Description
Title: Socio-Economic Studies of Coastal Communities: Social Capital Deviation in Capital Assistance System
Abstract: The main goals of this study are to reveal how the capital assistance system is used in coastal communities that appear to have strayed from social capital principles and to develop an integrated model to address the underwhelming performance of fishermen. Fishermen’s communities were picked as the research sample for this reason. The study areas were concentrated in two Indonesian provinces (Bengkulu and East Java provinces). Data were gathered using documentation, interviewing, and observation techniques. In contrast to the descriptive analysis method, which was used to analyze qualitative data, discriminant and SEM/SmartPLS analysis methods were used to analyze quantitative data. The findings demonstrate that the capital assistance system was put in place by wealthy fishermen (as capital providers) in a way that violated the social capital principles and was harmful to small-scale/traditional fishermen. Six factors contribute to deviations in the capital assistance system: (a) a lack of “altruism cooperation” between wealthy and small-scale/traditional fishermen; (b) a lack of mutual trust; (c) the fishing community’s helplessness as it desperately needs funds for working capital; (d) ineffective government control; (e) the cooperative institutions’ (fisheries) role as lenders of funds/loan capital is still weak; and (f) an empowerment integration.
Keywords: capital assistance system; social capital; performance; fishermen; marine natural resources
Paper Quality: SCOPUS / Web of Science Level Research Paper
Subject: Economics
Writer Experience: 20+ Years
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