IDEAS home Printed from https://ideas.repec.org/p/osf/socarx/mz849.html
   My bibliography  Save this paper

The impacts of covid-19 on Indonesian poverty and unemployment

Author

Listed:
  • bahri, muhamad

Abstract

This study estimates the negative impacts of the COVID-19 on poverty and unemployment in Indonesia. In doing so, this study develops and uses the SD model that reproduced similar patterns in terms of GDP, poverty, and unemployment. Estimated unemployment and estimated poverty under the COVID-19 are calculated for three different economic scenarios: the optimistic, the mid, and the pessimistic scenarios. This study concludes that Indonesia will experience rising unemployment and poverty in ranges (9-10) and (25-26) million people respectively by the end of this year – depending on projected economy growths. This study suggests that existing financial aids are sufficient to support rising unemployment and rising poverty level. However, if the Indonesia government cannot carefully slow the COVID-19 flow, higher financial supports are required to curb the negative impacts of the COVID-19.

Suggested Citation

  • bahri, muhamad, 2020. "The impacts of covid-19 on Indonesian poverty and unemployment," SocArXiv mz849, Center for Open Science.
    • Handle: RePEc:osf:socarx:mz849
    DOI: 10.31219/osf.io/mz849
    as

    Download full text from publisher

    File URL: https://osf.io/download/5f2d4bfd021ce20040f3ed25/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/mz849?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Luca Fornaro & Martin Wolf, 2020. "Covid-19 coronavirus and macroeconomic policy," Economics Working Papers 1713, Department of Economics and Business, Universitat Pompeu Fabra.
    2. Fornaro, Luca & ,, 2020. "Covid-19 Coronavirus and Macroeconomic Policy," CEPR Discussion Papers 14529, C.E.P.R. Discussion Papers.
    3. Asep Suryahadi & Daniel Suryadarma & Sudarno Sumarto, 2006. "The Effects of Location and Sectoral Components of Growth," Development Economics Working Papers 22550, East Asian Bureau of Economic Research.
    4. Warwick McKibbin & Roshen Fernando, 2021. "The Global Macroeconomic Impacts of COVID-19: Seven Scenarios," Asian Economic Papers, MIT Press, vol. 20(2), pages 1-30, Summer.
    5. Norman V. Loayza & Steven Pennings, 2020. "Macroeconomic Policy in the Time of COVID-19," World Bank Publications - Reports 33540, The World Bank Group.
    6. Loayza,Norman V. & Pennings,Steven Michael, 2020. "Macroeconomic Policy in the Time of COVID-19 : A Primer for Developing Countries," Research and Policy Briefs 147291, The World Bank.
    7. Frederic Boissay & Daniel Rees & Phurichai Rungcharoenkitkul, 2020. "Dealing with Covid-19: understanding the policy choices," BIS Bulletins 19, Bank for International Settlements.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adesoji O. Farayibi & Simplice A. Asongu, 2020. "The Economic Consequences of the Covid-19 Pandemic in Nigeria," Working Papers 20/042, European Xtramile Centre of African Studies (EXCAS).
    2. Ayhan Kuloğlu, 2021. "Covıd-19 Krizinin Petrol Fiyatları Üzerine Etkisi," Journal of Research in Economics, Politics & Finance, Ersan ERSOY, vol. 6(3), pages 710-727.
    3. Oleksiuk Adam & Pleśniak Agnieszka, 2022. "Environment Characteristics and Internationalization of SMEs: Insights from a Polish and Finnish Sample," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 30(3), pages 175-194, September.
    4. Francesco Busato & Bruno Chiarini & Gianluigi Cisco & Maria Ferrara & Elisabetta Marzano, 2020. "Lockdown Policies: A Macrodynamic Perspective for Covid-19," CESifo Working Paper Series 8465, CESifo.
