Eurasia: Economics & Business (Apr 2023)

OPTIMIZING ECONOMIC DEVELOPMENT IN RURAL COMMUNITIES: A CASE STUDY OF FUND MANAGEMENT IN OEPARIGI VILLAGE OF NOEMUTI DISTRICT, NORTH CENTRAL TIMOR REGENCY, INDONESIA

  • Sinu I.,
  • Abdurrahman M.,
  • Nainiti S.P.N.,
  • Nendissa D.R.

Journal volume & issue
Vol. 70, no. 4
pp. 17 – 29

Abstract

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Indonesia, with 43.3% of its population, is a relatively poor rural population, so village development in Indonesia remains an important consideration. The progress of villages in Indonesia is an indicator of progress in Indonesia's development. The concept of rural development in Indonesia is focused on the agricultural, fishery, and livestock sectors. The development of rural primary sectors in Indonesia has not yet provided satisfactory answers to the development targets set by the Indonesian government so far, with capital as an obstacle. This paper is the result of research with an economic anthropological approach. This approach is directed at analyzing the socio-economic dynamics of the Oeperigi villagers. Village funds received by the village of Oeperigi have more or less affected the social and economic dynamics of the Oepegiri villagers. To analyze the socio-economic dynamics of the Oeperigi villagers a structural approach is used, namely the economic structure of the Oeperigi villagers which is believed to be changing more rapidly with the influx of village funds to provide answers to the classic problems experienced by rural communities, namely the issue of development costs. The management of village funds in the village of Oeperigi, Nemuti District, North Central Timor District, for almost five years has had little effect on improving the economic structure of the Oeperigi village community. Allocation of village funds for economic empowerment in the fields of agriculture, animal husbandry, home industry, and tourism is less able to advance these sectors with the main obstacle being local politics, in this case, the policies of the village government which are less impartial; and a culture of being reluctant to sell their own products.

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