Suryo Nugroho | Asian Development Bank Institute (original) (raw)

Papers by Suryo Nugroho

Small medium enterprises (SMEs) play a significant role in Indonesia by having a high contributio... more Small medium enterprises (SMEs) play a significant role in Indonesia by having a high contribution to employment growth, GDP and also to net exports, which makes them potentially important for the economic development of Indonesia. However, despite their importance to national economic growth, SMEs’ growth is having a problem with lack of strong foundation and also growth cycle. The analysis shows that limitation to financial access and SMEs’ lack of innovation and business knowledge are the major constraints for the SMEs. This paper will analyze the impact and also limitation of one Indonesian government initiative to support the financial access to SMEs that is called Kredit Usaha Rakyat (KUR). After that, this paper will also analyze the possibility of implementing Hometown Investment Trust Fund in Indonesia as an alternative source of funds to overcome the SMEs’ issue of limitation to finance. And then in order to tackle the issue of lack of innovation, this paper will discuss t...

Organized by the Asian Development Bank and the Asian Development Bank Institute. Agriculture is ... more Organized by the Asian Development Bank and the Asian Development Bank Institute. Agriculture is one of the most important sectors for the development of countries in Central Asia and the Caucasus (CAC) region.1 It supports the livelihoods of the majority of the population in rural areas and significantly contributes to food security in this region. The sector also generates employment for peoples of the region, with a share ranging from 24.2% in Kazakhstan to 51.7% in Georgia. Although the share of gross domestic product (GDP) generated by the agriculture sector has generally declined in the region since 2000 (Figure 1), the agriculture sector still comprises a large share of GDP in Tajikistan (27.2%), Armenia (21.7%), Uzbekistan (18.8%), and the Kyrgyz Republic (16.6%) (ADB 2015).

Key points • The economies in Asia and the Pacific are exposed to disaster risks, which can cause... more Key points • The economies in Asia and the Pacific are exposed to disaster risks, which can cause fatalities as well as economic losses. One strategy to mitigate the economic losses and strengthen financial resilience to disasters is developing disaster risk financing. • There are two policy options in implementing disaster risk financing: public sector and private sector disaster risk financing tools. Each option has challenges that need to be addressed for them to be effectively implemented. • Two possible strategies could be pursued for overcoming the implementation challenges of disaster risk financing: the establishment of institutional arrangements for a combined public– private response to disaster risk financing and the development of a state-sponsored disaster insurance scheme. No. 2017-1 (January)

Indonesia is a middle-income nation experiencing consistent growth rate at about 5% for the last ... more Indonesia is a middle-income nation experiencing consistent growth rate at about 5% for the last few years, has been a better economic performer than some of its neighboring nations. However, this country is lagging behind when it comes to reaching certain Millennium Development Goal (MDG) targets. The enrollment rate in Early Childhood Education and Development programs (ECED) in Indonesia was particularly poor. This is predominantly because the existing ECED programs are fiscally constrained, and lack efficient execution. To address these issues a framework to execute ECED projects across 20,000 villages of Indonesia using Social Impact Bonds (SIBs) is proposed in this paper. Project feasibility with respect to different parameters is discussed. Cost-benefit calculations were made to check the financial feasibility of the project. Efficiency gains, which can be obtained by using Social Impact Bonds, are discussed.

Keywords: Early Childhood Education and Development, Millennium Development Goal, Development, Education, Social Impact Bond.

Economic Development and the Growth of Small-Medium Enterprises in Indonesia: A Hometown Investment Trust Fund Approach, Jan 11, 2016

SMEs play a significant role by having a high contribution to employment growth, GDP and also to ... more SMEs play a significant role by having a high contribution to employment growth, GDP and also to net exports in Indonesia, which makes them potentially important for the economic development of Indonesia. However, despite their importance to the national economic growth, the SMEs growth is having a problem with lack of establishment and also growth cycle. The analysis shows that limitation to financial access and SMEs’ lack of innovation and business knowledge are the major constraint for the SMEs.

This paper will analyze the impact and also limitation of one Indonesian government initiative to support the financial access to SMEs that is called Kredit Usaha Rakyat (KUR). After that, this paper will also analyze the possibility of implementing Hometown Investment Trust Fund in Indonesia as an alternative source of funds to overcome the SMEs’ limitation to finance issue. And then in order to tackle the issue of lack of innovation, this paper will discuss the possibility of integrating Hometown Investment Trust Fund with the university and cooperative as its business operator to enhance the growth of SMEs both in urban and rural areas.

