scholarly journals Micro, Small and Medium Enterprises and Digital Platforms

2021 ◽  
Author(s):  
Fenesia Debby Irwan

In July 2020, Indonesia experienced 0.1 percent deflation, with food, beverage, and tobacco categories accounting for 0.79 percent of the total. A continual drop in the price of goods and services over a period of time is defined as deflation. This shows a drop in the demand for food products. The impact of the Covid-19 epidemic is strongly intertwined to this. People have a tendency to be strict when it comes to limiting the number of purchases of a particular item. The inadequate purchasing power of the lower class drove the drop in spending, further suppressing the income of micro, small and medium enterprises (MSMEs). Due to the fact that, in normal circumstances, accidental purchases outnumber planned ones.

2021 ◽  
Author(s):  
Pang william panggantara

The emergence of the Covid-19 pandemic caused Indonesia’s economy to experience deflation, the group whose income is not affected prefer to save rather than spending their money, this happen with consideration that no one knows when the Covid-19 pandemic will end and when will the the situation return to normal. The pandemic has decreased people’s income and purchasing power. People saving are decreased used for consumption needs, especially for the employee that’s terminated from the the company or has been laid off, this cases resulting in and increasingly depleted source of household funds.


Author(s):  
Lyudmila M. Simonova ◽  
Anastasiia O. Dorokhova

This article aims to study the role of government instruments supporting export-oriented enterprises, which specialize in the production of non-resource and non-energy goods and services. In view of the increasing importance and potential of small and medium-sized enterprises, the authors, using economic analysis of the data of the Russian Federal Customs Service and the statistics of the Russian Export Center, have confirmed the need of such enterprises being the central element of the national system of support and development of exports. The results prove that the majority of export-oriented small and medium enterprises show interest in starting export activities, increasing its share, and seeking to expand the geography of their supplies. However, a number of factors prevent the foreign economic strategy, including lack of confidence and employees with export competencies, financial limitations, as well as complete inexperience when interacting with foreign counterparts and markets in general. The authors have determined that the insufficient level of competitiveness on part of the Russian producers requires a full-fledged support of the state authorities to stimulate non-resource and non-energy export. The statistical analysis of the recent years shows that the indicator of Russian competitiveness on foreign markets has not undergone serious changes due to the low competitiveness of the Russian exported goods, as well as insufficient knowledge and skills of export-oriented enterprises in terms of strengthening their position on new markets. The world experience shows that each nation puts their own priorities on the choice of export development direction. Based on a comparative analysis and classification of support measures in the European Union, the authors have identified the possibility of approximating the existing mechanisms for supporting small and medium export-oriented enterprises in the Russia. The results have revealed a linear relationship between the launch of programs to support export-oriented enterprises and the growth of foreign economic activity in general, as well as the relationship between such activities as the interaction with relevant ministries and agencies, the cooperation with key industry and business organizations, and the improvement of export conditions in Russia.


2021 ◽  
Author(s):  
Hana Dila S

In July 2020, the Indonesian economic situation face deflation of 0,1 % explained by the Central Bureau of Statistics of the Republic of Indonesia. Furthermore, the tobacco, food, and beverage sector also face the same situation with deflation of 0,79%, following 0.19% deflation in foodstuff. Deflation happened in demand for food related with the exchange rate of agricultural food crops decreased by 0,74 %. Based on the contribution of public expense, 40% group of lower- class contributes 17% of the entire national consumption, and also 40 % group of middle class contributes 36.78%, and 20 % group of upper class contributes 45.49 %.


Author(s):  
Diego Begalli ◽  
Roberta Capitello ◽  
Lara Agnoli

Geographical brands are one of the most relevant competitive levers in the agro-food industry, given the predominance of small and medium enterprises, with corporate brand salience closely linked to the origin of the business, the inputs, and the production process. They are one of the most significant attributes affecting the product evaluation by the consumer. This chapter aims to contribute to the understanding of the effects of geographical indications on demand side and on supply side. It summarizes the main findings highlighted by scholars about the impact of geographical indications on consumers' choice and on business and territorial strategies. It also examines the interconnections between geographical indications, agro-food products, and territorial reputation by analyzing four case studies. Best practices are linked to the communication of intangible elements related to the typical product, such as credibility, authenticity, warranty, and preservation of social and economic values.


