Integration of BUMD and BUMDes to Maximize Existing Potential in Indonesia

Karina Kurniawati H, Salsa Wirabuana Dewi, Usman Fathoni, Keren Yuni S., Putri Selfi W. R.

2019

Abstract

Since the Law of the Republic of Indonesia number 6 of 2014 concerning Village has been ratified on January 15th, 2014, Indonesia has BUMDes as coordinating institution for the welfare of society especially in the village. One of the purposes of the government ratification on the Law of the Republic of Indonesia number 6 of 2014 is to advance the economy of village society and overcome the national development gap. In 2015, when Indonesia agreed to join the 2030 Agenda for Sustainable Development Goals proposed by United Nations, there are two points of Sustainable Development Goals (SDGs) which are in line with the Law of the Republic of Indonesia number 6 of 2014. The two points are; Decent Work and Economic Growth (point number 8) and Reduced Inequalities (point number 10). Unfortunately, after a couple of years of implementation, the researchers still cannot see satisfactory results that many are expecting from the application of the newly ratified law even after the government has given a quite significant amount of fund to each village since the ratification of the law in 2014. The researchers found that the lack of clear objectives and mentorship from more experienced organizations as well as systematic operational procedures that many of these newly found BUMDes are experiencing may have contributed to the slow process of these BUMDes growths.

Paper Citation

in Harvard Style

H K., Dewi S., Fathoni U., Yuni S. K. and Selfi W. R. P. (2019). Integration of BUMD and BUMDes to Maximize Existing Potential in Indonesia.In Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB, ISBN 978-989-758-408-4, pages 562-567. DOI: 10.5220/0008433705620567

in Bibtex Style

@conference{icib19,
author={Karina Kurniawati H and Salsa Wirabuana Dewi and Usman Fathoni and Keren Yuni S. and Putri Selfi W. R.},
title={Integration of BUMD and BUMDes to Maximize Existing Potential in Indonesia},
booktitle={Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB,},
year={2019},
pages={562-567},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008433705620567},
isbn={978-989-758-408-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Inclusive Business in the Changing World - Volume 1: ICIB,
TI - Integration of BUMD and BUMDes to Maximize Existing Potential in Indonesia
SN - 978-989-758-408-4
AU - H K.
AU - Dewi S.
AU - Fathoni U.
AU - Yuni S. K.
AU - Selfi W. R. P.
PY - 2019
SP - 562
EP - 567
DO - 10.5220/0008433705620567