Proceedings of the 2nd International Conference on Administration Science 2020 (ICAS 2020)

Post-Pandemic National Economic Recovery:

SMEs as the key of success

Authors
Karnida Retta Ginting, Galuh Pancawati
Corresponding Author
Karnida Retta Ginting
Available Online 1 July 2021.
DOI
10.2991/assehr.k.210629.006How to use a DOI?
Keywords
pandemic, SMEs, economic policy
Abstract

The existence of SMEs is vital in the Indonesian economy, it is recorded that the number of SMEs has reached 64.19 million units or 99% of the total business units in Indonesia. SMEs employ more than 116 million workers or 97% of the total workforce in the economic sector. SMEs contributed 60.34% of the total national GDP, 14.17% of total exports and 58.18% of total investment. The Covid-19 pandemic has an impact on the national economy including the existence of SMEs. The data shows that 82.9% of SMEs were affected by the Covid-19 Pandemic, seen from the decrease in the number of sales of MSME products. The government realizes that the existence of SMEs must be fought for. The economic recovery policy is a solution offered by the government, which is realized through PEN (National Economic Recovery). SMEs economic policy through PEN is seen from four aspects, communication, resources, disposition, and bureaucracy. The results showed that the PEN policy had an impact on improving the economy of SMEs. This can be seen from the number of recipients of the KUR (People’s Business Credit) subsidy of 5 million customers. Communication indicators play a significant role in the successful implementation of PEN. the obstacles are related to red tape bureaucracy, such as a rigidness and being not flexible, anda too many administrative procedure.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Conference on Administration Science 2020 (ICAS 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
1 July 2021
ISBN
10.2991/assehr.k.210629.006
ISSN
2352-5398
DOI
10.2991/assehr.k.210629.006How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Karnida Retta Ginting
AU  - Galuh Pancawati
PY  - 2021
DA  - 2021/07/01
TI  - Post-Pandemic National Economic Recovery:
BT  - Proceedings of the 2nd International Conference on Administration Science 2020 (ICAS 2020)
PB  - Atlantis Press
SP  - 25
EP  - 29
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210629.006
DO  - 10.2991/assehr.k.210629.006
ID  - Ginting2021
ER  -