O real e as cooperativas

Abstract

The most visible impact of the Brazilian Real stabilisation plan over co-operative activities is the increasing of decapitalisation, reduction in working
capital and investments. The incidence of those problems is worse amongst those co-operatives that were passeb by serious problems agriculture and consumer sectors. Meanwhile with a stable economy, the mutual credit cooperatives and the emerging sector agricultural credit co-operatives are now able to reorganize the credit agreements with their associates at more reasonable rates of interest. On the other hand, the extraordinary increase in urban workers' and service providers' co-operatives is mainly a result of the drastic need to find new organizational structures for the workfers released by increasing unemployment and by "Voluntary resignings" from both private and public companies.