THE ROLE OF COOPERATIVES IN OVERCOMING RURAL POVERTY (WORLD EXPERIENCE)
Abstract: All over the world, cooperatives have made a significant contribution to sustainable economic development and ensuring stability in the labor market. Cooperatives are owned, managed and served by their members, which allows them to effectively solve economic problems, develop social and human capital, and, at the same time, encourages people to cooperate and help each other. The article is devoted to the definition of the role of cooperative enterprises in the problem of poverty reduction in rural areas. Theoretical views of scientists on the possibilities of cooperative enterprises in solving the problem of rural poverty are considered. The relationship between rural entrepreneurship and poverty is shown. The role of farming in reducing poverty in developing countries is evaluated. Data from surveys of rural residents and representatives of small businesses in foreign countries show that overcoming poverty is impossible without the development of rural infrastructure and a comprehensive state policy. Methods of poverty reduction and successful cooperation practices in China are considered. Using the example of energy cooperatives in the United States and European countries, the possibilities of cooperation in rural electrification were shown.