The role of the government in increasing MSMEs in Indonesia

Natasya Belina

No dft2u, OSF Preprints from Center for Open Science

Abstract: As we know that economic growth is one indicator of a country's economic performance. Experts state that small traders are business actors with relatively small capital who carry out production activities or sell goods and services to meet the needs of certain groups in society. From a business development perspective, small traders, such as warungs, street vendors or hawkers, and small-scale shops are micro-enterprises that operate informally. The emergence of the Covid-19 pandemic had a negative impact on 84.7% of MSMEs, the average income fell significantly by 53%, and around 72% of MSMEs experienced a decrease in income of more than 40%. MSMEs have a very large role in the Indonesian economy.

Date: 2021-06-09
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:dft2u

DOI: 10.31219/osf.io/dft2u

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