scholarly journals Indonesian Traditional Market Flexibility amidst State Promoted Market Competition

2018 ◽  
Author(s):  
Mangku Purnomo ◽  
Fenna Otten ◽  
Heiko Faust
Keyword(s):  
Social Capital ◽  
Transaction Costs ◽  
Market Competition ◽  
Social Institutions ◽  
Theoretical Understanding ◽  
Street Vendors ◽  
Traditional Markets ◽  
Traditional Market ◽  
Traditional Vegetable

The penetration of modern supermarkets is believed to be the cause of the declining role of traditional markets and street vendors in Indonesia. But the competition between state-promoted markets and traditional markets is rarely discussed. This investigation focuses on traditional markets as social institutions, which continuously have developed a variety of strategies in order to remain competitive in the midst of intense rivalry. Firstly, we will outline a theoretical understanding of the traditional markets positioning along the concepts of flexibility and market devices. Secondly, we empirically reflect the strategies of four traditional vegetable markets in the District of Malang, East Java Province, as case studies. We show that the traditional markets build flexibility without governmental support by: (1) specifying commodities, (2) segmenting customers, (3) managing the load time, (4) modifying transportation to operate more efficiently, and (5) minimizing transaction costs by leveraging social capital. We argue that traditional vegetable markets institutionally reduce the potential of transaction costs to be competitive and avoid problems of coordination by building social capital through networks. All in all, market institutions supported by market devices are flexibly capable of adapting to the pressures of both selfishness among actors and competition with other markets.

scholarly journals Indonesian Traditional Market Flexibility Amidst State Promoted Market Competition

2018 ◽  
Vol 7 (11) ◽  
pp. 238
Author(s):  
Mangku Purnomo ◽  
Fenna Otten ◽  
Heiko Faust
Keyword(s):  
Social Relations ◽  
Low Cost ◽  
Market Competition ◽  
Social Institution ◽  
Adaptation Strategy ◽  
Theoretical Understanding ◽  
Coordination Problems ◽  
Traditional Markets ◽  
Traditional Market ◽  
Market Management

The penetration of modern supermarkets is believed to be the cause of the declining role of traditional markets and street vendors in Indonesia. Nevertheless, the competition between state-promoted markets and traditional markets is rarely discussed, both adaptation of market institution and strategy of market actors. This research outlined a theoretical understanding of the dynamics of traditional markets, along the concepts of market flexibility as an adaptation strategy and coordination problems as market actor strategies. The researchers empirically reflect the strategies of four traditional vegetable markets that still survive from tight competition—both the market itself as a social institution, and the strategies of actors involved in market transactions. The traditional market builds flexibility by: (1) Specifying commodities, (2) segmenting customers, (3) changing market operating hour, (4) modifying transportation to operate more efficiently, and (5) low cost market management. At the actor level, competition problems are resolved by utilizing an emotional sentiment of friendship social relations; the formation of prices is determined by developing effective networks of information; and the cooperation problem is dealt with by building a system of punishment and reward based on informal mechanisms. This finding verifies the thesis stating that market competitiveness is determined by institutional flexibility against competition and the ability of market actors to build effective social interactions to maintain market sustainability. Based on the above explanation, further research needs to be focused on calculating how much efficiency is built due to market flexibility, both the transaction cost and the production cost in a quantitative manner. At the actor level, it is necessary to delineate the strategies being built, whether based on pure rational or economic and moral or non-economic considerations in solving coordination problems in the market.

scholarly journals Capitalising on faith? An intergenerational study of social and religious capital among Baby Boomers and Millennials in Britain

2021 ◽  
Vol 69 (4) ◽  
pp. 862-880
Author(s):  
Stuart Fox ◽  
Esther Muddiman ◽  
Jennifer Hampton ◽  
Ekaterina Kolpinskaya ◽  
Ceryn Evans
Keyword(s):  
Social Capital ◽  
Baby Boomers ◽  
Social Institutions ◽  
Economic Security ◽  
Religious Capital ◽  
Intergenerational Study ◽  
The Uk ◽  
Active Generation ◽  
Effective Source

