How dangerous the Indonesian recession due to COVID-19 pandemic: review policy and strategy to recovery

Marjan  Miharja; Sri  Setiawati; Amanda Lestari Putri  Lubis

doi:10.29332/ijssh.v4n3.470

Authors

Marjan Miharja
marjan83miharja@gmail.com
STIE Manajemen Bisnis Indonesia, Indonesia
Sri Setiawati STIE Manajemen Bisnis Indonesia, Indonesia
Amanda Lestari Putri Lubis STIE Manajemen Bisnis Indonesia, Indonesia

Keywords:

Indonesian recession, COVID-19, pandemic, review policy, recovery strategy

Abstract

This paper aimed to examine the severity of the recession experienced by Indonesia during the COVID-19 outbreak that has hit Indonesia, which has been going on for almost a year. For the discussion to be more focused, this study focuses on the government's policy and strategy efforts that have been implemented to overcome this crisis. To achieve the target of this study, we first collected preliminary reading material by reviewing articles about recession due to pandemics to obtain sufficient information related to the study plan. After the opening section is over, we next provide an overview of how we can convey an understanding of the recession and the reasons behind it. We then proceed to the middle of the study to conclude what findings are relevant. Before completing the results, we confirm that the findings of this study are valid and reliable. Finally, the findings can be summarized as follows: Recession has hit the national economy so that the government has adopted a policy of allocating fresh funds as a stimulus to the most affected residents. Another strategy from the government is to work with outside parties on systems to anticipate Covid-19 and face the risk of a domestic recession.

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