Proceedings of the 6th Batusangkar International Conference, BIC 2021, 11 - 12 October, 2021, Batusangkar-West Sumatra, Indonesia

Research Article

Implementation of Pancasila Values in Restoring Indonesia's Economic Development Post COVID-19

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  • @INPROCEEDINGS{10.4108/eai.11-10-2021.2319618,
        author={Rahmat  Salam},
        title={Implementation of Pancasila Values in Restoring Indonesia's Economic Development Post COVID-19},
        proceedings={Proceedings of the 6th Batusangkar International Conference, BIC 2021, 11 - 12 October, 2021, Batusangkar-West Sumatra, Indonesia},
        publisher={EAI},
        proceedings_a={BIC},
        year={2022},
        month={8},
        keywords={pancasila values; economic development; covid-19},
        doi={10.4108/eai.11-10-2021.2319618}
    }
    
  • Rahmat Salam
    Year: 2022
    Implementation of Pancasila Values in Restoring Indonesia's Economic Development Post COVID-19
    BIC
    EAI
    DOI: 10.4108/eai.11-10-2021.2319618
Rahmat Salam1,*
  • 1: Universitas Muhammadiyah Jakarta, Jakarta, Indonesia
*Contact email: rahmat.salam@umj.ac.id

Abstract

The COVID-19 pandemic faced by the world community, including Indonesia, has devastated the world economy. The government has taken many policies to save the economy, but these policies still face problems that cause less effective handling. Therefore, it is necessary to change the approach to improve national economic development based on the values of Pancasila. So the purpose of this research is to examine the implementation of Pancasila values to improve Indonesia's development which had slumped due to the COVID-19 pandemic. This study uses a qualitative approach with descriptive analysis techniques. The study results show that economic development plays a central role in overall national development. The existence of a pandemic causes the economy to be disrupted, which results in disruption to other sectors. The role of Pancasila as the state's economic system can be implemented in improving national economic development through the five existing precepts, namely divinity, humanity, unity, deliberation and social justice.