As countries, regions and cities manage ageing populations, economic disparities, social exclusion and environmental pressures, the social economy offers innovative solutions that blend economic activity with social impact. Comprising co-operatives, associations, mutual societies, foundations and social enterprises, the social economy can support competitiveness, resilience and sustainable development. A recent Eurobarometer survey notes that three out of four Europeans recognise its importance for the well-being of society in their country. Better policy framework conditions and sector-specific guidance can help maximise the social economy’s impact.
This report, Social Economy in Europe: Contributing to Competitiveness and Prosperity, explores how social economy entities advance economic, social and environmental objectives. It includes in-depth chapters on the care and housing sectors, highlighting opportunities to enhance service delivery through the social economy. It also identifies the main challenges and policy options to help overcome barriers. It examines the institutional arrangements across levels of government, taxation policies and business support mechanisms that facilitate the success of the social economy. Drawing on evidence, consultations and best practices, the report offers actionable recommendations for policymakers, practitioners and stakeholders committed to strengthening the social economy. Country notes for EU Member States provide a more in-depth look at the social economy across Europe.
The report builds on a large body of OECD and EU work on the social economy, as well as of many communities of practice. This includes prior reports on legal frameworks and social enterprise development, country-specific social economy and social entrepreneurship reviews, and new data. Other sources include consultations and surveys of stakeholders such as the European Commission Expert Group on the Social Economy and Social Enterprises (GECES), the OECD informal expert group on the social economy and social innovation, the European Network of Cities and Regions for the Social Economy (REVES), Eurocities and the European Committee of the Regions (CoR).
This report was developed by the Centre for Entrepreneurship, SMEs, Regions and Cities (CFE), as part of the Programme of Work of the OECD Local Employment and Economic Development (LEED) Programme, jointly with the European Commission. It benefited from funding from the European Union.