The Co-opreative News has reported news about a study by the International Labour Organization called Resilience in a downturn: The power of financial cooperatives. You can download find the report on the Co-operatives shelf of of online library or read it now below.
Resilience in a Downturn – The Power of Financial Cooperatives
[…] Studies have shown that it’s turnover is extremely counter-cyclical, adding to the resilience and stability of the Swiss Economy. They are a great long-term example of how financial co-operatives prove to be more resilient in times of crisis. […]