Credit co-operatives in the social market economy as illustrated by the co-operative banking sector in Poland
Journal Title: Zeszyty Naukowe Wyższej Szkoły Bankowej w Poznaniu - Year 2015, Vol 62, Issue 5
Abstract
This paper aims to provide a comparative analysis of the principles of the social market economy and co-operative principles, and also to identify the role served by co-operative banks in Poland in the process of promoting and implementing social market economy principles at the local level. The paper describes the reasons for the establishment of credit co-operatives and their defining features; it analyses the relationship between credit co-operatives as institutions and the social market economy model, and indicates the possibility of an active role of co-operative banks in the implementation of the social market economy concept. The social market economy concept creates the conditions for promoting and developing a stable credit co-operatives sector, while the co-operative movement supports the execution of the ultimate goals of the social market economy.
Authors and Affiliations
Ewa Kulinska, Jan Szambelanczyk
Keywords
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