Research Article
Strategy and Acceleration of Indonesia's Economic Growth against Policies during the Pandemic
@INPROCEEDINGS{10.4108/eai.30-10-2021.2315768, author={Muhamad Arief Noor and Pudji Astuty}, title={Strategy and Acceleration of Indonesia's Economic Growth against Policies during the Pandemic}, proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={MIC}, year={2022}, month={1}, keywords={strategy; acceleration economics; policy of economic}, doi={10.4108/eai.30-10-2021.2315768} }- Muhamad Arief Noor
Pudji Astuty
Year: 2022
Strategy and Acceleration of Indonesia's Economic Growth against Policies during the Pandemic
MIC
EAI
DOI: 10.4108/eai.30-10-2021.2315768
Abstract
The economy in Indonesia during the COVID-19 pandemic has decreased compared to before the pandemic, although after a year and a half, our economy has gradually improved. Then what are the strategies and economic acceleration during the pandemic? This study used a descriptive qualitative method with a review of literature method. As per results of this study, the government must relax economic policies to improve people's purchasing power and increase fiscal and monetary policies to support the economy at the macro and micro levels. The research's conclusion is the government's policy scenario for managing with the economic downturn in two phases, utilizing a countercyclical approach, and in the new normal, using the acceleration of socio-economic recovery to reduce economic impact of the pandemic.
