TY - BOOK AU - Birchall,Johnston ED - International Labour Office. TI - Resilience in a downturn: the power of financial cooperatives SN - 9789221270300 PY - 2013/// CY - Geneva PB - International Labour Office KW - Recessions KW - Global Financial Crisis, 2008-2009 KW - Banks and banking, Cooperative N1 - 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 UR - http://ica.coop/sites/default/files/media_items/Resilience%20in%20a%20downturn%20the%20power%20of%20financial%20co-operatives%20-%20ILO%202013.pdf ER -