TABLE OF CONTENTS
CHAPTER OONE
CHAPTER TWO
CHAPTER THREE
CHAPTER FOUR
CHAPTER FIVE
BIBLIOGRAPHY.
CHAPTER ONE
INTERNATIONAL CO-OPERATIVE ALLIANCE REGIONAL OFFICE FOR ASIA AND THE PACIFIC .
The major thrust of this chapter x-rayed the emergence of todays’ co-operative.
Principles. The international co-operative alliance (ICA) came into being in 1895 in London, England. The ICA roap is the regional office for Acia and the pacific of international co-operative Alliance (ICA) the world body of all co-operative with its head office in Geneva founded in London on 13 August 1895. I C A is a member – based organization with national and international co-operative organizations in over 102 countries. It serves more than 241 member organizations, including five international organizations, representing well over 780 million individual members around the world.
Besides the head office in Geneva, Switzerland, there are five regional offices vis:
The I C A enjoys category – 1 consultative status with the united Nations Economic and social council (UNECOSOC) and has active working relations with UN and other international organizations.
The I C A Regional for Asia and the pacific (ICA ROAP) is also located in New Delhire India, serves 54 national level organizations from 22 countries and one international organization Asian Confederation of Credit Unions (ACCU), representing over 48 million individual members of co-operatives in Asia pacific region. It is the apex body charged with co-operative development. Over time, I C A came to realize the inadequacies of the Rochadale co-operative principles.
Many factors gave rise to I C A revisiting the Rochdale principles. Over the years, all co-operatives the world ever adopted these principles just to be recognized as co-operatives. With the passage of time practitioners recognized that these Rochdale principles were grossly inadequate to all types of co-operatives.
Many reasons accounted for this. They include:
Hence, the introduction of the modern trends in the co-operative principles otherwise known as the International Co-operative Alliance principles. In 1966, the International co-operative Alliance produced its own principles of co-operation and continued updating them from time to time. The statement on co-operative identity was adopted at the 1995 General Assembly of the International Co-operative Alliance held in Manchester on the occasion of the Alliance’s centenary.
International Co-operative Alliance (I C A)
Meaning: This is the highest Co-operative body world-wild. It is not only an international organization but a non-governmental organization whose foundation it is to unit, represent and serve co-operatives world-wide.
According to Dr. Onuoha (1986) the history of the listing of co-operative principles fall into two major periods. The first period is from 1840’s to as late as the 1960’s. during this period co-operators all over the world only ascertained what they recognized as Rochdale principles and accepted them as co-operative “commandments”. Since the Rochdale principles contributed to the success of the pioneers, they must be observed. Major thrust of this chapter is to X-tray the emergence of todays’ co-operative principles. The International Co-operative Alliance (I C A) came into being in 1895 in London, England. It is the apex body charged with co-operative development. Over time, I C A came to realize the inadequacies of the Rochdale co-operative principles.
These principles were received world over as the co-operative Alliance until in 1966 when the International Co-operative Alliance at a congress held in Vienna, Austria, first questioned the validity of the principles. In 1966, the International Co-operative Alliance produced its own principles of co-operative and continued updating them from time to time.
We appreciate IFRIC Draft Interpretation D8 on members share in co-operative Entities.
We support this interpretation as an interim method. However, final interpretation should be so formulated that it is based on nature purpose and principles of co-operative entity.
We suggest these subjective in view while formulating the final interpretation:
The International Co-operative Alliance statement on the co-operative identity.
In 1966 the international co-operative alliance produced its own principles of co-operation and it continues updating them from time to time. The statement on co-operative identity was adopted at the 1995 general Assembly of the International co-operative alliance held in Manchester on the occasion of the Alliances’s Centenary. The statement problem was the product of a lengthy process of consultation involving thousands of co-operators around the world.
A Co-operative is an autonomous Association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. The International Co-operative Alliance (I C A) defined as an umbrella organization that promote co-operative all over the world.
The I C A was founded in London on 23rd August, 1895. it is an association of National Union of co-operatives societies which seek to promote a non-profit system of production and trade organization in the interest of the whole community and based upon voluntary and mutual self-help.
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