Nobel laureate says: cooperatives are efficient and effective
The Nobel Prize in economics winner, Ellinor Ostrom, has a message in her research that is very relevant to the NGOforum09.
She says that her findings support that it is economically efficient for societies to arrange production in nor “private or state ownership”, rather that different forms of organisation that focus on local development, value based institutions. This is one way to describe cooperative societies, especially those that are not too big and still local.
See an extended commentary on the Ostrom research in The Economist
These issues will be discussed in workshop nr. 11 and 12 at the conference. Nr. 11 will discuss how social enterprising can be made accessible to more actors than today. Nr. will discuss how the financing can be arranged, that will allow more social enterprising.
