Build the village economy: A systematic review on academic publication of Indonesian village-owned

AbstractThe Village-Owned Enterprises (VOE) are established with the capital provided by the central government of Indonesia, managed by the village government in collaboration with the self-reliant rural community in terms of the economy, but not optimal in operation. On the other hand, in the four...

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Main Authors: Nasfi, Hasdi Aimon, Sri Ulfa Sentosa
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Social Sciences
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311886.2023.2252682
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author Nasfi
Hasdi Aimon
Sri Ulfa Sentosa
author_facet Nasfi
Hasdi Aimon
Sri Ulfa Sentosa
author_sort Nasfi
collection DOAJ
description AbstractThe Village-Owned Enterprises (VOE) are established with the capital provided by the central government of Indonesia, managed by the village government in collaboration with the self-reliant rural community in terms of the economy, but not optimal in operation. On the other hand, in the fourth quarter of 2022 the Indonesian economy is growing, with more than half growing in Java, while poverty is increasing in rural Indonesia. Throughout 2022 VOEs have not been operating at their maximum potential. These issues should have been addressed with the establishment of VOEs. The aim of this research is providing a formula for the village government to develop the rural economy through the presence of VOEs. The research methodology follows the Preferred Reporting Items for Systematic Review and Meta-Analyses (PRISMA) guidelines. The materials used in this paper were collected online from existing publications. This paper presents a systematic literature review (SLR) of VOEs, classifying the literature into three system-based themes: antecedents, processes, and consequences. The research findings indicate that VOEs have limited operations in rural areas due to financial constraints and local leadership issues. Consequently, BUMDes operations damage the rural environment for the sake of economic improvement activities. The aim of this research is providing a formula for the village government to develop the rural economy through the presence of VOEs. The recommendation is to introduce further research that can expand the boundaries in developing environmentally sustainable VOEs in the future, without destroying the natural environment for the sake of improving the rural economy.
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spelling doaj.art-9ed76755ebe84cfea4028134611b5d432023-12-12T12:45:37ZengTaylor & Francis GroupCogent Social Sciences2331-18862023-12-019210.1080/23311886.2023.2252682Build the village economy: A systematic review on academic publication of Indonesian village-ownedNasfi0Hasdi Aimon1Sri Ulfa Sentosa2Faculty of Economics, Padang State University, Padang, IndonesiaFaculty of Economics, Padang State University, Padang, IndonesiaFaculty of Economics, Padang State University, Padang, IndonesiaAbstractThe Village-Owned Enterprises (VOE) are established with the capital provided by the central government of Indonesia, managed by the village government in collaboration with the self-reliant rural community in terms of the economy, but not optimal in operation. On the other hand, in the fourth quarter of 2022 the Indonesian economy is growing, with more than half growing in Java, while poverty is increasing in rural Indonesia. Throughout 2022 VOEs have not been operating at their maximum potential. These issues should have been addressed with the establishment of VOEs. The aim of this research is providing a formula for the village government to develop the rural economy through the presence of VOEs. The research methodology follows the Preferred Reporting Items for Systematic Review and Meta-Analyses (PRISMA) guidelines. The materials used in this paper were collected online from existing publications. This paper presents a systematic literature review (SLR) of VOEs, classifying the literature into three system-based themes: antecedents, processes, and consequences. The research findings indicate that VOEs have limited operations in rural areas due to financial constraints and local leadership issues. Consequently, BUMDes operations damage the rural environment for the sake of economic improvement activities. The aim of this research is providing a formula for the village government to develop the rural economy through the presence of VOEs. The recommendation is to introduce further research that can expand the boundaries in developing environmentally sustainable VOEs in the future, without destroying the natural environment for the sake of improving the rural economy.https://www.tandfonline.com/doi/10.1080/23311886.2023.2252682environmentempowermententrepreneurshipparticipationvillage government
spellingShingle Nasfi
Hasdi Aimon
Sri Ulfa Sentosa
Build the village economy: A systematic review on academic publication of Indonesian village-owned
Cogent Social Sciences
environment
empowerment
entrepreneurship
participation
village government
title Build the village economy: A systematic review on academic publication of Indonesian village-owned
title_full Build the village economy: A systematic review on academic publication of Indonesian village-owned
title_fullStr Build the village economy: A systematic review on academic publication of Indonesian village-owned
title_full_unstemmed Build the village economy: A systematic review on academic publication of Indonesian village-owned
title_short Build the village economy: A systematic review on academic publication of Indonesian village-owned
title_sort build the village economy a systematic review on academic publication of indonesian village owned
topic environment
empowerment
entrepreneurship
participation
village government
url https://www.tandfonline.com/doi/10.1080/23311886.2023.2252682
work_keys_str_mv AT nasfi buildthevillageeconomyasystematicreviewonacademicpublicationofindonesianvillageowned
AT hasdiaimon buildthevillageeconomyasystematicreviewonacademicpublicationofindonesianvillageowned
AT sriulfasentosa buildthevillageeconomyasystematicreviewonacademicpublicationofindonesianvillageowned