Model and Orientation of Economic Development During Covid-19 Pandemic: Case Study of MSMEs in Indonesia

DOI

10.2991/assehr.k.210125.066How to use a DOI?

Keywords

economic development, productive economy, community empowerment, MSMEs

Abstract

Pandemic virus corona not just a virus known as Covid-19 has caused turmoil in the economic sector. Not only large industries, the corona virus pandemic has made MSME players in Indonesia nervous. Especially recently, a study said that if Covid-19 occurs in a long period of time, it will make Indonesia experience a decrease in the percentage of economic growth by 0.1% in Indonesia. 2020. There are real impacts that will be received, especially by the MSME sector in Indonesia. If we don’t look for a solution to the problems that occur, the Covid-19 pandemic outbreak will be the blow of a tremendous wave of poverty against this nation. UMKM which dominates the nation’s economic actors up to 91 percent is the largest portion that contributes to the welfare of the community. It can also be said, if MSMEs collapse, it will be the same as the destruction of Indonesian society. So that serious attention to saving MSMEs is a must. By using Google Trends analysis, we can find a suitable model of economic development future outbreaks covid-19 is the concept of economies oriented to the development of SMEs to economic development to businesses that use labor-intensive. The results of this study indicate that the empowerment of MSMEs can increase economic growth. This research can be used as input for policy makers and economic activity actors to be able to survive and the economy to remain stable during the Covid-19 pandemic in addition to being an additional reference for developing economic concepts to improve people’s lives.

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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TY  - CONF
AU  - Apridar
AU  - Rita Meutia
PY  - 2021
DA  - 2021/01/26
TI  - Model and Orientation of Economic Development During Covid-19 Pandemic: Case Study of MSMEs in Indonesia
BT  - Proceedings of the International Conference on Social Science, Political Science, and Humanities (ICoSPOLHUM 2020)
PB  - Atlantis Press
SP  - 392
EP  - 401
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210125.066
DO  - 10.2991/assehr.k.210125.066
ID  - 2021
ER  -