Is Social Impact in Korea Fragmented?: The Structure of the Social and Solidarity Economy
What is the Social and Solidarity Economy?❓💬 Globally, terms like “social and solidarity economy” or “social impact” are used to describe a broad range of organizations working to solve social problems. However, Korea is both similar and different. While organizations pursuing social purposes do exist, structurally they are divided into different types. From the outside, it may look like a single ecosystem, but in reality, it is segmented into multiple systems and institutional frameworks. Differences in Scope Between Overseas and Korea🐣 In Europe and other regions, a wide range of organizations are included within the social and solidarity economy. These include cooperatives, mutual societies, social enterprises, non-profit organizations (NPOs), foundations, and self-help groups. In other words, both formal and informal economic activities are included, and the focus is on the “social purpose” regardless of whether the org...