    5. Didier, Tatiana & Huneeus, Federico & Larrain, Mauricio & Schmukler, Sergio L., 2021. "Financing firms in hibernation during the COVID-19 pandemic," Journal of Financial Stability, Elsevier, vol. 53(C).
    6. Lie, Denny, 2021. "Implications of state-dependent pricing for DSGE model-based policy analysis in Indonesia," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 532-552.
    7. Donato Masciandaro, 2020. "Ecb Helicopter Money: Economic And Political Economy Arithmetics," BAFFI CAREFIN Working Papers 20138, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    8. Velasco, Andrés & Chang, Roberto, 2020. "Economic Policy Incentives to Preserve Lives and Livelihoods," CEPR Discussion Papers 14614, C.E.P.R. Discussion Papers.
    9. Katarzyna Czech & Michał Wielechowski & Pavel Kotyza & Irena Benešová & Adriana Laputková, 2020. "Shaking Stability: COVID-19 Impact on the Visegrad Group Countries’ Financial Markets," Sustainability, MDPI, vol. 12(15), pages 1-19, August.
    10. Johanna Bocklet, 2020. "The Reformed EU ETS in Times of Economic Crises: the Case of the COVID-19 Pandemic," EWI Working Papers 2020-10, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    11. Dhruv Sharma & Jean-Philippe Bouchaud & Stanislao Gualdi & Marco Tarzia & Francesco Zamponi, 2021. "V–, U–, L– or W–shaped economic recovery after Covid-19: Insights from an Agent Based Model," PLOS ONE, Public Library of Science, vol. 16(3), pages 1-22, March.
    12. Mohammad Ghaderi, 2020. "Public Health Interventions in the Face of Pandemics: Network Structure, Social Distancing, and Heterogeneity," Working Papers 1193, Barcelona School of Economics.
    13. Pierluigi Balduzzi & Emanuele Brancati & Marco Brianti & Fabio Schiantarelli, 2020. "Credit Constraints anf Firms' Decisions: Evidence from the COVID-19 Outbreak Italian Firms’ Expectations and Plans," Boston College Working Papers in Economics 1013, Boston College Department of Economics, revised 07 Oct 2022.
    14. Giuli, Francesco & Maugeri, Gabriele, 2022. "Economic Effects of Covid-19 and Non-Pharmaceutical Interventions: applying a SEIRD-RBC Model to Italy," MPRA Paper 114673, University Library of Munich, Germany.
    15. Fisayo Fagbemi, 2021. "COVID-19 and Sustainable Development Goals (SDGs): An Appraisal of the Emanating Effects in Nigeria," Working Papers of the African Governance and Development Institute. 21/026, African Governance and Development Institute..
    16. Ghaderi, Mohammad, 2022. "Public health interventions in the face of pandemics: Network structure, social distancing, and heterogeneity," European Journal of Operational Research, Elsevier, vol. 298(3), pages 1016-1031.
    17. Pichler, Anton & Pangallo, Marco & del Rio-Chanona, R. Maria & Lafond, François & Farmer, J. Doyne, 2022. "Forecasting the propagation of pandemic shocks with a dynamic input-output model," Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
    18. Balduzzi, Pierluigi & Brancati, Emanuele & Brianti, Marco & Schiantarelli, Fabio, 2020. "The Economic Effects of COVID-19 and Credit Constraints: Evidence from Italian Firms' Expectations and Plans," IZA Discussion Papers 13629, Institute of Labor Economics (IZA).
    19. Fisayo Fagbemi, 2021. "COVID-19 and Sustainable Development Goals (SDGs): An Appraisal of the Emanating Effects in Nigeria," Research Africa Network Working Papers 21/026, Research Africa Network (RAN).
    20. Mohammad Ghaderi, 2020. "Public health interventions in the face of pandemics: network structure, social distancing, and heterogeneity," Economics Working Papers 1732, Department of Economics and Business, Universitat Pompeu Fabra.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:socarx:mz849. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://arabixiv.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.