Abstract

This study attempts to evaluate the extent of the relationship between small, micro and medium enterprises (MSMEs) and the banking sector in executing economic development strategies in the Covid-19 epidemic era. A qualitative method using a case study approach is utilized to see the link between MSMEs and the banking sector in this study. The research was done in Palembang City with informants from Rural Banks (BPR), Palembang City Government, and MSME actors who issued loans to BPRs. This study indicates that there is a good interaction between BPR, Palembang City Government, and MSME actors in executing economic development strategies in the era of the Covid-19 pandemic. The assistance given by BPR and the City Government can allow MSMEs to tackle numerous challenges in the middle of a pandemic. Previous study has not often explored the interaction between the three stakeholders (MSMEs, Regional Governments, and the Banking Sector) in economic recovery in the age of the Covid-19 epidemic. Whereas the support offered to MSMEs might stimulate economic activity in a region.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.