Intergenerational inequalities in economic security, health and political participation are frequently associated with inequalities in access to social capital. Millennials (those born after 1982) are often regarded as the least civically active generation, suggesting that they have less access to social capital, compared to other generations. Numerous studies have linked the decline of religion with falling social capital, as younger generations are deprived of a valuable source of social interaction; others, however, have claimed the link between the two is spurious because Millennials have developed different ways of interacting with social institutions and each other. Despite various studies exploring links between forms of religious and social capital, the role of religious decline in contributing to the intergenerational inequalities of today remains unclear. This study examines how religious capital is related to social capital for Baby Boomers and Millennials in the UK. Our analysis shows that while lower levels of religious capital are contributing to lower levels of social capital among Millennials, religious activity is also a more effective source of social capital for Millennials than their elders. We discuss possible interpretations of our data, including exploring whether greater religious engagement among Millennials may protect against intergenerational inequality and conflict.

From Vulnerable Health Habitus to Tough Health Habitus Against Covid-19 in Inang-Inang at The Traditional Markets in Medan, Indonesia

2021 ◽  
Vol 12 (1) ◽  
pp. 111-111
Author(s):  
Hadriana Marhaeni Munthe ◽  
Lina Sudarwati
Keyword(s):  
Family Members ◽  
Economic Resilience ◽  
Health Security ◽  
Traditional Markets ◽  
Urban Markets ◽  
The People ◽  
Traditional Market ◽  
Strategic Role ◽  
The Government

The term, 'inang-inang pasar' is referred to Bataknese market female vendors who sell basic commodities in the traditional urban markets. They have the image of hard working and tough vendors who fight against poverty in towns. Their activities as vendors in traditional markets indicate their strategic role of women as the agents of economic resilience and the agents of health security in their families. Here, their toughness in supporting their families by being vendors at Sembada traditional market, Medan. However, their toughness becomes a dilemma caused by Covid-19 pandemic. In this case, the government implement prokes (health protocol) from 3Ms to 5 Ms (wearing masks, washing hands, doing social distancing, avoiding crowd, and staying home), including in the area of the traditional markets where they sell their merchandise. The Prokes of Covid-19 in traditional markets have caused various responses from them. The reality is that they have not been ready to practice the policy on this 5 M Prokes since most of them lack of awareness of adhering to it due to the vulnerable of their health habitus. It seems that they can become the carriers and local transmitters of Covid-19. This situation worsens their condition and the people surrounding them such as their own family members. Keywords: Habitus, Covid-19, Inang-Inang, Traditional Market

scholarly journals THE ROLE OF SOCIAL CAPITAL AND INTERPERSONAL RELATIONS IN THE ALLEVIATION OF EXTREME POVERTY AND SPATIAL SEGREGATION OF ROMANI PEOPLE IN SZEGED

2020 ◽  
Vol 9 (1) ◽  
Author(s):  
Boglárka MÉREINÉ BERKI ◽  
György MÁLOVICS ◽  
Janka TÓTH ◽  
Remus CREŢAN
Keyword(s):  
Social Capital ◽  
Social Mobility ◽  
Poverty Alleviation ◽  
Interpersonal Relations ◽  
Social Institutions ◽  
Spatial Segregation ◽  
Extreme Poverty ◽  
Urban Underclass ◽  
Bridging Capital

