Sustainability in a Small Place: the Spanish Basque Country as a 21st Century model

Over several decades Euskadi has transformed itself into one of the most internationally competitive, socially inclusive, environmentally progressive economies in the world. It is a polity that welcomes economic globalization as an opportunity, while reaffirming local community and cultural identity.

The potential of the cooperative business model

In a co-operative, Labour hires Capital – capital becomes merely another resource that the business requires to produce its services or products. The aims of the business are to produce excellent goods and services, to provide good terms and conditions for employees, to be fair to suppliers, to provide limited* returns on investment for investors, to support local communities and to respect the environment.