National Institute of Social Economy (INAES)

Region: 
Latin America and the Caribbean
Member since: 
September 2021

In Mexico, Social Economy is supported by the Social and Solidarity Economy Law, which regulates the seventh paragraph of article 25 of the Political Constitution of the United Mexican States. Defining the Social Sector of the Economy as the sector of the economy made up of social organizations, known as Organizations of Social Sector of the Economy (OSSE), established by law, which are: ejidos, communities, organizations of workers, cooperative societies, companies that belong mostly or exclusively to workers and, in general, of all forms of social organization for the production, distribution and consumption of socially necessary goods and services.

In this regard, there are currently around:

  • 31,980 ejidos and communities
  • More than 100 million hectares 
  • More than 53% of the national territory 
  • 61,000 OSSE / 8,548,262 members in savings banks and $179,670,817,656 in assets

Under this same law, published in 2012, the National Institute of Social Economy (INAES) is created as a decentralized administrative body of the Ministry of Welfare, which has technical, operational and management autonomy. The purpose of the Institute is to implement, as part of the National Social Development Policy, public policies for the promotion and development of the social sector of the economy, in order to strengthen and consolidate the Sector as one of the pillars of economic and social development. of the country, through participation, training, research, dissemination and support for productive projects in the Sector. This same institute defines the Social and Solidarity Economy as a socioeconomic model of collective property organizations, based on relationships of solidarity and cooperation, which through the sustainable management of companies, places work, democratic decision-making and equitable distribution of wealth.

INAES works with public policies and experiences of the social economy to share the knowledge and experiences so that they become known around the world, as well as to strengthen them and to make the social economy more visible, at the same time, to bring social economy actors closer to more networks may be one of the institute's priorities.