Asian Journal of Management Analytics
Vol. 5 No. 3 (2026): July 2026

Implementation of Local Economic Management to Improve the Welfare of the People of Sibolga City

Kaharuddin Kaharuddin (Institut Bisnis dan Teknologi Al Washliyah Sibolga)
Fauziah Nur Simamora (Univetsitas Muhammadiyah Tapanuli Selatan)



Article Info

Publish Date
29 Jul 2026

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.

Copyrights © 2026






Journal Info

Abbrev

ajma

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

The Asian Journal of Management Analytics (AJMA) is a journal focused on the theory and application of data analytics and its applications in contemporary business, economics, and management disciplines. These disciplines include accounting, finance, management, marketing, economics ...