Research Article
Indonesia's Macroeconomic Development During the Covid-19 Pandemic Between Obstacles, Challenges and Opportunities in the New Normal Era
@INPROCEEDINGS{10.4108/eai.16-4-2022.2319713, author={Wanti Ernawati and Puji Astuty and Darwati Susilastuti and Rudi Bratamanggala}, title={Indonesia's Macroeconomic Development During the Covid-19 Pandemic Between Obstacles, Challenges and Opportunities in the New Normal Era}, proceedings={Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2022}, month={8}, keywords={covid-19; downgrade; e-digital; barriers}, doi={10.4108/eai.16-4-2022.2319713} }- Wanti Ernawati
Puji Astuty
Darwati Susilastuti
Rudi Bratamanggala
Year: 2022
Indonesia's Macroeconomic Development During the Covid-19 Pandemic Between Obstacles, Challenges and Opportunities in the New Normal Era
ICLSSEE
EAI
DOI: 10.4108/eai.16-4-2022.2319713
Abstract
There is an encouraging hope that in 2020, there is a prediction that the Indonesian economy will increase further due to the APEC deadline, omnibus policy, and the demographic bonus is actually a mess due to the global catastrophe due to the COVID-19 pandemic. The sharp decline in the economic growth rate from 4.9% in the fourth quarter of 2019 to 2.07% in the first quarter of 2020 marked the beginning of the decline in Indonesia's economy class. Of course, this is not only experienced by Indonesia, but other countries, especially in the Southeast Asian region, have experienced this. However, there is only a promising opportunity at the end of 2021 when active cases of the Covid-19 pandemic can be suppressed and controlled after the success of vaccination in stages, so that Indonesia is considered a country that is able to control Covid-19 and managed to overcome it when countries in Europe is struggling to overcome the ferocity of covid-19 which has mutated to the delta variant.