EVOLUTION AND STRUCTURE OF AGRICULTURAL COOPERATIVES IN ROMANIA

Elisabeta Roșu () and Monica Tudor
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Elisabeta Roșu: Institute of Agricultural Economics, Romanian Academy, Bucharest

Agricultural Economics and Rural Development, 2022, vol. 19, issue 1, 141-151

Abstract: The organization of farmers into agricultural cooperatives opens up new economic development opportunities by attracting local, zonal or regional advantages and using collective power in order to increase the prosperity of members, their families and communities they are part of. The present study is intended to be an analysis of farmers’ agricultural cooperatives, starting from a brief foray into the literature, continuing with a review of the legislative facilities that emerged after almost 20 years from the Romanian revolution of December 1989, ending up with a mostly accurate picture of the current situation, based on official data for the period 2018–2020. The results of the study reveal that at the end of the three years under investigation, less than half of total functional cooperatives submitted balance sheets, which means that only these cooperatives carried out an economic activity and less than half of these cooperatives that submitted balance sheet had profit.

Keywords: agricultural cooperatives; economic development. (search for similar items in EconPapers)
JEL-codes: Q01 Q13 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:19:y:2022:i:1:p:141-151

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