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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Autor principal:	Nining I Soesilo
Formato:	article
Lenguaje:	EN
Publicado:	IAIN Surakarta 2021
Materias:	advocacy coalition framework development planning and policy financial markets and institutions microfinance political economy provision and effects of welfare programs Business HF5001-6182 Banking HG1501-3550
Acceso en línea:	https://doaj.org/article/dd4cdf598be94cd4922ced9f74e0aa6b
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spelling	oai:doaj.org-article:dd4cdf598be94cd4922ced9f74e0aa6b2021-11-24T01:57:55ZAdvocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia2503-42352503-424310.22515/shirkah.v6i1.412https://doaj.org/article/dd4cdf598be94cd4922ced9f74e0aa6b2021-04-01T00:00:00Zhttp://shirkah.or.id/new-ojs/index.php/home/article/view/412https://doaj.org/toc/2503-4235https://doaj.org/toc/2503-4243Advocating 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.Nining I SoesiloIAIN Surakartaarticleadvocacy coalition frameworkdevelopment planning and policyfinancial markets and institutionsmicrofinancepolitical economyprovision and effects of welfare programsBusinessHF5001-6182BankingHG1501-3550ENShirkah Journal of Economics and Business , Vol 6, Iss 1, Pp 115-136 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	advocacy coalition framework development planning and policy financial markets and institutions microfinance political economy provision and effects of welfare programs Business HF5001-6182 Banking HG1501-3550
spellingShingle	advocacy coalition framework development planning and policy financial markets and institutions microfinance political economy provision and effects of welfare programs Business HF5001-6182 Banking HG1501-3550 Nining I Soesilo Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia
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.
format	article
author	Nining I Soesilo
author_facet	Nining I Soesilo
author_sort	Nining I Soesilo
title	Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia
title_short	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_sort	advocacy coalition framework of ultra micro loan policymaking in indonesia
publisher	IAIN Surakarta
publishDate	2021
url	https://doaj.org/article/dd4cdf598be94cd4922ced9f74e0aa6b
work_keys_str_mv	AT niningisoesilo advocacycoalitionframeworkofultramicroloanpolicymakinginindonesia
_version_	1718416064653557760

Advocacy Coalition Framework of Ultra Micro Loan Policymaking in Indonesia

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