Even more emphasis is set on social capital in understanding, analyzing and planning poverty alleviation measures and policies. However, our understanding of the role of social capital in alleviating extreme poverty, enhancing social mobility and fighting spatial segregation, is still inadequate. Within the present study, we aim to examine and understand (1) the mechanisms that relate to social capital in the case of the segregated urban underclass and (2) the potential interventions for poverty alleviation concerning social capital. In order to examine the dynamics of poverty alleviation measures related to social capital, special attention is paid to the experiences of a cooperative network aimed at creating artificial bridging capital through the introduction of interpersonal relations locally between the middle class and underclass, the patronage network, which was initiated within a broader participatory action research (PAR) process. Our results show that bonding ties and related specific norms as tools for everyday survival easily overwrite system integration efforts for poverty alleviation and social mobility with long-term and uncertain benefits for the segregated urban underclass. In order to overcome this failure, social institutions should place more emphasis on developing meaningful interpersonal relations with the underclass since these might be able to provide personalized help, facilitation, and approximation of perspectives - all being vital for poverty alleviation and social mobility.

scholarly journals Role of Social Capital on Prospering Informal sector Enterprise (Case of Street Vendors in street market Dewi Sartika, Bogor)

2018 ◽  
Vol 2 (2) ◽  
pp. 207 ◽  
Author(s):  
Dedy Yahya Harahap ◽  
Ivanovich Agusta
Keyword(s):  
Social Capital ◽  
Informal Sector ◽  
Inverse Relationship ◽  
Qualitative Data ◽  
Positive Relationship ◽  
Survey Methods ◽  
Rank Test ◽  
Street Vendors ◽  
Spearman Rank

PERAN MODAL SOSIAL TERHADAP KESEJAHTERAAN PENGUSAHA SEKTOR INFORMAL (Kasus Pengusaha Sektor Informal di Pasar Jl. Dewi Sartika, Bogor)Goal of the study was to test contribution social capital on migration, of the informal sector, social capital education entrepreneurs to improve informal sector entrepreneurs. The research conducts quantitative approach by survey methods and supported by qualitative data. The results showed assosiation between social capital and informal entrepreneur’s welfare. Spearman rank test between social anf welfare showed -0.480. That indicated inverse relationship among them. Spearman rank test between social capital on imigration and welfare showed 0.723. That indicate positive relationship between them. Spearman rank test between social capital an education and welfare showed 1.000. That indicated fully positive relationship between them.Keywords : Welfare, Social Capital, Informal Sector.---------------------ABSTRAK Tujuan dalam penelitian ini adalah menguji kontribusi modal sosial pekerja pengusaha sektor informal, modal sosial migrasi sektor informal, modal sosial pendidikan pengusaha sektor informal dalam meningkatkan kesejahteraan pengusaha sektor informal. Penelitian ini menggunakan pendekatan kuantitatif dengan metode survey didukung dengan data kualitatif berupa wawancara mendalam, observasi. Hasil penelitian menunjukkan bahwa, peran modal sosial terhadap kesejahteraan berhubungan nyata. Uji kolerasi rank spearman menunjukkan bahwa hubungan pengusaha sektor informal dan kesejahteraan sebesar -0.480 dan nilai probabilitas sebesar 0.004. Hasil tersebut menunjukkan hubungan kuat namun berdifat negatif. Hubungan modal sosial migrasi pengusaha sektor informal dan kesejahteraan sebesar 0.723 dan nilai probabilitas sebesar 0.000. Hasil tersebut menunjukkan hubungan yang kuat dan bersifat positif antara kedua variabel. Hubungan modal sosial pendidikan pengusaha sektor informal dan kesejahteraan sebesar 1.000 dan nilai probabiliti sebesar 1.000. Hasil tersebut menunjukkan hubungan yang kuat, bersifat positif antara kedua variabel.Kata Kunci : Kesejahteraan, modal sosial, sektor informal.

