Strategy for Rural Development: The Cooperative Way

Authors

  • Otaokpukpu, Justina Njideka Department of Business Administration and Management, Oko Polytechnic, Oko, Anambra State
  • Okonkwo, Chukwudi Joseph Department of Cooperative Economics and Management, Imo State Polytechnic, Omuma, Imo State.

Keywords:

Strategy, Strategy, Rural Development, Cooperative

Abstract

Rural development is a multifaceted challenge that demands innovative approaches to address economic, social, and cultural needs. In this study, Cooperative models is defined by their principles of voluntary participation and shared ownership, play a pivotal role in rural development. By pooling resources, enhancing economic empowerment, and fostering community resilience, cooperatives empower rural communities to overcome challenges. The specific objectives of the study is to explore the concept of rural development through cooperative strategies. It aims to highlight the significance of cooperation as a catalyst for economic empowerment, community resilience, and sustainable growth in rural areas. It also highlights the challenges and considerations associated with cooperative strategies in rural development. As nations worldwide seek solutions to bridge the rural-urban divide and revitalize rural regions, the cooperative way emerges as a tested and empowering approach to sustainable rural development.

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Published

2023-09-30

How to Cite

Otaokpukpu, N., & Okonkwo, C. (2023). Strategy for Rural Development: The Cooperative Way. Forshen Hub International Journal of Entrepreneurial and Cooperative Studies , 6(5), 15–23. Retrieved from http://journal.forshenhub.com.ng/index.php/FHIJECS/article/view/78