The use of digitalization for micro, small and medium enterprises

Dika Anggara Putra

No 258gj, OSF Preprints from Center for Open Science

Abstract: As we know, the Indonesian economy experienced a deflation of 0.1% in July 2020. This occurred in the food, beverage and tobacco category, which experienced a deflation of 0.79%. and contributed 0.19% to deflation. Foodstuffs that contributed to deflation included shallots, free-range chicken, rice, garlic, cayenne pepper, and sugar. Deflation in July and August 2020 was triggered more by falling prices for a number of food, beverages, and transportation, increasing demand amid the Covid-19 pandemic. Trends in other countries show that inflation and deflation are beating supply and demand. in 4 countries such as Indonesia, the Philippines, Thailand and Laos involving 3,831 MSME respondents explained that the contribution of MSMEs to Gross Domestic Product in these 4 countries was more than 50%. The enactment of the region had a negative impact on MSMEs, but some MSMEs continued to operate despite experiencing a decline in income of more than 40%.

Date: 2021-06-12
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:258gj

DOI: 10.31219/osf.io/258gj

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