|Title||Developing Worker Cooperatives as a Rural Development Strategy|
|Publication Type||Journal Article|
|Year of Publication||1991|
Since the mid 1970s interest in worker cooperatives and other forms of employee ownership as part of a local economic development strategy has grown in North America and Europe. This paper first discusses the theoretical reasons for supporting cooperative development in rural areas and conditions for success and failure. It then examines empirical evidence of the economic development impact from case research of worker cooperatives and discusses implications for accelerating cooperative development in rural areas through public policy.