2021 ◽  
Author(s):  
nisrina hasna fadhilah

The decline in demand for food was correlated with a decrease in the exchange rate of agricultural food crops by 0.25% or to be 110.17. Likewise, there was a decrease in the exchange rate of horticultural agricultural products by 0.74%, or to be 99.77; including deflation in the Household Consumption Index of 0.13%. In terms of the contribution of public expenditure, it appears that the 20% group (upper class) reaches 45.49% of the total national consumption, the 40% group (middle class) contributes 36.78%, and the 40% group (lower class) only contributes 17%.


2021 ◽  
Vol 26 (2) ◽  
pp. 153-178
Author(s):  
Shivani Badola ◽  
Sacchidananda Mukherjee

Introduction of Goods and Services Tax (GST) has resulted in harmonisation of tax compliance system in India. In the new tax regime, tax compliance system has completely moved to online (digital) platforms. Given the inequality in access to digital platform or adoption of Information and Communications Technology (ICT) among marginal, small and medium enterprises in India, tax compliance may not improve in the GST regime. In a developing country like India where majority of unincorporated enterprises are in the informal sector, staying outside the formal network may restrict their economic prospects. It is worthwhile to study the relationship between access to ICT and tax (VAT) registration among unincorporated enterprises in India. Based on unit-level data of the 73rd round NSS survey, this study explores factors influencing the decision of unincorporated enterprises to take VAT/Sales Tax registration across the Indian states. The results show that adoption of ICT in terms of using internet and computers positively influence tax registration. Policy suggestions of the study may help to expand the tax base of GST by bringing informal enterprises under the tax net.


Author(s):  
Yanuar Nugroho ◽  
Phima Ruthia Dwikesumasari ◽  
Bani Alkausar

Covid-19, apart from affecting the income of big businesses, also affects micro, small and medium enterprises (MSMEs) due to a decrease in consumer purchasing power to the conventional strategies of MSMEs that are not ready to face the crisis. Until now, MSMEs in Watudandang Village are less orderly in the management of operational financial records so that the profits earned cannot increase the economic class of their business, besides that, marketing techniques for MSME products have been carried out online but have not mastered the tricks and strategies of how products can be easily searched so that they are suitable with consumer expectations. The method of implementing this program is carried out in a blended manner in the form of training in the preparation of financial reports for MSMEs and online product marketing assistance. This activity resulted in an increase in the competence of MSME players in analyzing profit and loss more precisely, thus providing an overview / perspective for MSME players to make policies regarding the course of their business operations. In addition, as a result of the impact of this pandemic crisis, MSME players have been able to take advantage of information technology to market their products online so that consumers will still look for these UMKM products. 


2016 ◽  
Vol 2 (2) ◽  
pp. 227
Author(s):  
Hadi Arnowo ◽  
Djudjuk Tri Handayani

