Science and Education in Karakalpakstan. 2023 №2/1 ISSN 2181-9203 88
of relations between consumers, financial and other institutions, state and local authorities, as well
as ownership, contractual institutions developed in accordance with market conditions and
transaction costs in these relations are minimal.
Advanced foreign experiences show that structures operating on the basis of cooperation
face many problems due to weak distribution of property rights. First, the volume of transactions
and the amount of investment in the cooperative do not directly affect the functions of management
and control mechanisms, and secondly, the cooperative does not have the opportunity to sell its
share at the market price when the participant leaves the membership. This weakens the interest of
agricultural entities to invest in the development of this form , but new organizational models of
cooperatives can improve the distribution of property rights. (Figure 2)[3]
Figure 2. Institutional approach to licorice network cooperation in the country and a hypothetical model of its interaction with the external and internal environment Property rights are also important in the cooperative, and the procedure for owning and
disposing of property (land, buildings, equipment, etc.) and appropriating part of the income is
determined.
Cooperative-
coalition-
organization
Theory of
cooperatives
Cooperative
organization
Form of
cooperative-
horizontal-
vertical
integration
Institutional approach Cooperative principles Specialization Type of cooperation Scope of activity Organizational form Demographic environment Political
