LEGAL POLITICS ON THE DYNAMICS OF MICRO, SMALL AND MEDIUM ENTERPRISES REGULATION IN NATIONAL LEGISLATION
Made Arya duta Gunaksara, Nyoman Gede Antaguna

Warmadewa University

Abstract

Soon after the Covid crisis passed by with an horrible circumstance for several months, every countries began to reorganize their economycs to be able to recover and rise up in global competition. In Indonesia particularly, there is an interesting phenomenon about the entity of real economic sector which continues conducting trade in goods and services during the Pandemic desease. These economic actors are called UMKM. Some Micro, Small, and medium business units that are proven success to stimulate the economy sight. Seeing the resilience of UMKN, the President then collaborated with the Legislative Body to grow this sector to strengthen the economic base by absorbing a very wide job market, which was then specifically regulated in Law No. 11 of 2020 concerning Job Creation. This paper conducted by normative research, and succeeded in identifying that in the enactment of this controversial omnibus law, the government has observed that it has almost simplified many regulations to facilitate the formation of UMKM and direct investment. In the perspective of legal politics, it was designed in order to create job opportunities as wide as possible for citizens and opened the barrier to entry of foreign investment. For this purpose, the government is aggressively socializing digitalization to UMKN actors, ranging from business entity registration to modern marketing techniques combined with the power of data 5.0 evolution. This scientific work would be very useful for the harmonization of law, the legislative process that always adapts to the times, with some new issues.

Keywords: UMKM, crisis, Pandemic, Law No.11 of 2020, Legal Politics

Topic: Law on Bussiness Competition, and Prohibition of Monopoly