Trust and Social Capital

2009 ◽  
pp. 75-91
Author(s):  
Ben Kei Daniel
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Policy Analysis ◽  
Social Institutions ◽  
Wide Spread ◽  
Key Issues ◽  
Trusting Relationships ◽  
Definition Of ◽  
Computational Systems

Regardless of any approach taken for examining social capital, researchers continuously converge on some key issues such as trust and yet diverge on several others about concrete and consistent indicators for measuring social capital. Many researchers believe that presence or absences of social capital can be solely linked to trusting relationships people build with each other as well as social institutions of civil engagement. It is not clearly known however, whether trust itself is a precondition for generating social capital or whether there are other intermediary variables that can influence the role of trust in creating social capital. In addition, similar to social capital, the definition of trust is problematic and it remains a nebulous concept and equally, with many dimensions. Interests in the analysis of trust are wide spread among many disciplines, notably policy analysis, economic development, reliability and security of distributed computational systems and many others. The variety of approaches currently employed to investigate trust and different interpretations of its role in fostering social capital has resulted into a diverse array of knowledge about the concept and its relationship to social capital. This Chapter provides a broader overview of work on trust. It discusses how researchers have used trust as a proxy for measuring social capital.

scholarly journals The Local Food Environment and Food Security: The Health Behavior Role of Social Capital

2019 ◽  
Vol 16 (24) ◽  
pp. 5045 ◽  
Author(s):  
Christopher J. Paul ◽  
John E. Paul ◽  
Rosa S. Anderson
Keyword(s):  
Social Capital ◽  
Food Security ◽  
Health Behavior ◽  
Food Environment ◽  
Local Food ◽  
Social Institutions ◽  
Illustrative Case ◽  
Food Politics ◽  
Substantial Impact

Food politics and economic forces may determine the macro conditions for food supply, but the local environment has the most substantial impact on population health. Food security is determined not only by the basic availability of food, but also by social, economic, and cultural factors influencing dietary behaviors. This paper investigates the role of social institutions, specifically social capital, in affecting food security by proposing a theoretical linkage between social capital and health behavior, and an illustrative case is provided. Social capital, defined as the value of the bonding, bridging, and linking relationships between people, is well demonstrated to be related to health. Many mechanisms link social capital to health, including shared access to food and nutritional behaviors. Further, social capital influences health through social status and race. This paper further investigates the links between minority status, food security, social capital, and health. The analysis draws on empirical work in North Carolina with community gardens, faith communities, the local food environment, and other social capital-related variables. By investigating the nature of local food security, particularly for minority populations, this analysis allows for better integration of local conditions with global food politics.

scholarly journals MARKET FAIRNESS IN ISLAMIC ECONOMICS LAW AND ETHICS: A Study on Modern and Traditional Market Regulations in Indonesia

2015 ◽  
Vol 39 (1) ◽  
Author(s):  
Mustapa Khamal Rokan
Keyword(s):  
Islamic Law ◽  
Social Institutions ◽  
Market Regulation ◽  
Mutual Respect ◽  
Traditional Markets ◽  
Common Ownership ◽  
Law And Ethics ◽  
Small Market ◽  
Traditional Market ◽  
Fair Market

<p>Abstrak: Keadilan Pasar dalam Hukum dan Etika Ekonomi Islam: Studi tentang Peraturan Pasar Modern dan Tradisional di Indonesia. Studi ini dilatarbelakangi kondisi pasar yang tidak adil berupa ketersingkiran pasar tradisional di Indonesia disebabkan persaingan yang tidak seimbang dengan pasar modern. Tulisan ini berusaha menemukan formulasi hukum yang adil untuk menjaga keberadaan pasar kecil. Untuk menemukan formulasi hukum tersebut, penulis akan membahas pengaturan pasar dalam peraturan perundang-undangan di Indonesia, menganalisa serta menemukan hal yang harus dioptimalisasikan untuk membuat pengaturan pasar yang adil dalam perspektif hukum Islam. Studi ini mengajukan paradigma bahwa pasar bukan hanya sebagai institusi bisnis tetapi juga insitusi ibadah dan sosial berdasarkan persaudaraan yang mengharuskan saling menghormati, saling bertanggungjawab. Terdapat preskriptif hukum untuk menjaga keberadaan pasar tradisional di Indonesia, yakni mengoptimalkan konsep kepemilikan pasar sebagai bentuk kepemilikan umum dan mengoptimalkan regulasi kerjasama antara pasar tradisional dan modern berdasarkan doktrin hukum ekonomi Islam.</p><p><br />Abstract: This study has been motivated by unfair market conditions in the form of marginalization of traditional markets in Indonesia due to unequal competition with the modern market. This article tries to find a fair legal formulation to maintain the existence of a small market (traditional). To find the legal formulation, the author attempts to discuss market regulation in Indonesian legislation, analyzed and found it to be optimized to create a fair market arrangements in the perspective of Islamic law. This study propose a paradigm that the market functions not only as an business institution but also as religious and social institutions based on brotherhood which requires mutual respect and responsibility. There are prescriptive law to maintain the existence of traditional markets in Indonesia, which optimizes the concept of ownership as a form of common ownership and optimize the regulation of cooperation between the traditional and the modern market economy based on the doctrine of Islamic law.</p><p><br />Keywords:Islamic business ethics, modern and traditional market, monopoly</p>

