Birchall, Johnston. <br/><br/>
Resilience in a downturn:  the power of financial cooperatives / 
Johnston Birchall. 
 - Geneva :  International Labour Office,  2013. 
 - xiii, 58p. 
<br/><br/> The report examines financial cooperatives from their origins in Germany in the 1850s to the global movement of today. It reviews their performance, looking in particular at the aftermath of the 2007-2008 crisis and the continuing austerity period. It explains why they have proven to be resilient pointing to the cooperative model of enterprise, and concludes with a review of practical policy options and recommendations for the way governments and development agencies should approach financial cooperatives. 
<br/><br/><label>ISBN: </label>9789221270300 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Recessions.<br/>Global Financial Crisis, 2008-2009.<br/>Banks and banking, Cooperative.