THE IMPACT OF COVID 19 ON NATIONAL ECONOMIC GROWTH

  • Nur Aliah Universitas Pembangunan Panca Budi

Abstract

The spread of this virus has resulted in all parts of the world experiencing shocks both mentally and economically. Indonesia is one of the countries that is feeling the bad impact of the spread of COVID-19. Since it was first reported on March 2, 2020, the number of COVID-19 cases in Indonesia has continued to increase. The policies issued by the government have resulted in decreased economic activity thus affecting national economic growth. Slowing Exports of Goods and commodity prices and declining exports of tourism services were one of the factors that slowed the national economic growth.The policies issued by the government to deal with the spread of the COVID-19 virus resulted in many industries going out of business and having to do Termination of Employment (PHK). This has an impact on increasing unemployment in Indonesia which is in line with the decline in the income of the Indonesian people

References

Nasruddin, R., & Haq, I. (2020). Large-Scale Social Restrictions (PSBB) and Low-Income
Communities. SALAM: Syar-i Social and Cultural Journal, 7 (7)
Hanoatubun, S. (2020). The Impact of Covid-19 on the Indonesian Economy. EduPsyCouns: Journal
of Education, Psychology and Counseling, 2 (1), p. 146-153.
Jiang, Y., Zhang, Y., Ma, C., Wang, Q., Xu, C., Donovan, C., Ali, G., Xu, T., & Sun, W. (2017).
H7N9 not only endanger human health but also hit stock marketing. Advances in Disease
Control and Prevention, 2 (1), 1-7, DOI:10.25196 / adcp201711
Nasution, Darma Aditia Dito et al. (2020). The Impact of the COVID-19 Pandemic on the Indonesian Economy. Benefita's Journal 5 (2): 212.
Burhanudin, Chairul Iksan and Muhammad Nur Hadi (2020). The threat of the global economic crisis
from the impact of the spread of the Corona Virus (Covid-19). Akmen: Vol. 17 No.1 p. 710-
718
Maryanti, Sri et al (2020). The Covid-19 pandemic and its implications for the NTB economy. Bina
Media Journal: Vol. 14 No.11
Hadiwardoyo, Wibowo (2020). National Economic Losses Due to the Covid-19 Pandemic. UMJ
Journal: Vol 2 No.2
Sugiyono (2008). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung : Alfabeta.
Bank Indonesia. International Department, International Research and Assessment Division.
The National Disaster Management Agency, Covid-19 information in Indonesia,
https://www.covid19.go.id/
Bank Indonesia, Indonesian Economic and Financial Statistics (SEKI)
https://www.bi.go.id
Ministry of Health of the Republic of Indonesia, https://covid19.kemkes.go.id/situasi-infemerging/info-corona-virus/situasi-terkini-perkembangan-coronavirus-disease-covid-19-23-
maret-2020/#.Xnle84gzbIU access March 23 2020 at 10.00
Published
2020-12-05
How to Cite
ALIAH, Nur. THE IMPACT OF COVID 19 ON NATIONAL ECONOMIC GROWTH. International Proceeding of Law and Economic, [S.l.], p. 62-68, dec. 2020. Available at: <https://jurnal.pancabudi.ac.id/index.php/iple/article/view/1082>. Date accessed: 28 mar. 2024.