scholarly journals Eksistensi Industri Kecil Kerajinan Kuningan di Kabupaten Klungkung

2020 ◽  
pp. 311
Author(s):  
Nyoman Yuliarmi ◽  
Anak Agung Istri Ngurah Marhaeni
Keyword(s):  
Social Capital ◽  
Regression Analysis ◽  
Transaction Costs ◽  
Significant Role ◽  
The Social ◽  
Craft Industry ◽  
Small Industries

The purpose of this study is to analyze: 1) the effect of social capital on the existence of brass handicraft small industries, 2) the effect of transaction costs on the existence of brass handicraft small industries, 3) the influence of transaction costs moderated by social capital on the existence of brass small handicraft industries in Klungkung Regency. The study was conducted in Klungkung Subdistrict which consisted of Kamasan Village, Gelgel Village, Tojan Village, and Budaga Village. Samples were taken with a quota of 75 craftsmen and were interviewed, using accidental sampling. Analysis using Moderating Regression Analysis (MRA). The results of the analysis concluded that: 1) Social capital has a very significant impact on the existence of the brass handicraft industry in Klungkung Regency. The better the social capital, the smaller brass handicraft industry will exist. 2) Transaction costs are very significant for the existence of the brass handicraft industry in Klungkung Regency. The cheaper the transaction costs, the smaller the brass craft industry, the more efficient it can be. 3) Social capital moderates the significant role of transaction costs to the existence of a small brass handicraft industry in Klungkung Regency. The stronger social capital can increase transaction costs so that businesses become efficient, the brass craft industry will increasingly exist

scholarly journals Modal Sosial dan Strategi Keberlangsungan Hidup Masyarakat Dayak Ngaju (Studi Kasus Pada Masyarakat Dayak Ngaju Desa Manusup di Kabupaten Kapuas Provinsi Kalimantan Tengah)

2020 ◽  
Vol 7 (2) ◽  
pp. 1-10
Author(s):  
Bahrianoor Bahrianoor
Keyword(s):  
Social Capital ◽  
Social Institutions ◽  
Indigenous Communities ◽  
Social Needs ◽  
Social Solidarity ◽  
Economic Resilience ◽  
Bridging Capital ◽  
Bonding Capital ◽  
Internal Relationships

This research discusses the role of social capital in fulfilling livelihood resources in Dayak ngaju indigenous communities in Central Kalimantan's Manusup Village. This research is qualitative research with a descriptive design. The results of this study show that social capital has an important role and serves in expanding cooperation relationships, both relationships in social needs and relationships in the needs of livelihood sources.relationships in social needs serve to give birth to social solidarity formed through social institutions and religions. While the relationship in the needs of livelihood sources serves to support economic resilience by opening up interactions in strengthening mutually beneficial networks, both bonding, bridging, and linking capital. Bonding capital plays a role in forming togetherness and emotional connection and can strengthen internal relationships. Bridging capital can pave the way and stimulate community development. Meanwhile, linking capital brings great benefits to the progress of Manusup village, namely the advancement and development of potential expertise in obtaining livelihood sources.

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