International Journal of Economics, Commerce, and Management
Vol. 2 No. 1 (2025): January : International Journal of Economics, Commerce, and Management

The Role of Traditional Markets in Improving the Economy of the Community in Indonesia

Cahya, Septyan Budy (Unknown)
Waspodo Tjipto Subroto (Unknown)
Norida Canda Sakti (Unknown)



Article Info

Publish Date
07 Jan 2025

Abstract

Traditional markets play an important role in the local economy in Indonesia, especially in creating jobs, income distribution, and preserving culture. This study uses a Systematic Literature Review (SLR) approach to analyze literature related to the role of traditional markets in improving the economy of people in Indonesia. Through the analysis of relevant scientific articles, it was found that traditional markets contribute to the informal sector, creating jobs, reducing economic disparities, strengthening social networks, and preserving local traditions and culture. However, challenges such as competition with modern markets and inadequate infrastructure are the main obstacles to the sustainability of traditional markets. This study recommends that revitalizing traditional markets through modernizing facilities, empowering traders, and implementing digital technology should be a policy priority to support inclusive and sustainable local economic development.

Copyrights © 2025






Journal Info

Abbrev

IJECM

Publisher

Subject

Decision Sciences, Operations Research & Management Social Sciences

Description

Topics in this journal relate to any aspect of management, but are not limited to the following topics: Human Resource Management, Financial Management, Marketing Management, Public Sector Management, Operational Management, Supply Chain Management, Corporate Governance, Business Ethics, Management ...