{"id":289116,"date":"2026-09-08T14:28:53","date_gmt":"2026-09-08T07:28:53","guid":{"rendered":"https:\/\/indef.or.id\/?post_type=publikasi&#038;p=289116"},"modified":"2026-09-08T14:28:53","modified_gmt":"2026-09-08T07:28:53","slug":"center-of-digital-economy-and-smes-brief-update-september-2026","status":"publish","type":"publikasi","link":"https:\/\/indef.or.id\/en\/publikasi\/center-of-digital-economy-and-smes-brief-update-september-2026\/","title":{"rendered":"Center of Digital Economy and SMEs Brief Update \u2013 September 2026"},"content":{"rendered":"<p><strong>Masih Soal Koperasi Merah Putih<\/strong><\/p>\n<ul>\n<li><strong>Disfungsi Operasional dan Bom Waktu Tata Kelola<br \/>\n<\/strong>Model pendirian yang supply-driven tanpa validasi pasar menciptakan defisit value proposition yang membuat anggota enggan bertransaksi, sementara modal subsidi mengeliminasi disiplin efisiensi pengurus. Kerapuhan arus kas ini akan menjadi krisis manajerial akibat kesenjangan durasi antara masa kontrak manajer dan tenor utang, menciptakan konflik kepentingan di fase pelunasan.<\/li>\n<li><strong>Kanibalisasi Pasar dan Kegagalan Skala Ekonomi<br \/>\n<\/strong>KDMP tanpa pembagian kewenangan yang jelas berisiko mengalami tumpang tindih dengan BUMDes. Persaingan di segmen yang sama justru memecah pasar, meningkatkan biaya operasional, dan mengurangi skala ekonomi yang ada di ekosistem desa.<\/li>\n<li><strong>Double Fiscal Squeeze dan Sandera APBDes<br \/>\n<\/strong>Kegagalan di tingkat operasional akan bereskalasi menjadi krisis makro akibat pemotongan wajib (earmarking) 58,03% Dana Desa yang dieksekusi tepat di tengah tren penyusutan transfer daerah. Tekanan ganda ini melumpuhkan otonomi desa dalam mendanai pelayanan dasar, serta berisiko menyandera kas daerah apabila kewajiban utang KDMP berubah menjadi unfunded mandate.<\/li>\n<\/ul>","protected":false},"author":44,"featured_media":289118,"template":"","pub_cat":[23],"topic":[341,339,340,78],"ppma_author":[55,207,72],"class_list":["post-289116","publikasi","type-publikasi","status-publish","has-post-thumbnail","hentry","pub_cat-brief-and-update","topic-dana-desa","topic-kdmp","topic-koperasi","topic-umkm"],"acf":[],"_links":{"self":[{"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/publikasi\/289116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/publikasi"}],"about":[{"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/types\/publikasi"}],"author":[{"embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/users\/44"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/media\/289118"}],"wp:attachment":[{"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/media?parent=289116"}],"wp:term":[{"taxonomy":"pub_cat","embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/pub_cat?post=289116"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/topic?post=289116"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/indef.or.id\/en\/wp-json\/wp\/v2\/ppma_author?post=289116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}