This article analyzes the importance of cooperatives in global, regional, and national contexts, highlighting their impact on sustainable socio-economic development. As an economic model, cooperatives significantly contribute to meeting members" needs while promoting an inclusive and equitable economy. The study examines the historical evolution of the cooperative movement, their structural and operational mechanisms, and successful models implemented across various economic sectors, including agriculture, commerce, finance, and healthcare. It also emphasizes the role of cooperatives in addressing global challenges such as economic instability, climate change, and social inequality. The research underlines how cooperative models adapt to modern changes and maintain their relevance in an ever-evolving global landscape. Through this analysis, it is confirmed that cooperatives can serve as fundamental pillars in building a more sustainable and equitable global future.
Căprian et al. (Mon,) studied this question.