Multi-Stakeholder Cooperatives as A Solution to Improve Farmer's Welfare
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 07
Abstract
This research explores the concept and role of agricultural corporations based on multi-stakeholder cooperatives (MSC) in Indonesia. The research method used is library research or literature study, relying on various references to obtain research data. A qualitative approach is used because the data is in words or descriptions. The scientific work explains the concept of agricultural corporations and the role of MSC in improving the agricultural sector's efficiency, productivity, and sustainability. It discusses the implementation of MSC as an evolution of the cooperative model from traditional to modern, with farmers becoming both customers and owners, increasing the value of agricultural products and the welfare of members. Various studies have shown that MSCs in various countries have successfully supported the sustainability of the agricultural sector through stakeholder collaboration. While the MSC model offers excellent potential, challenges such as conflicts of interest and complex governance need to be overcome to achieve success. This research concludes that developing agricultural corporations through MSCs can strengthen the agricultural sector for food security and improve farmer welfare. MSC is the right choice for building an advanced and modern national agriculture system by combining various modalities from stakeholders to create long-term added value for all stakeholders.
Authors and Affiliations
Bahrul ulum Ilham
Keywords
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- EP ID EP741435
- DOI 10.47191/jefms/v7-i7-93
- Views 28
- Downloads 0
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