LEED Programme (Local Economic and Employment Development)

Conference on Financing Local Development: Understanding the Role of Mutual Credit and Co-Operative Banks, Paris, France, 23 November 2007

 

"Financing Local Development:

Understanding the Role of Mutual Credit and Co-Operative Banks"

 

International Conference

Jointly organised the OECD LEED Programme, in partnership with the Inter-ministerial Delegation for Innovation, Social Experimentation and Social Economy, the National Co-operation Group and with the co-operation of the Eurogroup Institute

 

Paris 23 November 2007

 

Background | Agenda | Presentations | Report

 

Background

Financing local development is not simply a question of finding the public money required to invest in a local productive base, or wider economic development opportunities. How local development is financed plays a key part in defining what the goals of local development may be, and the extent to which the outcomes will be sustainable in both financial and economic terms. Financing local development involves both public and private finance, including philanthropic financing, and the mix of these varies very broadly throughout OECD Member Countries.

It also concerns multiple actors and the banking sector is one of these. The mutual benefit and credit co-operative sector represents an important part of the banking sector but its contribution to the funding of local development has not yet been studied sufficiently. If, as a general rule, an area’s economic development is influenced by the actions and strategies of the banks operating there, certain of them, such as the mutual benefit and co-operative banks, have a specific vocation to support local development as this corresponds to their statutory mission.

The conference aimed to highlight the co-operative sector contribution to economic development by means of analysing its identifying characteristics, its territorial service mission, the differences between this sector and that of commercial credit, its relationship between alternative and philanthropic funding (finances solidaires). It also strived to pose questions on the validity of the co-operative credit model compared with other existing models in the banking sector, as well as on the challenges which the sector must face to find a balance between economic efficiency and its social mission, and between its dimension of proximity and its position on the international markets.

 

Agenda

Click here to download the draft conference agenda

 

Presentations

Global 300
Garry Cronan, Director of Communication, International Co-operative Alliance, Switzerland

Funding local development: an evolving landscape
Greg Clark, Advisor, City and Regional Development,
Department of Communities and Local Government, United Kingdom, and
Chair of the LEED Forum on Development Agencies and Investment Strategies

Co-operative banks and their capacity for territorial innovation
Nadine Richez Battesti, Senior Lecturer, Université de la Mediterranée, Aix-Marseille II, France

 

Report

Download the summary report on "Financing Local Development: Understanding the Role of Mutual Credit and Co-operative Banks"

 

 

 

 

Countries list

  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Cayman Islands
  • Central African Republic
  • Chad
  • Chile
  • China (People’s Republic of)
  • Chinese Taipei
  • Colombia
  • Comoros
  • Congo
  • Cook Islands
  • Costa Rica
  • Croatia
  • Cuba
  • Cyprus
  • Czech Republic
  • Côte d'Ivoire
  • Democratic People's Republic of Korea
  • Democratic Republic of the Congo
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Ethiopia
  • European Union
  • Faeroe Islands
  • Fiji
  • Finland
  • Former Yugoslav Republic of Macedonia (FYROM)
  • France
  • French Guiana
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Greenland
  • Grenada
  • Guatemala
  • Guernsey
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong, China
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iraq
  • Ireland
  • Islamic Republic of Iran
  • Isle of Man
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Korea
  • Kuwait
  • Kyrgyzstan
  • Lao People's Democratic Republic
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao (China)
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Mauritania
  • Mauritius
  • Mayotte
  • Mexico
  • Micronesia (Federated States of)
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nauru
  • Nepal
  • Netherlands
  • Netherlands Antilles
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Niue
  • Norway
  • Oman
  • Pakistan
  • Palau
  • Palestinian Administered Areas
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Romania
  • Russian Federation
  • Rwanda
  • Saint Helena
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Sao Tome and Principe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Serbia and Montenegro (pre-June 2006)
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovak Republic
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Sudan
  • Spain
  • Sri Lanka
  • Sudan
  • Suriname
  • Swaziland
  • Sweden
  • Switzerland
  • Syrian Arab Republic
  • Tajikistan
  • Tanzania
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Turks and Caicos Islands
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States
  • United States Virgin Islands
  • Uruguay
  • Uzbekistan
  • Vanuatu
  • Venezuela
  • Vietnam
  • Virgin Islands (UK)
  • Wallis and Futuna Islands
  • Western Sahara
  • Yemen
  • Zambia
  • Zimbabwe