Abstract : ASEAN Economic Community (AEC) has the aims to transform ASEAN into a stable, prosperous, and highly competitive region through equitable economic development, poverty reduction and socio-economic disparities. As a consequence, since 2015, ASEAN becomes region with free trade of goods, services, investment, and skilled labor. The impact of the implementation of MEA is shown by the price and quality of goods and services that become competitive, affecting domestic products and services from Small and Medium Enterprises (SMEs), as well as farmers. The government has sought to support SMEs and farmers through direct and indirect assistance. Land is the sector that has the most influential effect among other sectors to provoke economic growth of SMEs and farmers, because land has the function as natural resource as well as work location. To optimize this, land policies are needed to regulate land use arrangement, land asset legalization, control of land utilization and community empowerment through access reform. Asset legalization for SMEs and farmers, as well as asset legalization for infrastructures. Land use and land utilization control was implemented to optimize large-scale agricultural area by set up cooperation scheme with local people. Community empowerment was implemented through access reform, prioritized to the regions that have leading commodities or products. Keywords : competition, land use arrangement, assets legalization, land utilization, community empowermentIntisari : Pembentukan Masyarakat Ekonomi ASEAN (MEA) bertujuan untuk mentransformasikan ASEAN menjadi kawasan yang stabil, makmur, dan sangat kompetitif melalui ekonomi pembangunan yang adil, berkurangnya kemiskinan dan kesenjangan sosial-ekonomi. Sebagai konsekuensinya, ASEAN menjadi daerah dengan pergerakan bebas barang, jasa, investasi, tenaga kerja terampil, dan aliran modal sejak tahun 2015.Dampak pemberlakuan MEA adalah terjadinya persaingan harga dan kualitas barang dan jasa yang berpengaruh terhadap produk dan jasa domestik yang umumnya dilakukan oleh pelaku Usaha Kecil dan Menengah (UKM) dan petani. Pemerintah telah berupaya membantu pelaku UKM dan petani melalui bantuan langsung dan tidak langsung. Sektor pertanahan adalah sektor yang paling berpengaruh terhadap tumbuhnya perekonomian pelaku UKM dan petani. Hal tersebut karena tanah merupakan sumberdaya alam sekaligus ruang tempat berusaha. Agar dapat membantu pelaku UKM dan petani diperlukan langkah–langkah kebijakan pertanahan berupa penatagunaan tanah, legalisasi aset, pengendalian pemanfaatan tanah, dan pemberdayaan masyarakat melalui akses reform. Legalisasi aset bagi pelaku UKM dan petani serta legalisasi aset untuk infrastruktur. Pengendalian pemanfaatan tanah adalah untuk mengoptimalkan tanah pertanian berskala besar melalui kerjasama dengan penduduk sekitar. Pemberdayaan masyarakat dilaksanakan dengan menfasilitasi UKM dan petani untuk memperoleh akses permodalan dimana prioritas ditujukan pada lokasi–lokasi yang memiliki produk atau komoditi unggulan. Kata Kunci : kompetisi, penatagunaan tanah, legalisasi aset, pemanfaatan tanah, pemberdayaan masyarakat


2021 ◽  
Author(s):  
stevanie christabel

The Covid-19 pandemic has further eroded people's income and purchasing power. People’s savings are increasingly decreasing for consumption needs, especially for those who experienced termination of employment or were laid off, resulting in an increasingly depleted source of household funds. Deflation in July and August 2020 was triggered more by falling prices for a number of food, beverage and transportation groups, indicating the large demand in the midst of the Covid-19 pandemic. Trends in other countries show that there is a slowdown in inflation and deflation that is hitting supply and demand. The decline in demand for food was correlated with a decrease in the exchange rate of agricultural food crops by 0.25%, or to be 110.17. Likewise, there was a decrease in the exchange rate of horticultural agricultural products by 0.74%, or to be 99.77; including deflation in the Household Consumption Index of 0.13%. In terms of the contribution of public expenditure, it appears that the 20% group (upper class) reaches 45.49% of the total national consumption, the 40% group (middle class) contributes 36.78%, and the 40% group (lower class) only contributes 17%.


Author(s):  
M. Venkataramanaiah ◽  
B. Suneetha

Micro, Small and Medium Enterprises (MSMEs) play a pivotal role in creating employment opportunities. These are more vibrant in countries like India where population is more and labour-intensive manufacturing establishments are huge in number. In general, these firms are established in rural and economically backward regions, thereby a regional balance may be achieved through the equal distribution of wealth. MSMEs are considered complementary to heavy industries as subsidiary units and provide enormous socio-economic development to the nation. MSMEs contribute about 8 per cent of the country’s GDP, with 45 per cent of manufacturing yield and 40 per cent of exports. After the agricultural sector, MSMEs provide lion’s share of employment for the jobless. Further, they provide a diverse range of goods and services that satisfy the needs of local, national and international supply chains. Globalisation is said to be a necessary evil. The advent of the WTO brings a variety of challenges to developing nations as these are frail in bargaining capacity against their counterparts. As a result, developing nations like India are subjected to all those adverse effects of globalisation, and the MSMEs sector is not exceptional. The existing literature in the subject indicates that there is a considerable fall in the growth rate of the number of units, output, exports and employment generation after post-globalisation, and this trend is the matter of serious concern for the policymakers and decision-makers. In this junction, the present article is intended to investigate the impact of globalisation on the performance of MSMEs. The study is divided into three sections. The first section devotes to introduce the study area of the present article, review of the literature and objectives and methodology of the research. The growth and trend of MSMEs in India during the pre- and post-globalisation eras are discussed in the second section. The summary and conclusion of the study is given in the last section.


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