“Co-operatives have the scale to contribute in a much greater way to that diversification. Even today, the Global300 Report produced by the ICA shows that the 300 largest co-operatives in the world have a combined annual turnover of USD 1.6 trillion, equivalent to the GDP of many large countries. They provide over 100 million jobs worldwide. In Brazil, Russia, India and Africa, some 15% of the population is a member-owner of a co-operative, compared to less than 4% who are shareholders. In Kenya, co-operatives contribute 45% of GDP, while in New Zealand, they contribute 22%. In the United States, 30,000 co-operatives employ two million people, with the largest regularly appearing on Fortune’s ‘100 best places to work’ list.”
Chuck Gould – Director-General of the International Co-operative Alliance
Read the full ICA statement for the 90th ICA International Co-operative Day in English, French and Spanish.
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