Abundant Nature and Poverty Trap: The Irony of Fishermen in Percut, North Sumatra
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Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute

Economics and Business

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asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
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Published: 08 July 2023

Abundant Nature and Poverty Trap: The Irony of Fishermen in Percut, North Sumatra

Erond L. Damanik, Nurmala Berutu, Glory Indira D. Purba, Ayu Rulyani

Universitas Negeri Medan, Indonesia

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, management journal

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doi

10.31014/aior.1992.06.03.515

Pages: 1-13

Keywords: Assistance, Fishermen, Poverty, Subsistence, Trap

Abstract

This article revolves around the experiences of impoverished small-scale fishermen in Percut Village, Indonesia, based on the two-year immersion and observations. The primary focus is on the socio-economic aspects of the village's abundant natural resources and their potential to improve overall well-being. By examining the relationship between these resources, valuable insights for developing policies, programs, and social safety nets to help break the poverty cycle will be determined. Despite the presence of plentiful natural resources and the implementation of various social safety nets, their impact on socioeconomic stability has been limited. The result showed that factors such as work ethic, mental attitudes, and the ability to optimize financial, natural, social, and human resources play crucial roles in determining well-being and sustainable livelihoods.

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