Influence of institutional framework on economic activity of agricultural cooperatives: Latvia’s case
2020
Feldmane, L., Latvia Univ. of Life Sciences and Technologies, Jelgava (Latvia) | Zvirbule, A., Latvia Univ. of Life Sciences and Technologies, Jelgava (Latvia)
Given the important role of agricultural cooperatives in strengthening competitiveness and market power of farmers in the food chain, it is essential to understand the competitiveness of their own economic activities. The purpose of this article is to summarise the institutional base affecting agricultural cooperation to assess its impact on the economic activity. To reach the goal, the normative documents that affect the agricultural co-operation directly were gathered and studied, and certain institutional obstacles and problems affecting the cooperation of economic activity were highlighted. At the end, conclusions on the institutional framework for economic activity of agricultural cooperatives in Latvia and suggestions on the legislative changes needed to improve the competitiveness of agricultural cooperatives are offered.
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