scholarly journals Indonesian Economic Disruption in Covid-19 Pandemic

2021 ◽  
Author(s):  
Muhammad Rapli Al Munawir
Keyword(s):  
Economic Growth ◽  
Household Consumption ◽  
Financial Impact ◽  
Government Consumption ◽  
Corona Virus ◽  
The World ◽  
Ministry Of Finance ◽  
It Impact

Global economic has been affected Indonesia for several years. It get worse because of Covid-19 that has been affected all over the world include Indonesia. This pandemic is impact Indonesian economic growth. According to ministry of finance (CNN Indonesia,2020), Sri Mulyani said that the spread of Corona virus is still increasing every time and the financial impact will be more serious, so it impact to Indonesian Economy for sure. The cause of the slump in economic growth is because of the decrease of household consumption, investment and government consumption. Sri Mulyani said that house hold consumption decreased from 3, 2% to 1, 6%. It’s really bad effect many company in Indonesia, they have a slump income.

scholarly journals THE EFFECT OF COVID-19 TO EXCHANGE RATE

2020 ◽  
Author(s):  
ivy theresa
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Descriptive Analysis ◽  
Analysis Method ◽  
Finance Minister ◽  
The World ◽  
Ministry Of Finance ◽  
The Government ◽  
The Impact ◽  
Rate Research

Currently, in the whole world is experiencing a COVID-19 pandemic, including Indonesia. In Indonesia, there are quite a lot of people who have been affected by this virus. The presence of the COVID-19 will affect the economy, both in Indonesia and throughout the world. Many countries are predicted to experience a recession due to this pandemic. Finance Minister Sri Mulyani said, if COVID-19 could be handled as soon as possible, then economic growth was still above 4%. But the government must keep on preparing if this pandemic will last for another 3-6 months, the economic situation will worsen, with economic growth estimated at around 2.5% or even 0%.The purpose of this research is to find out the growth of COVID-19 in Indonesia and the impact of COVID-19 on the exchange rate. In this research, a descriptive analysis method is used by collecting data from the Ministry of Health, the Ministry of Finance and Bank Indonesia. The results of this study indicate the growth of COVID-19 in Indonesia and the impact of the virus on the exchange rate.Keywords : COVID-19, Exchange Rate, Research Methodology

scholarly journals Government Policies for Economic Recovery and Handling COVID -19 Virus in Indonesia

2020 ◽  
Vol 7 (2) ◽  
pp. 140-146
Author(s):  
Desy Tri Anggarini ◽  
Ani Rakhmanita
Keyword(s):  
Monetary Policy ◽  
Fiscal Policy ◽  
National Economy ◽  
Virus Disease ◽  
System Stability ◽  
Economic Recovery ◽  
Corona Virus ◽  
The World ◽  
Ministry Of Finance ◽  
The Government

WHO establishes coronavirus (coronavirus disease, COVID-19), as the Public Health Anxiety of the World on January 30, 2020. The increase in countries affected by the Covid-19 virus is widespread throughout the world such as America, Spain and Italy making the world economic situation even more get worse. Some institutions predict the weakening of the world economy. The contraction of the global economy is still ongoing, uncertainty in the global financial markets has declined as the sluggish spread of COVID-19. The limitation of economic activity as a step for handling COVID-19 risks reducing global economic growth in 2020. Research on Government Policy for  Economic Recovery and handling  COVID-19 Virus in Indonesia, taking stimulus from fiscal and monetary policies undertaken by the Bank Indonesian , Ministry of Finance and Regulations Government 2020, with descriptive qualitative research methods using secondary data such as literature books, review studies from the internet and policies from the government and related ministries. The results of this study have carried out monetary policy through Bank Indonesia, and fiscal policy through the Ministry of finance and supported by Government Regulation of the Republic of Indonesia Number 23 of 2020 concerning the Implementation of the National Economic Recovery Program in the Context of Supporting State Financial Policies for Handling the Corona Virus Disease 2019 (Covid-19) and / or Facing Threats That Harm National Economy and / or Financial System Stability and Save the National Economy. Keywords: Fiscal Policy, Monetary Policy, Covid -19, Corona Virus

scholarly journals The Relationship between Public Debt and Economic Growth in Albania and Other Countries

2018 ◽  
Vol 7 (3) ◽  
pp. 95-102
Author(s):  
Eneida Përmeti Çifligu
Keyword(s):  
Economic Growth ◽  
International Monetary Fund ◽  
Public Debt ◽  
The Public ◽  
The World ◽  
Ministry Of Finance ◽  
The Relationship ◽  
The International Monetary Fund

Abstract The purpose of this study is the relationship between public debt and economic growth in Albania in post-dictatorships. Many authors have analyzed the mutual link between economic growth and public debt and the results and the methodologies are different in different countries and periods. Let’s see what data are specifically about these two indicators (provided by the Ministry of Finance, the Bank of Albania and the International Monetary Fund). Does the public debt performance affects the trend of the economic growth or not? I have mentioned what are the main events and phenomena in Albania, in Europe and in the World that have affected the Albanian economy. For these years, I have made comparisons with situations in other countries.