Keywords: SMEs, hometown investments trust fund, financial inclusion, access to finance, innovation, rural development.

Small medium enterprises (SMEs) play a significant role in Indonesia by having a high contributio... more Small medium enterprises (SMEs) play a significant role in Indonesia by having a high contribution to employment growth, GDP and also to net exports, which makes them potentially important for the economic development of Indonesia. However, despite their importance to national economic growth, SMEs’ growth is having a problem with lack of strong foundation and also growth cycle. The analysis shows that limitation to financial access and SMEs’ lack of innovation and business knowledge are the major constraints for the SMEs. This paper will analyze the impact and also limitation of one Indonesian government initiative to support the financial access to SMEs that is called Kredit Usaha Rakyat (KUR). After that, this paper will also analyze the possibility of implementing Hometown Investment Trust Fund in Indonesia as an alternative source of funds to overcome the SMEs’ issue of limitation to finance. And then in order to tackle the issue of lack of innovation, this paper will discuss t...

Organized by the Asian Development Bank and the Asian Development Bank Institute. Agriculture is ... more Organized by the Asian Development Bank and the Asian Development Bank Institute. Agriculture is one of the most important sectors for the development of countries in Central Asia and the Caucasus (CAC) region.1 It supports the livelihoods of the majority of the population in rural areas and significantly contributes to food security in this region. The sector also generates employment for peoples of the region, with a share ranging from 24.2% in Kazakhstan to 51.7% in Georgia. Although the share of gross domestic product (GDP) generated by the agriculture sector has generally declined in the region since 2000 (Figure 1), the agriculture sector still comprises a large share of GDP in Tajikistan (27.2%), Armenia (21.7%), Uzbekistan (18.8%), and the Kyrgyz Republic (16.6%) (ADB 2015).

Key points • The economies in Asia and the Pacific are exposed to disaster risks, which can cause... more Key points • The economies in Asia and the Pacific are exposed to disaster risks, which can cause fatalities as well as economic losses. One strategy to mitigate the economic losses and strengthen financial resilience to disasters is developing disaster risk financing. • There are two policy options in implementing disaster risk financing: public sector and private sector disaster risk financing tools. Each option has challenges that need to be addressed for them to be effectively implemented. • Two possible strategies could be pursued for overcoming the implementation challenges of disaster risk financing: the establishment of institutional arrangements for a combined public– private response to disaster risk financing and the development of a state-sponsored disaster insurance scheme. No. 2017-1 (January)

Indonesia is a middle-income nation experiencing consistent growth rate at about 5% for the last ... more Indonesia is a middle-income nation experiencing consistent growth rate at about 5% for the last few years, has been a better economic performer than some of its neighboring nations. However, this country is lagging behind when it comes to reaching certain Millennium Development Goal (MDG) targets. The enrollment rate in Early Childhood Education and Development programs (ECED) in Indonesia was particularly poor. This is predominantly because the existing ECED programs are fiscally constrained, and lack efficient execution. To address these issues a framework to execute ECED projects across 20,000 villages of Indonesia using Social Impact Bonds (SIBs) is proposed in this paper. Project feasibility with respect to different parameters is discussed. Cost-benefit calculations were made to check the financial feasibility of the project. Efficiency gains, which can be obtained by using Social Impact Bonds, are discussed.

Keywords: Early Childhood Education and Development, Millennium Development Goal, Development, Education, Social Impact Bond.

Economic Development and the Growth of Small-Medium Enterprises in Indonesia: A Hometown Investment Trust Fund Approach, Jan 11, 2016

SMEs play a significant role by having a high contribution to employment growth, GDP and also to ... more SMEs play a significant role by having a high contribution to employment growth, GDP and also to net exports in Indonesia, which makes them potentially important for the economic development of Indonesia. However, despite their importance to the national economic growth, the SMEs growth is having a problem with lack of establishment and also growth cycle. The analysis shows that limitation to financial access and SMEs’ lack of innovation and business knowledge are the major constraint for the SMEs.

This paper will analyze the impact and also limitation of one Indonesian government initiative to support the financial access to SMEs that is called Kredit Usaha Rakyat (KUR). After that, this paper will also analyze the possibility of implementing Hometown Investment Trust Fund in Indonesia as an alternative source of funds to overcome the SMEs’ limitation to finance issue. And then in order to tackle the issue of lack of innovation, this paper will discuss the possibility of integrating Hometown Investment Trust Fund with the university and cooperative as its business operator to enhance the growth of SMEs both in urban and rural areas.

Keywords: SMEs, hometown investments trust fund, financial inclusion, access to finance, innovation, rural development.