Cooperatives around the world

ILO COOP : Revisiting ILO Recommendation 127 of 1966


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ILO Recommendation 127 - Co-operatives (Developing Countries) Recommendation, 1966 (No. 127)", outlines the International Labour Organisation's recommendations egarding the establishment and growth of co-operatives in developing nations. It emphasizes that these co-operativesare vital tools for economic, social, and cultural advancement, particularly for individuals with limited resources. The text further details policy objectives, implementation methods including legislation, education, training, and financial/administrative aid, alongside guidelines for supervision and international collaboration. Ultimately, it proposes various ways co-operatives can addressspecific challenges within developing countries, such as agrarian reform and improving the quality of lifefor beneficiaries.

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Cooperatives around the worldBy Cooperator Hong