The role of local governments in traditional market revitalization

Abstract

This paper presents the discussion the role of local government in traditional market revitalization. It is obvious that traditional market contributes economically into a certain region. However, the existence of the traditional market is decreasing since there are modern markets that are fully facilitated by the government. In order to increase the economic standard of the traders, the government and the legislative revitalized the improper traditional market, without the participation of the society and the stakeholders. Government’s intention to revitalize the market is to increase local revenue. While the Legislative Council considered politically motivated by profit, rent-seeking. Restrictions on the aspirations of the traders in the revitalization cause resistance to the government. The traders wished to be recognized as part of the stakeholder. In the future, the market revitalization activities should involve the traders as the main actors who have received services from the government. Government as policy makers should consider as it partners in developing business traders and increase local revenues.