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All Journal Asian Journal of Management Analytics
Kaharuddin Kaharuddin
Institut Bisnis dan Teknologi Al Washliyah Sibolga
Decision Sciences, Operations Research & Management

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Implementation of Local Economic Management to Improve the Welfare of the People of Sibolga City Kaharuddin Kaharuddin; Fauziah Nur Simamora
Asian Journal of Management Analytics Vol. 5 No. 3 (2026): July 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v5i3.16669

Abstract

This study aims to analyze the implementation of local economic management in improving the welfare of the people of Sibolga City. The method used is qualitative with a case study approach through in-depth interviews, observations, and FGD on fishermen, market traders, MSME actors, and policy makers. The results of the study show that the implementation of local economic management is still sectoral and has not been integrated. The level of fishermen's welfare is relatively low with an average income of IDR 1,850,000 per month, while fostered MSME actors experience a 15-20% increase in income. The main inhibiting factors include weak coordination across agencies and lack of infrastructure. In conclusion, it is necessary to establish a local economic forum and prepare a regional regulation on people's economic empowerment to realize sustainable community welfare.
Co-Authors Fauziah Nur Simamora