Echoes of the Past: Organizational Foundings as Sources of an Institutional Legacy of Mutualism

What is it about?

This is pioneering research showing that local communities that were early in forming new organizations of one type (savings banks) also were able to be early in forming another kind of organization (retail cooperative). It demonstrates that communities build capabilities when forming organizations, and these can be active for long -- in the research, the average effect was nearly 60 years.

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