The Effectiveness Of The Credit Relaxation Policy On The Batik MSMEs Affected By Covid-19 In Solo City

Edy Supriyono, Nurmadi Harsa Sumarta

Abstract


This research focuses on empirical analysis of the effect of credit relaxation policy on the sustainability of Batik MSMEs in Solo. This research is motivated by the negative impact of the spread of the Corona virus (Covid-19) pandemic on the economic sector in Solo, especially in the Batik MSMEs, which is one of the mainstay affected industries. A more in-depth study of the effectiveness and influence of this implementation on the sustainability of batikMSMEs in the city of Solo is needed, especially from the perspective of direct MSMEs. The design of this research is causality research with the object of batik UMKM in the administrative area of Surakarta City. The data used are primary data from questionnaires. Data analysis will be performed with Multiple Regression Analysis. With this research, it is hoped that there will be a contribution to increasing the effectiveness of the implementation of credit relaxation at MSMEs if there is a similar urgent situation.

Keywords


credit relaxation policy, the sustainability of MSMEs, the impact of the Corona Virus (Covid-19).

Full Text:

PDF

References


Álvarez, M. C. (2020).Covid-19 credit guarantees in the eurozone. Spanyol: Funcas. Dapat..diakses..pada..http://www.funcas.es/funcaseurope/pdf/080420_CovidMeasures_Carrion.pdf

Badan Pusat Statistik (2019). Kota Surakarta dalam Angka 2018. Surakarta: Badan Pusat Statistik.

Baker, T., & Judge, K. (2020). How to Help Small Businesses Survive COVID-19. Columbia Law and Economics Working Paper, (620).

Bank Indonesia (2016). Profil Bisnis Usaha Mikro, Kecil dan Menengah (UMKM).Jakarta: Bank Indonesia dan Lembaga Pengembangan Perbankan Indonesia.

Bartik, A. W., Bertrand, M., Cullen, Z. B., Glaeser, E. L., Luca, M., & Stanton, C. T. (2020). How are small businesses adjusting to COVID-19? Early evidence from a survey (No. w26989). National Bureau of Economic Research.

Bhattacharyya, R. (2020). COVID-19 Pandemic: Business Continuity Checklist.Dapat diakses..pada..https://conservancy.umn.edu/bitstream/handle/11299/212334/Business%20Continuity%20Checklist%20FINAL--editEP2020.04.09.pdf?sequence=1

Blanchard, O. (2020). What It Will Take to Save the Economy from COVID-19. Peterson Institute for International Economics, Washington, DC.

Budiyono, Pawar-Hole, S., Hole, Y., & Bhaskar, M.P., (2020). Global market challenges and their impact on businesses. International Journal of Control and Automation 13(2). 7-17.

Cucinotta, D., & Vanelli, M. (2020). WHO declares COVID-19 a pandemic. Acta bio-medica: Atenei Parmensis, 91(1), 157-160.

Didier, T., Huneeus, F., Larrain, M., & Schmukler, S. L. (2020). Financing Firms in Hibernation During the COVID-19 Pandemic. Research & Policy Brief No.30, World Bank Group.

T. F. Efendi, “ANALYSIS OF THE IMPLEMENTATION OF THE SIMPLE SALARY,” vol. 2020, no. 4, pp. 1363–1372, 2020.

Disemadi, H. S., & Shaleh, A. I. (2020). Banking credit restructuring policy amid COVID-19 pandemic in Indonesia. Jurnal Inovasi Ekonomi, 5(3).

Ghozali, I. (2013). Aplikasi Analisis Multivariate dengan Program SPSS. Semarang:Universitas Diponegoro

T. F. Efendi and M. Sidiq, “Analysis of Sales System Implementation in Primary Koperasi Tribuana II,” vol. 01, no. 03, pp. 3–6, 2020.

Hausmann, R. (2020). The Macroeconomic Implications of COVID-19 in our Partner Countries. Harvard University. Dapat diakses pada Centre for Development and Enterprise.

Loayza, N. V., & Pennings, S. (2020). Macroeconomic policy in the time of covid-19: A primer for developing countries.Presentation, World Bank Group.

D. Muliasari, “THE EFFECT OF PRODUCT PRICE AND PRODUCT QUALITY ON PURCHASING DECISIONS FOR SAMSUNG BRAND HANDPHONES AMONG STIE AAS SURAKARTA STUDENTS,” vol. 2019, no. 4, pp. 501–506, 2019.

Miller, M., Bastagli, F., Hart, T., Raga, S., Mustapha, S., Papadavid, P., ... & te Velde, D. W. (2020). Financing the coronavirus response in sub-Saharan Africa. Working paper 579, Overseas Development Institute (ODI). Dapat diakses pada https://www.odi.org/sites/odi.org.uk/files/resource-documents/coronavirus_working_paper_0.pdf

Oxford Analytica. (2020). South-east Asia needs external help to handle COVID-19. Emerald Expert Briefings, (oxan-db).

D. Thoi’in, Muhammad; Muliasari, “ANALYSIS OF WORK SATISFACTION, ORGANIZATIONAL COMMITMENTS, AND WORK ENGAGEMENT EFFFECT TOWARD EMPLOYEE PERFORMANCE IN SHARIA BANKS,” vol. 2020, no. 2, pp. 161–170, 2020.

Özatay, F., & Sak, G. (2020). What Can We Do to Manage the Economic Consequences of COVID-19?.TEPAV Policy Note, (202006).

Ozili, P. K., & Arun, T. (2020). Spillover of COVID-19: impact on the Global Economy. SSRN Paper 3562570.

Pemerintah Kota Surakarta (2020) Keputusan Walikota Surakarta Nomor 443.76/28 Tahun 2020 tentang Penetapan Status Kejadian Luar Biasa Corona Virus Disease (COVID-19) di Kota Surakarta.

Republik Indonesia (2020). Peraturan Pemerintah (PP) Nomor 21/2020 tentang Pembatasan Sosial Berskala Besar (PSBB).

Sekaran, U., & Bougie, R. (2013). Research Methods for Business. Edisi enam. Jakarta: Salemba Empat.




DOI: http://dx.doi.org/10.29040/jap.v21i02.1583

Refbacks

  • There are currently no refbacks.


Jurnal Akuntansi dan Pajak, ISSN 1412-629X l E-ISSN 2579-3055

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
web analytics