The SSE has more human forms of cooperativism, thinking of the develop of people, families and communities. Paired with the 2030 Agenda, which universal calling is link to the adoption of measures to eradicate poverty, protect the planet and ensuring that everyone enjoy peace and prosperity, the Social Economy is an alternative model which promotes inclusive and sustainable development.
In Mexico, the Social and Solidarity Economy as a socioeconomical model of socially-owned companies based on solidarity relationships, cooperation and reciprocity, for the equitable distribution of wealth, sustainably created, has its cornerstone in the Social and Solidarity Economy Law, published in 2012, regulatory of the seventh paragraph of the 25th article of the Political Constitution of the United States of Mexico.
That’s where the Social Sector of the Economy is defined, integrated by a group of social organizations called Agencies of the Social Sector of Economy (OSSE for its abbreviation in Spanish): ejidos, communities, workers’ organizations, cooperative societies, companies that belong for the most or in its totality to the workers and, in general, all forms of social organization for production, distribution and consumption of goods and services socially needed.
Currently in the country, there are around:
● 31,980 ejidos and communities; which means over 100 million hectares, that represent over 53% of the national territory;
● 61,000 organisms from the Social Sector of Economy;
● Over 8.5 million of Saving banks customers; and
● Around $ 180,000,000,000 assets.
Under this same law, the National Institute of Social Economy was created, administrative body taken from the Welfare Secretariat, which counts with technical autonomy, operative and management.
The National Institute of Social Economy's purpose is to orchestrate, as part of the Social Development National Plan, the public policies of promotion and development of the social sector of economy, in order to make it stronger and consolidate it as one of the cornerstones of the social and economic development of the country, through the involvement, training, investigation, promotion and support to productive projects.
Additionally, Mexico counts with the Social Economy Promotion Program, which allows to respond to the mandate of the 46th article of the Social and Solidary Law of Economy, about attending productive initiative of the sector through the support of productive projects, identifying investment opportunities, providing training, technical assistance, management and projects design of the sector. Its purpose is to strengthen the productive inclusion, financial, and intake, as well as the productive linking in the Agencies of the Social Sector of Economy (OSSE for its abbreviation in Spanish) through the development of its abilities. With this staging, Mexico's Government is committed in the construction of a social welfare, all from the practice and principals of the Social and Solidary Economy.