Review article
https://doi.org/10.5673/sip.57.2.1
Microcosmos of Cooperative Economics: Where and How do the Croatian Cooperatives Operate
Tanja Broz
orcid.org/0000-0001-5329-002X
; Institute of Economics, Zagreb, Croatia
Sandra Švaljek
orcid.org/0000-0002-1220-2385
; Croatian National Bank, Zagreb, Croatia
Abstract
The goal of this paper is to analyse cooperative economics in Croatia in order to determine
its presence, financial performance, and indicate the problems that might be mitigated by a
more active engagement with this sector. The analysis revealed that this segment of the Croatian
economy is far less developed than it would objectively be possible. Cooperatives cover
a very small part of the Croatian economy and have, on average, inferior financial indicators
when compared to the rest of the economy. However, since cooperatives may increase the
efficiency of the members’ businesses, there is a large unexploited economic potential, which
consists of the individual entrepreneurs’ possibility to jointly constitute a cooperative.
Keywords
cooperatives; cooperative economy; regional distribution; financial indicators
Hrčak ID:
223121
URI
Publication date:
22.7.2019.
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