How The Floating Market of Lok Baintan could Existed?

Noor Ramini is the only one lecturer and researcher in the Department of Economics who has focused on tourism and floating market in Kalimantan Selatan. As example, her study with Pudjihardjo, Hoetoro, and Manzilati (2019) related to traders in the floating market of Lok Baintan in Banjar Regency, Kalimantan Selatan, find out that social capital bonding is the important factor to defend the existence of the market and the traders. The study with title “Social Capital Bonding in Lok Baintan Floating Market” has published in Institutions and Economis Vol. 11 No 3, 2019.

The study applied qualitative method and using phenomenological approach to review whether the social capital bonding to be a strategy for the traders to survive and to raise their incomes or no. The other finding in this study is the social capital also has a role to increase farmers’ income who have supplied the traders.

The floating market of Lok Baintan is a most famous tourism destinations in Kalimantan Selatan Province. The market has existed since 1595. The interactions and transactions in the floating market is influenced by the Banjar cultural values. If the traders break the the norms, they will leave the floating market by their self. It indicates that they have trust that tie them into the norms.

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