See No Evil

2020 ◽  
pp. 196-229
Author(s):  
Arthur E. Wilmarth Jr.
Keyword(s):  
Economic Growth ◽  
Consumer Credit ◽  
Household Consumption ◽  
Housing Construction ◽  
Subprime Lending ◽  
Government Officials ◽  
The World ◽  
Challenging Environment ◽  
Consumer Advocates ◽  
The U.S

During the 2000s, universal banks originated and securitized trillions of dollars of toxic subprime loans and sold the resulting debt securities to investors around the world. Governments on both sides of the Atlantic encouraged universal banks to engage in high-risk lending and securitization. Universal banks enjoyed unrivaled influence, and government officials ignored warnings about the dangers of subprime lending from consumer advocates and academics who did not hold “mainstream” views. Policymakers in the U.S. and Europe recognized that many households were becoming more deeply indebted and were relying more heavily on home mortgages and other types of consumer credit to cover their living expenses. Officials tolerated those developments because they viewed housing construction and household consumption as the primary drivers of economic growth in an otherwise challenging environment. The decision by policymakers to rely on housing credit as the main stimulus for economic growth in a period of stagnant incomes had catastrophic results.

scholarly journals Perlindungan Konsumen Pengguna Investasi Ilegal Vtube Berdasarkan Undang-Undang Nomor 21 Tahun 2011 tentang Otoritas Jasa Keuangan

Wajah Hukum ◽  
2021 ◽  
Vol 5 (1) ◽  
pp. 260
Author(s):  
Tamara Fransisca Jamal ◽  
Puti Priyana
Keyword(s):  
Economic Growth ◽  
Legal Protection ◽  
Business Activity ◽  
Preventive Action ◽  
The Public ◽  
Corona Virus ◽  
Technological Advances ◽  
The World

The development of investment is currently growing rapidly due to technological advances, this progress has made it easier to invest with investment applications. This facility is misused by certain individuals who cause harm to the community due to illegal investment. In 2020, Indonesia was shocked by the corona virus that has spread throughout the world. This causes economic growth to decline. PT. Future View Tech launched an application called Vtube which is used by the public as an easy money-making tool. Vtube is an investment application declared as an illegal investment by the OJK. This study aims to determine the reasons behind the Vtube application called illegal investment and to determine the role of the OJK in providing legal protection to Vtube application users. The method used in this research is normative juridical. The result of this research is that Vtube is an illegal investment application because it carries out a business activity outside of its Industrial Business License (IUI), OJK's role in providing protection against illegal investment is regulated in Article 28 to Article 30 of the OJK Law and OJK provides preventive action. and repressive.

scholarly journals Dampak Pandemi Covid 19 Terhadap Tingkat Pengangguran di Kelurahan Tanjung Pura

2021 ◽  
Vol 1 (3) ◽  
pp. 199-203
Author(s):  
Fadia Salsabila Rahmawan
Keyword(s):  
Economic Growth ◽  
Unemployment Rate ◽  
Secondary Data ◽  
Corona Virus ◽  
Library Research ◽  
Literature Reviews ◽  
The World

The Corona virus pandemic, also known as Covid-19, shook peopleall across the world in 2020, having a significant impact on people'slives and causing terror. The purpose of this paper is to look into theeffect of Covid-19 on unemployment in Tanjung Pura community.Qualitative approaches and library research were employed asresearch methodologies. Secondary data in the form of scientificpublications with literature reviews or literature reviews wasemployed in this investigation. The findings of the study suggestthat the Covid-19 epidemic has had a significant impact on theunemployment rate. The PSBB or Lockdown was implemented as akind of government anticipation to ensure that there would be nofurther contagion, but it has had an impact on economic growth, oneof which being a rise in the unemployment rate.

Actual Problems of Economic Policy

2003 ◽  
pp. 23-38 ◽  
Author(s):  
M. Ershov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Foreign Exchange ◽  
World Economy ◽  
Domestic Economy ◽  
The World ◽  
Exchange Policy ◽  
Effective Integration

At present Russia faces the task of great importance - effective integration into the world economy. The success of this process largely depends on the strength of the domestic economy and stable economic growth. To attain such a goal certain changes in economic approaches are required which imply more active, focused and concerted steps in the monetary, fiscal and foreign exchange policy.

The Instruments of the Stabilization Fund: The Experience and Prospects

2004 ◽  
pp. 65-75 ◽  
Author(s):  
Mst. Afanasiev
Keyword(s):  
Economic Growth ◽  
Oil Prices ◽  
Federal Budget ◽  
Future Generations ◽  
The World

Сreation of the stabilization fund has become the main feature of the Russian federal budget for 2004. This instrument provides the opportunity to reduce the dependence of budget incomes on the fluctuations of oil prices. The accepted model does not consider the world experience in building of such funds as the "funds for future generations", and the increase of other revenues from the growing oil prices as well. That can lead to shortening and immobilization of the financial basis of economic growth.

Inter-country inequality as a dynamic process and the problem of post-industrial development

2018 ◽  
pp. 5-29 ◽  
Author(s):  
L. M. Grigoryev ◽  
V. A. Pavlyushina
Keyword(s):  
Economic Growth ◽  
Political Institutions ◽  
Industrial Development ◽  
Modern World ◽  
New Approach ◽  
Development Level ◽  
The World ◽  
Long Time ◽  
The Difference ◽  
Post Industrial

The phenomenon of economic growth is studied by economists and statisticians in various aspects for a long time. Economic theory is devoted to assessing factors of growth in the tradition of R. Solow, R. Barrow, W. Easterly and others. During the last quarter of the century, however, the institutionalists, namely D. North, D. Wallis, B. Weingast as well as D. Acemoglu and J. Robinson, have shown the complexity of the problem of development on the part of socioeconomic and political institutions. As a result, solving the problem of how economic growth affects inequality between countries has proved extremely difficult. The modern world is very diverse in terms of development level, and the article offers a new approach to the formation of the idea of stylized facts using cluster analysis. The existing statistics allows to estimate on a unified basis the level of GDP production by 174 countries of the world for 1992—2016. The article presents a structured picture of the world: the distribution of countries in seven clusters, different in levels of development. During the period under review, there was a strong per capita GDP growth in PPP in the middle of the distribution, poverty in various countries declined markedly. At the same time, in 1992—2016, the difference increased not only between rich and poor groups of countries, but also between clusters.

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