Eurasia: Economics & Business (Mar 2022)

ANALYSIS OF VILLAGE FUND MANAGEMENT AND COMMUNITY WELFARE IN GIANYAR DISTRICT, INDONESIA

  • Nugraha P.A.D.,
  • Marhaeni A.A.I.N.

Journal volume & issue
Vol. 57, no. 3
pp. 38 – 50

Abstract

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Village Fund is one of the policies that aim to improve the welfare of the Indonesian people. Village fund policy issued in line with Indonesia's development goals in Nawacita, namely development from rural areas. Based on theoretical and empirical facts, the purpose of this study is to analyze (1) The Effect of Tri Hita Karana culture, the role of government, and community participation on village fund management, (2) The Effect of Tri Hita Karana culture, the role of government, community participation, and village fund management on community welfare, (3) The indirect influence of Tri Hita Karana culture, the role of government, and community participation on community welfare through village fund management, and (4) The existence of local village assistants in moderating The Effect of community participation on the village funds management. The location of this research is in Gianyar Regency with 128 respondents. Respondents of this research are representatives of the village government and community representatives in the Gianyar Regency. Data collection methods used were questionnaires and in-depth interviews. This study uses descriptive analysis and structural equation analysis (SEM) with the alternative partial least square PLS. The results of the analysis show that (1) Tri Hita Karana culture, the role of the government, and community participation had a significant effect on the village funds management; (2) Tri Hita Karana culture has no significant effect on community welfare, while the role of government, community participation, and village fund management has a significant impact on community welfare; (3) Tri Hita Karana culture and community participation indirectly significantly influence the welfare of the community through the management of village funds, while the role of the government does not significantly affect the welfare of the community through the village funds management; (4) the presence of local village facilitators moderates community participation in the village funds management.

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