The Influence and Relation between Interest Rates, Tight Monetary Policy, the Growth and Development of Micro, and Small and Medium Enterprises

Sitio, Raston and Widyaningrum, Meiyanti and Mardiana, Harisa and Fatmasari, Rhini (2020) The Influence and Relation between Interest Rates, Tight Monetary Policy, the Growth and Development of Micro, and Small and Medium Enterprises. In: Business And Management Issues In The Global And Digital Era Indonesian Perspectives. Nova Science Publishers, Inc., New York, pp. 143-154. ISBN 978-623-7707-26-4

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Abstract

The importance of this research is to determine whether the interest rates and tight monetary policy set by Indonesian banks create obstacles for micro and small and medium enterprise (SMEs). Often when micro and SMEs face difficulties, they tend to blame interest rates and tight monetary policy. As a result, this paper seeks to research the influence of and relationship between interest rates and tight monetary policy on the growth and development of micro and SMEs. This paper uses the case study method with a quantitative and semi-structured qualitative method. The research object consists of 192 respondents from street peddlers in West Jakarta. Data was collected via observation, questionnaires, and interviews. The results revealed an influence of and relationship between interest rates, tight monetary policy, and the growth and development of micro and SMEs. Furthermore, the results showed that the micro and SMEs program is wellsuited as a twenty-first-century program for the Indonesian economy.

Item Type: Book Section
Additional Information (ID): 22/BS0021.pdf
Uncontrolled Keywords: Business And Management
Subjects: 600 Technology and Applied Sciences > 650-659 Management and Auxiliary Service (Manajemen dan Ilmu yang Berkaitan) > 650 Business (Bisnis)
Divisions: Koleksi Digital > Artikel
Depositing User: CR Cherrie Rachman
Date Deposited: 16 Nov 2022 07:05
Last Modified: 23 Nov 2022 01:20
URI: http://repository.ut.ac.id/id/eprint/10100

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