Distribution of Credit Linkage Program to Cooperatives Facing a Competitive ASEAN Economic Community

DOI

10.2991/aebmr.k.220204.027How to use a DOI?

Keywords

Cooperatives; Linkage Program; ASEAN Economic Community (AEC); Quadro Helix

Abstract

This study examines the implementation of the Linkage Program as access to MSMEs banking credit and to find and formulate arrangements to increase the competitiveness of MSMEs in facing the MEA. Legal entities formed collectively by the community in collaboration with the Regional Government in coaching and funding. It increases competitiveness so that domestic products can compete with foreign products. Cooperatives have a fundamental role in promoting economic independence and have become the mainstay of the lower middle class of society in improving the community’s economic welfare. The cooperative is given a loan directly by the bank to finance its members until the joint is large and can provide loans to banks. The method used for writing this journal is normative juridical. The type of normative legal research is research aimed at assessing the quality of the legal norms themselves, so normative legal research is often classified as qualitative research, with the object of research being cooperatives. Cooperatives prefer financing cooperation with SOEs through the Partnership Development scheme. The interest offered is lower than banks, no administrative fees are charged, and administration is more straightforward than banking. In addition, the Government can seek through a Quadro Helix approach involving the Government, Academics, Private Sector, and Community to increase the competitiveness capacity of the Cooperative.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - John Latumeten
AU  - Ujang Badru Jaman
AU  - Endah Pertiwi
PY  - 2022
DA  - 2022/02/10
TI  - Distribution of Credit Linkage Program to Cooperatives Facing a Competitive ASEAN Economic Community
BT  - Proceedings of the International Conference on Economics, Management and Accounting (ICEMAC 2021)
PB  - Atlantis Press
SP  - 255
EP  - 267
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220204.027
DO  - 10.2991/aebmr.k.220204.027
ID  - Latumeten2022
ER  -