INSEAD Library

Includes bibliographical references and index and glossary

Digitized

The Social Economy Building Inclusive Economies Table of Contents Foreword........................................................................................................................ 3 Executive Summary.......................................................................................................9 Chapter 1. Social Economy Organisations in the Theory of the Firm................... 23 Introduction................................................................................................................ 25 A definition of the field.............................................................................................. 27 Roles and evolution of social economy organisations............................................... 31 The functioning of social economy organisations...................................................... 34 The social economy and the evolution of the economic theory of the firm............... 36 Social economy organisations and the relevance of not-self interested motivations............................................................................................................ 42 Toward a new explanation of social economy organisations..................................... 44 Social economy organisations and economic development....................................... 49 Conclusion.................................................................................................................. 50 Annex 1. A brief resume of the Hansmann model..................................................... 52 Bibliography............................................................................................................... 53 Chapter 2. The Social Economy in the New Political Economic Context.............. 61 Introduction: The "new political economic context"................................................. 62 Some markers for conditions in contemporary Europe.............................................. 63 Neo-Liberalism and growing pressures on the European social model..................... 66 Where stands the social economy?............................................................................. 67 The social economy: an identifiable source of value-added for new times............... 72 The social economy as a provider of insertion jobs................................................... 75 The social economy as service gap-filler and a device to "prospect for new jobs"........................................................................................................................ 77 Conclusion: seeking a sustainable future for the social economy.............................. 80 Bibliography............................................................................................................... 86 Chapter 3. The Role of the Social Economy in Local Development....................... 91 Introduction................................................................................................................ 92 Internalising external effects...................................................................................... 97 Eliminating asymmetrical information..................................................................... 104 Preventing moral hazard: social capital as an endogenous resource......................111 Conclusion: scaling up the social economy for local development........................114 Bibliography............................................................................................................116 Chapter 4. Social Enterprises, Institutional Capacity and Social Inclusion........119 Introduction.............................................................................................................120 Social enterprises, welfare networks, and social inclusion:................................... 122 Evaluating empowerment among Italian social co-operatives in Lombardia and Emilia Romagna...........................................................................................130 Conclusion: can empowerment be promoted?........................................................143 Annex 4. Summary of key measures for social efficacy........................................ 147 Bibliography............................................................................................................148 Chapter 5. The Social Economy: Diverse Approaches and Practices in Europe and Canada................................................................................................................ 155 Introduction.............................................................................................................156 Economy and solidarity: a European history..........................................................157 The variety of socio-economic experimentation in Canada................................... 165 Diversity of theoretical approaches........................................................................ 172 Conclusion.............................................................................................................. 179 Bibliography............................................................................................................182 Chapter 6. The Social Economy in Central East and South East Europe .......... 189 Introduction.............................................................................................................190 Social economy in Central East and South East Europe prior to the Second World War.......................................................................................................... 190 Long-term impact of communism on the social economy..................................... 191 The re-emergence of the social economy in Central East and South East Europe: the impact of transition......................................................................... 194 The evolving legal frameworks.............................................................................. 198 General overview of the social economy in the region.......................................... 203 Conclusion.............................................................................................................. 206 Bibliography............................................................................................................209 Chapter 7. A Supportive Financing Framework for Social Economy Organisations............................................................................................................. 211 Introduction.............................................................................................................212 Framework laws as a basic factor for sustainability...............................................213 Conclusion.............................................................................................................. 235 Bibliography............................................................................................................236 Notes on Contributors...............................................................................................239 Glossary......................................................................................................................245