Analysis of the Evolution of the Regulatory and Operational Framework for the Management of Cooperatives in Benin
Abstract
In Benin, the evolution of the regulatory and operational framework of cooperatives since independence has been associated with different approaches by statute in connection with political choices, management of resources and economic orientation with varying performances. This article discusses the analysis of this development. Data collection, essentially based on the literature review, brings together the main policy documents and legislation over the period under consideration as well as reports from projects and agencies involved. The data analysis is based on the historical analysis of the regulatory, institutional and operational framework. The results showed that the current period marked by the implementation of AUSCOOP is preceded by three main phases. The results showed that the current period, marked by the implementation of AUSCOOP is preceded by three major phases during which the progressively pronounced expression of autonomy was marked by a good production performance while the quality governance has deteriorated and social justice has remained weak. In addition to governance concerns, these cooperatives have always been limited in accessing external financing due to the extent of legal risks which increase economic risks. This is where the 9th Uniform Act of OHADA relating to the law of cooperative societies (AUSCOOP) arises, launched in 2010 and adopted in 2013 in Benin. This analysis suggests that the autonomy promoted by the regulatory, institutional and operational frameworks for the management of cooperative societies should be the subject of an adequate framework in order to limit deviant behavior likely to deteriorate the quality of governance and social justice performance.
Full Text: PDF DOI: 10.15640/jaes.v10n1a5
Abstract
In Benin, the evolution of the regulatory and operational framework of cooperatives since independence has been associated with different approaches by statute in connection with political choices, management of resources and economic orientation with varying performances. This article discusses the analysis of this development. Data collection, essentially based on the literature review, brings together the main policy documents and legislation over the period under consideration as well as reports from projects and agencies involved. The data analysis is based on the historical analysis of the regulatory, institutional and operational framework. The results showed that the current period marked by the implementation of AUSCOOP is preceded by three main phases. The results showed that the current period, marked by the implementation of AUSCOOP is preceded by three major phases during which the progressively pronounced expression of autonomy was marked by a good production performance while the quality governance has deteriorated and social justice has remained weak. In addition to governance concerns, these cooperatives have always been limited in accessing external financing due to the extent of legal risks which increase economic risks. This is where the 9th Uniform Act of OHADA relating to the law of cooperative societies (AUSCOOP) arises, launched in 2010 and adopted in 2013 in Benin. This analysis suggests that the autonomy promoted by the regulatory, institutional and operational frameworks for the management of cooperative societies should be the subject of an adequate framework in order to limit deviant behavior likely to deteriorate the quality of governance and social justice performance.
Full Text: PDF DOI: 10.15640/jaes.v10n1a5
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