Indonesia in the Time of Covid-19

Susan Olivia, John Gibson, Rus’an Nasrudin

Research output: Contribution to journalArticlepeer-review

44 Citations (Scopus)

Abstract

The Covid-19 virus has spread across the world with alarming speed, infecting millions and causing economic disruption on an unprecedented scale. In this survey, we examine the impact of the outbreak on the Indonesian economy, as well as the government’s response to the public health crisis and its provisions for the emerging economic crisis. Indonesia’s delay in responding to the health crisis while Covid-19 spread in neighbouring countries in January–February 2020 has been costly for the health of the population. The government’s policy responses have so far been aimed at steadying the ship, addressing both the needs of the poor and the potentially poor (vulnerable) groups. At the time of writing, Covid-19 had not been tamed in Indonesia by any means. Hence, its implications for economic growth, jobs and welfare remained uncertain, as policy discussions were all about opening up the economy from virus-imposed restrictions across the country, under what has been termed the ‘new normal’.

Original languageEnglish
Pages (from-to)143-174
Number of pages32
JournalBulletin of Indonesian Economic Studies
Volume56
Issue number2
DOIs
Publication statusPublished - 3 May 2020

Keywords

  • Covid-19
  • fiscal responses
  • Indonesia
  • macroeconomics
  • social protection

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