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Local Economic Development Status Mapping (LED) in Srigonco Village, Malang Regency

In: Proceedings of the International Conference of Economics, Business, and Entrepreneur (ICEBE 2022)

Author

Listed:
  • Hadi Sumarsono

    (Universitas Negeri Malang, Economics Development)

  • Bagus Shandy Narmaditya

    (Universitas Negeri Malang, Economics Development)

  • Putra Hilmi Prayitno

    (Universitas Negeri Malang, Economics Development)

  • Lutfi Asnan Qodri

    (Universitas Brawijaya, Doctoral Program in Economics)

Abstract

Local Economic Development (LED) revitalization aims to change the views of the Central Government, Regional Governments, Non-Governmental Organizations, and the community so that Local Economic Development (LED) becomes an economic instrument based on local resources to improve the welfare of local communities in sustainable activities. This research aims to provide accurate information for the Regional Government of Srigonco, East Java. Used to create Local Economic Development (LED) action plans for sustainability, in the short, medium, and long term. This research method is descriptive analysis. The analytical method used is Rapid Assessment Techniques for Local Economic Development (RALED). The outputs of this study include the identification of local economic development factors, LED status, and recommended LEDs inSrigonco Village. This LED research location is in Srigonco, following the LED framework of East Java Province based on the development of business clusters in the Local Economic Development (LED) sector. The research object of LED status isSrigonco Regency, while the respondents are local government, local traders, and the general public related to Local Economic Development (LED) in Srigonco Village. Based on the results of this research from RALED, it can be concluded that Srigonco Regency included in the good category seen from the six aspects of LED dimensions, Target Group Dimensions, Location Factors, Synergy and Policy Focus, Sustainable Development, Governance Systems, and Management Processes. The results of the analysis show that the government in this case prepares all facilities and policies in favor of improving the welfare of the community. Governance that is dominated by the younger generation provides new enthusiasm and innovation in various matters, especially sustainable development. However, the synergy between various institutions is the main focus for future improvements, because this is also related to the implementation management process of each policy issued. The new village government is dominated by the younger generation, which is a distinct advantage for the sustainability of Srigonco village in the future.

Suggested Citation

  • Hadi Sumarsono & Bagus Shandy Narmaditya & Putra Hilmi Prayitno & Lutfi Asnan Qodri, 2023. "Local Economic Development Status Mapping (LED) in Srigonco Village, Malang Regency," Advances in Economics, Business and Management Research, in: Nairobi & Yuliansyah & Habibullah Jimad & Ryzal Perdana & Gede Eka Putrawan & Trio Yuda Septiawan (ed.), Proceedings of the International Conference of Economics, Business, and Entrepreneur (ICEBE 2022), pages 295-304, Springer.
    • Handle: RePEc:spr:advbcp:978-2-38476-064-0_32
    DOI: 10.2991/978-2-38476-064-0_32
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