Monitoring, Evaluation and Learning
Impact of the Global Financial Crisis in Households in Pekalongan, in Proceeding 6th Annual Workshop Bulletin of Monetary Economics and Banking, 6 September 2012, The Macroeconomic and Financial Resilience of Asian Emerging Market amid the Global Crisis. p. 366-367.
September 2012
Over the past few years, microbusinesses have been recognized as having an important role in improving the country's economy. Therefore, government institutions are expected to pay greater attention to microbusinesses.
Macro level data shows that Indonesia as well as Pekalongan City experienced an economic downturn due to the global financial crisis (GFC). Apart from this, however, there are also other local shocks which occurred in the city such as the closing of a factory due to internal mismanagement, batik’s competition shock, and the closing of the local fish trading place.
Results from the Community-Based Monitoring System (CBMS)–Economy and Environment Program for Southeast Asia (EEPSEA) research initiative dubbed “Support for Local Governments for Environmental Management in Southeast Asia Project” highlight how vulnerability mapping can help improve local government responses to climate change.
The urgent need for micro data to identify poverty conditions initially emerged from the high rate of program undercoverage and leakage that occurred in several poverty reduction programs in Indonesia. In additon, the decentralization era in Indonesia requires that local officials own disaggregated data for policy intervention.
