Suchergebnisse

The Covid-19 outbreak continues to spread rapidly to almost all countries in the world. The authors need to highlight how the policy perspectives are taken by Indonesia at the national scale and international relations to improve the economic and political situation during this pandemic. Referring to this phenomenon, this research provides an in-depth study of the literature review on strategic efforts and steps to address commodity demand in Indonesia. In short, from an economic and political point of view, the dual problems on the supply and demand side make the premise of comparative advantage (which is the foundation of a free-market economy and international trade) into doubt about its validity. The classical premise argues that social welfare will be optimal if the state specializes in producing goods which are. Having the lowest opportunity cost according to the availability of production factors and buying other needs in the international market, it seems only valid if the international trade mechanism is not disrupted. Conversely, in conditions of supply and demand shocks, all countries will try to produce all their needs domestically and limit exporting products abroad as much as possible. Key words: national trade, global markets, export policy, import policy, Covid-19

In the 21stcentury, the tragedy of the pandemic shocks the world. This non-natural disaster is called COVID-19. Its dominant effect is also worrying about social and economic conflicts at local, national, and even international levels. The orientation of this research is to investigate the impact of COVID-19 on the socioeconomic aspects in Indonesia from 2020-2022. We set the research using official/secondary publications. Data analysis was interpreted in three formats: Pearson, Kendall's, and Spearman's correlations. It channelled empirical testing through Microsoft Excel and SPSS v.25. Social items include migration, mortality, domestic violence, and sexual harassment, while the nine economic items are per capita spending, well-being, unemployment, poverty, and labor productivity. Then, statistical instruments were reviewed based on the correlation coefficient and level of significance (5% for Pearson and 1% for Kendall's and Spearman's). The results are not much different between Pearson's approach, Kendall's and Spearman's. In Pearson model, it proved a negative correlation when COVID-19 increases, so migration, unemployment, poverty, and labor productivity decrease. COVID-19 has had a positive impact on mortality, domestic violence, sexual harassment, per capita spending, and well-being. In Kendall's and Spearman's tests, poverty and labor productivity have actually increased because of COVID-19. Implementing semi-lockdown is a priority so that the social and macroeconomic constellations continue without ignoring the latent dangers of COVID-19. The limitations of the study are discussed in the future. Doi: 10.28991/esj-2022-SPER-012 Full Text: PDF