Judul: Peranan Kredit Produktif UMKM dalam Perekonomian Indonesia: Pendekatan Makro dan Mikro.
Abstrak: The productive credit for micro, small and medium enterprise (MSME/UMKM) channelled through public credit program namely Kredit Usaha Rakyat (KUR) looks forward as a solution of capital shortage. The shortage is the main threat for UMKM and cooperation enterprise to run and expand their businesses. This study is aimed to identify the imapct of productive credit KUR the economic performance as shown by output increase in GDP or national economic growth, capitalization, people’s income, labor absorption, and impact optimality. Moreover, the study provides suggestions and or recommendations for the program improvement in the future. The study accompplishes the macroeconomy and microeconomy analysis. The macro analysis exercise uses the Indonesian Financial SAM (F-SAM) of 2005 base year model and secondary data of the program KUR. On the other hand, the micro analysis utilizes primary data in a cross section econometric model and cross tab analysis. The primary data is obtained from field survey to the businessmen in six districts, Jakarta Selatan Municipality, Tangerang Selatan Municipality, Bogor Regency, Kudus Regency, Sidoarjo Regency, and Sleman Regency. The macroeconomic analysis shows that credit allocation by KUR can increase economic growth by 0.59 percent, provide more capital by 2,93 percent, raise employment opportunities by 0.55 percent, and rise income by 0.5 percent. The simulation results on the most optimal KUR program when major of credit allocation is for the non financial enterprise. The microeconomic analysis, in addition, shows two advantages of the program in comparison with the non KUR program. The advantages are faster credit disbursement and reduction in urban bias of credit channeling. The productive credit also provides evidence of positive impact on the business revenue, profits, capitalization, and labor. Thus, the most significant impact on increase of labor absorption by productive credit UMKM is an evidence of its efficiency to reduce unempoyment and poverty alleviation in the long term.
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Judul: Analisis Dampak Penyaluran Kredit Usaha Rakyat (KUR) terhadap Peningkatan Skala UMKM (Studi Kasus Bank BRI Cabang XYZ Kota Bogor)
Abstrak: Di Indonesia jumlah usaha mikro kecil dan menengah (UMKM) terus mengalami pertumbuhan. Pertumbuhan UMKM tidak lepas dari berbagai permasalahan. Salah satu permasalahan yang sering dihadapi oleh pelaku usaha adalah permodalan. Pemerintah menangani permasalahan tersebut dengan mengeluarkan kebijakan Kredit Usaha Rakyat (KUR). Penelitian bertujuan untuk menganalisis dampak penyaluran KUR terhadap peningkatan skala UMKM dan mengetahui faktor-faktor yang memengaruhi peningkatan skala UMKM di Kota Bogor. Metode yang digunakan adalah analisis deskriptif, uji t-berpasangan (paired t-test) dan metode Ordinary Least Square (OLS). Hasil uji-t berpasangan menunjukan terdapat peningkatan yang signifikan antara jumlah aset, omzet dan tenaga kerja antara sebelum diberikan pinjaman dengan sesudah mendapatkan pinjaman KUR. Hasil analisis dengan metode OLS menunjukan bahwa besar pinjaman dan jangka waktu pinjaman berpengaruh signifikan terhadap perkembangan omzet usaha responden.
Keyword: Kredit Usaha Rakyat (KUR), Usaha Mikro Kecil dan Menengah (UMKM)

Judul: Embriogenesis ikan buta (Astyanax fasciatus)
Abstrak: Ikan buta Astyanax fasciatus adalah spesies ikan unik dari famili Characidae yang menempati perairan dalam gua di Wilayah La Cueva Chica-San Luis Potasi-Mexico. Ikan ini memiliki mata yang tereduksi (Blind Cavefish) dan warna kulit merah muda, pucat serta mengkilap.
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