Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia
Advocating the Ultra Micro-lending concept of Indonesia's Ministry of Finance in 2017 was a tumultuous nine-year process. The present paper aims to examine the Ultra Micro-lending (UMi) program conducted by the Ministry of Finance of Republic of Indonesia using Advocacy Coalition Framework. Thi...
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| Format: | Article |
| Language: | English |
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IAIN Surakarta
2021-04-01
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| Series: | Shirkah |
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| Online Access: | http://shirkah.or.id/new-ojs/index.php/home/article/view/412 |
| _version_ | 1797969635154329600 |
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| author | Nining I Soesilo |
| author_facet | Nining I Soesilo |
| author_sort | Nining I Soesilo |
| collection | DOAJ |
| description | Advocating the Ultra Micro-lending concept of Indonesia's Ministry of Finance in 2017 was a tumultuous nine-year process. The present paper aims to examine the Ultra Micro-lending (UMi) program conducted by the Ministry of Finance of Republic of Indonesia using Advocacy Coalition Framework. This paper showed that Advocacy Coalition Framework could moderate the interest groups' disagreement through seven steps as follows. First, relatively stable parameters of poverty need alleviation using better financial access with empowerment. Second, the external system is inspired by Grameen Bank as the winner of the Nobel Peace Prize. Third, removing constraints and resources of subsystem actors from the internal Ministry of Finance and the Parliaments. Fourth, creating consensus for getting the Ministry of Bureaucratic Reform's permit. Fifth, policy subsystem that coalesces the need of market-rate and subsidized rate to cater to 46.7 million grassroots entrepreneurs as a 'win-win' arrangement to complement the bank-based People's Business Credit (KUR). Sixth, policy outputs as the legal product of the UMi with a 7 Trillion State budget. Seventh, policy impact's measurement after one year piloting before UMi's scaling up. This paper has a significant contribution to enhancing the efficacy of UMi program, and as a continuous effort to ensure the economic development of the country. |
| first_indexed | 2024-04-11T03:04:25Z |
| format | Article |
| id | doaj.art-dd4cdf598be94cd4922ced9f74e0aa6b |
| institution | Directory Open Access Journal |
| issn | 2503-4235 2503-4243 |
| language | English |
| last_indexed | 2024-04-11T03:04:25Z |
| publishDate | 2021-04-01 |
| publisher | IAIN Surakarta |
| record_format | Article |
| series | Shirkah |
| spelling | doaj.art-dd4cdf598be94cd4922ced9f74e0aa6b2023-01-02T13:25:51ZengIAIN SurakartaShirkah2503-42352503-42432021-04-016111513610.22515/shirkah.v6i1.412100Advocacy Coalition Framework of Ultra Micro Loan Policymaking in IndonesiaNining I Soesilo0Faculty of Economics and Business, University of IndonesiaAdvocating the Ultra Micro-lending concept of Indonesia's Ministry of Finance in 2017 was a tumultuous nine-year process. The present paper aims to examine the Ultra Micro-lending (UMi) program conducted by the Ministry of Finance of Republic of Indonesia using Advocacy Coalition Framework. This paper showed that Advocacy Coalition Framework could moderate the interest groups' disagreement through seven steps as follows. First, relatively stable parameters of poverty need alleviation using better financial access with empowerment. Second, the external system is inspired by Grameen Bank as the winner of the Nobel Peace Prize. Third, removing constraints and resources of subsystem actors from the internal Ministry of Finance and the Parliaments. Fourth, creating consensus for getting the Ministry of Bureaucratic Reform's permit. Fifth, policy subsystem that coalesces the need of market-rate and subsidized rate to cater to 46.7 million grassroots entrepreneurs as a 'win-win' arrangement to complement the bank-based People's Business Credit (KUR). Sixth, policy outputs as the legal product of the UMi with a 7 Trillion State budget. Seventh, policy impact's measurement after one year piloting before UMi's scaling up. This paper has a significant contribution to enhancing the efficacy of UMi program, and as a continuous effort to ensure the economic development of the country.http://shirkah.or.id/new-ojs/index.php/home/article/view/412advocacy coalition frameworkdevelopment planning and policyfinancial markets and institutionsmicrofinancepolitical economyprovision and effects of welfare programs |
| spellingShingle | Nining I Soesilo Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia Shirkah advocacy coalition framework development planning and policy financial markets and institutions microfinance political economy provision and effects of welfare programs |
| title | Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia |
| title_full | Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia |
| title_fullStr | Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia |
| title_full_unstemmed | Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia |
| title_short | Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia |
| title_sort | advocacy coalition framework of ultra micro loan policymaking in indonesia |
| topic | advocacy coalition framework development planning and policy financial markets and institutions microfinance political economy provision and effects of welfare programs |
| url | http://shirkah.or.id/new-ojs/index.php/home/article/view/412 |
| work_keys_str_mv | AT niningisoesilo advocacycoalitionframeworkofultramicroloanpolicymakinginindonesia |