Safe But Alert: The Impact of the 2023 Global Economic Recession on Indonesian Micro, Small and Medium Enterprises

Zaman, Ali Noer Safe But Alert: The Impact of the 2023 Global Economic Recession on Indonesian Micro, Small and Medium Enterprises. International Journal of Latest Research in Humanities and Social Science (IJLRHSS), 6 (6). pp. 331-336.

Text Turnitin Check - 12 persen.pdf Download (1MB)

Abstract

In the aftermath Covid19 Pandemic, people in the world are facing 2023 economic crises, including; financial, energy and food crises. It was caused by the residual covid 19 pandemic, the Rusia-Ukrein war and climate change. However, the impact of the crises in the developed and underdeveloped countries is different. Several developed countries suffered more severely than developing countries because they have higher inflation and more unemployment caused by laid-off employees. Several developing countries whose GDP relies little on export suffered less. This study seeks to understand better the impact of is the 2023 world crises on Indonesia's economy, notably Micro, Small and Medium Enterprises (MSMEs). The Indonesian economy and MSMEs are pretty strong to deal with the 2023 crises, and the impact on the Indonesian economy is negligible. SMSEs have been proven to become a saviour during repeated crises. Nevertheless, Indonesian MSMEs also posed several classic problems, including capital, licencing, technology and human resource development. The Indonesian government has addressed the problems by preparing a capital scheme, training, and creating small and medium industrial centers

Item Type:	Article
Subjects:	Z Bibliography. Library Science. Information Resources > ZA Information resources > ZA4450 Databases
Divisions:	Faculty of Social and Political Sciences > S1 Political Science / Ilmu Politik
Depositing User:	MA Ali Noer Zaman
Date Deposited:	15 Sep 2023 00:51
Last Modified:	15 Sep 2023 00:51
URI:	http://repository.umj.ac.id/id/eprint/16822

Actions (login required)

View Item