SOCIAL AND SOLIDARITY ECONOMY: PRINCIPLES AND CONTRIBUTIONS TO SUSTAINABLE DEVELOPMENT AND SOCIAL INCLUSION

Tatiana Bucos ()
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Tatiana Bucos: Academy of Economic Studies of Moldova, Republic of Moldova

European Journal of Accounting, Finance & Business, 2024, vol. 12, issue 3, 114-127

Abstract: The Social and Solidarity Economy (SSE) offers an innovative framework for addressing global challenges related to sustainable development and social inclusion. By integrating principles of equity, solidarity, participatory governance, and sustainability, the SSE provides a viable alternative to traditional economic models. It aims to empower marginalized communities and foster systemic change through innovative and inclusive approaches. This article examines the core principles and operational frameworks of the SSE, emphasizing its significant role in advancing Sustainable Development Goals (SDGs). The methodology used includes a conceptual analysis and an assessment of the operational frameworks supporting the development of the SSE, with a focus on legislative measures, institutional support and social entrepreneurship. The analysis shows that they relate on the importance of robust ecosystems in supporting SSE initiatives, focusing on key factors such as tailored legislative measures, institutional support, and entrepreneurial activity. Raising public awareness about social entrepreneurship is also identified as a critical element for fostering a cultural shift that enhances the sector's reach and impact. The study concludes that the successful implementation and scalability of SSE initiatives depend on sustained policy support, innovative practices, and mobilizing entrepreneurial efforts. By aligning social, economic, and environmental objectives, the SSE emerges as a transformative model capable of driving sustainability and inclusivity. Its capacity to address systemic challenges positions the SSE as a key contributor to building equitable and resilient societies.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:scm:ejafbu:v:12:y:2024:i:3:p:114-127

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