Comment and analysis

2013

1. 

   Banking crisis

   Financial cooperatives: A safe bet in a crisis

   12 April 2013

   A new ILO book says that financial cooperatives fared better than the big investor-owned banks during the economic crisis.

2012

1. 

   Banking co-ops

   What financial cooperatives can teach the big banks

   05 November 2012

   The success of financial cooperatives during the global financial crisis shows there is a credible alternative to the investment-owned banking system.

2. 

   Social finance

   Giving banks a good name

   19 September 2012

   Is it possible for banks to devote themselves to the financial welfare of workers and still survive financial crises? The ILO looks at the Rokin Bank, a union-led cooperative in Japan.

3. 

   Article

   Cooperatives show the way out of the crisis

   04 July 2012

   Cooperatives have been more resilient to the global economic and jobs crisis than other sectors. The UN International Day of Cooperatives, which takes place this year on 7 July, offers a chance for cooperatives to reassert their position in the world economy. ILO News interviews Simel Esim, Chief of the ILO’s Cooperative Branch.