework

Author(s): Augendra Bhukuth, Adil Roumane, Bernard Terrany
Subject(s): Business Economy / Management, Agriculture, Civil Society, International relations/trade
Published by: Fundacja Centrum Badań Socjologicznych
Keywords: Cooperative; Human Capital; Poverty; Social Capital; Empowerment;

Summary/Abstract: In this article we investigate a simple theoretical model of cooperative organisations which are capable of enhancing its members’ human capital through efficient management of all their abilities. Thus, increased human capital has impact on the household’s wealth and consumption. Cooperatives can help alleviate poverty in developing countries. However, the model shows that cooperatives cannot increase the number of their members infinitely. They are constrained by managing capacity and the free-rider problem. Also, efficient cooperative is limited by its size.

  • Issue Year: 11/2018
  • Issue No: 2
  • Page Range: 11-18
  • Page Count: 8
  • Language: English