The Economics of Rotating Savings and Credit Associations (ROSCAs) and Poverty in Indonesia

Kharisma, Bayu; Remi, Sutyastie Soemitro; Hadiyanto, Ferry; Saputra, Andhika Dwi

doi:10.21831/economia.v16i1.30308

Cited by 9 publications

(10 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The results in Table 5 show that participation in arisan (ROSCAs) is proven to be able to reduce the level of poverty in Indonesia. The results of this study are supported by the research by Kharisma et al (2020) showing that arisan can be used as a tool to reduce poverty levels. Individuals or households can use the money earned from arisan (ROSCAs) for various purposes, such as adding assets, expanding business capital, etc.…”

Section: Resultssupporting

confidence: 77%

Do Household Financial Behaviors affect Poverty in Indonesia?: Evidence from Indonesian Family Life Survey

Wardhono

Nasir

2022

JESP

View full text Add to dashboard Cite

Poverty is a multidimensional phenomenon that can be measured by variety of approaches. The measurements of poverty based on consumption levels are not sufficient to explain various shortcomings faced by the poor. Household financial behavior that tends to be dynamic will indirectly affect household income patterns. Using data from the Indonesian Family Life Survey (IFLS) wave 5, this study aimed to identify the impact of household financial behavior on poverty in Indonesia. The results of analysis using Tobit Regression showed that the levels of financial vulnerability, financial literacy, education level, arisan or the rotating economy of savings and credit associations (ROSCAs), and total credit have a negative, significant relationship in influencing poverty. This means that when this variable increases, it will reduce poverty in Indonesia. Meanwhile, the location of residence, either in village or city, has a positive, significant relationship which implies that the location of residence has an impact on the poverty level in Indonesia.

show abstract

Section: Resultssupporting

confidence: 77%

Do Household Financial Behaviors affect Poverty in Indonesia?: Evidence from Indonesian Family Life Survey

Wardhono

Nasir

2022

JESP

View full text Add to dashboard Cite

show abstract

“…There is a form of social gathering and microfinance for communities through rotating savings that have long been a part of the socio-economic culture amongst communities. The rotating savings and credit associations, arisan , are the most popular informal associations in Indonesia for mutual savings (Kharisma et al, 2020). Like arisan in various ways, a waste bank is also a platform for social gatherings at the community level.…”

Section: Resultsmentioning

confidence: 99%

Socio-economic impacts of the COVID-19 pandemic on waste bank closed-loop system in Surabaya, Indonesia

et al. 2021

View full text Add to dashboard Cite

The COVID-19 pandemic has caused most waste recycling activities to be terminated due to several factors, such as concerns about the spread of coronavirus through the collected solid waste. This study investigates the socio-economic impact of the situation of the closed-loop system of solid waste recycling. Several recommendations for tackling this problem are presented in this research. Primary data collection for the waste bank and informal recycling sector was carried out in the eastern part of Surabaya during large-scale social restrictions. In-depth interviews were conducted with waste bank customers, waste bank unit representatives and the informal recycling sector to understand the pandemic’s socio-economic impact on the closed-loop system. Results show that this pandemic has significant impacts on individuals and stakeholders engaged in waste recycling activities. Customers of waste banks, who mostly belong to low-income communities, mentioned that the waste bank closure gave rise to social and economic problems, such as increasing unmanaged solid waste and decreasing income. This result also applied to the informal recycling sector. The government can use the recommendations in this study to generate related policies, such as enforcing the health protocol within solid waste management to keep the recycling system in place and the business alive.

show abstract

“…Unlike the approach used in previous research, this study uses a consistent approach to isolate all observed and unobservable determinants of village meeting. Vanadharajan's [23] research used IFLS-2 (1997) cross-section data, while Lasagni and Lollo [24] used IFLS-3 (2000) and IFLS-4 (2007). The two studies on village meeting in Indonesia did not anticipate the possibility of an unobserved factor effect that could potentially produce a biased estimator.…”

Section: Discussionmentioning

confidence: 99%

Household Participations and Sustainable Development Programs: Social Impact of Government Assistance in Indonesia

Rasyid¹,

Kristina²,

Wantara³

et al. 2023

IJSDP

View full text Add to dashboard Cite

This study aims to evaluate the impact of government funding on household members' participation in social activities. The data used in this study comes from the publication of the Indonesia Family Life Survey (IFLS) which contains information on aspects of household life in Indonesia, including social activities The main problem in household economic analysis is too many determinants of social activity at both the household and community levels. As a result, there are many confounding factors at the household and community level. Therefore, to isolate the effect of un-observed heterogeneity at the household level, this study uses a First-Difference approach. Meanwhile, to overcome the possibility of bias at the community level, this study uses a community-level Fixed-Effect approach. The combination of First Difference (FD) and Fixed Effect (FE) to isolate various external determinants in the model is an important innovation in this research. The results of the study show that households that receive government assistance are more involved in social activities. For this reason, appropriate government assistance can be used to increase community participation in development. This research in the future can still be developed by expanding the scope of social activities analyzed.

show abstract

The Economics of Rotating Savings and Credit Associations (ROSCAs) and Poverty in Indonesia

Cited by 9 publications

References 0 publications

Do Household Financial Behaviors affect Poverty in Indonesia?: Evidence from Indonesian Family Life Survey

Do Household Financial Behaviors affect Poverty in Indonesia?: Evidence from Indonesian Family Life Survey

Socio-economic impacts of the COVID-19 pandemic on waste bank closed-loop system in Surabaya, Indonesia

Household Participations and Sustainable Development Programs: Social Impact of Government Assistance in Indonesia

Contact Info

Product

Resources

About