REVIEW OF CONSUMER COOPERATIVES IN ASIAN SCENARIO

Abstract

The article describes the evolution of consumer cooperatives over many years and the conditions prevailing in various countries while the consumer cooperative movement was up surging. The paper also states the development of consumer cooperatives in Asian countries and enlists the reasons of dispersion in its development. It shows how the developed countries with higher literacy rate and per capita income had much better progress in consumer cooperatives as compared to developing countries. It also highlights the factors responsible for the development of consumer cooperatives in different countries of Asia.