Proceedings of the 1ST Bengkulu International Conference on Economics, Management, Business and Accounting (BICEMBA 2023)

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Post Pandemic in Indonesia: Economic Development Challenges and Policy Recommendations for Indonesia

Authors
Freesca Syafitri1, *, Raden Parianom2, Desmintari Desmintari3
1Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta, Depok, Indonesia
2Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta, Depok, Indonesia
3Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta, Depok, Indonesia
*Corresponding author. Email: freesca.syafitri@upnvj.ac.id
Corresponding Author
Freesca Syafitri
Available Online 21 December 2023.
DOI
10.2991/978-94-6463-328-3_4How to use a DOI?
Keywords
Economic development; post-pandemic; economic policy; economic diversification
Abstract

This study aims to analyze the challenges and policy recommendations in post-Covid-19 pandemic economic development in Indonesia. The Online Research Method approach collects relevant data from Internet sources with relevant keywords. These data were analyzed using the Nvivo 12 Plus tool with a case classification and thematic analysis unit. The research results identified several key challenges, including a decline in economic activity, increased unemployment, and global economic uncertainty. Other challenges include the need for health sector resilience, changes in consumption patterns, recovery of the tourism sector, and digital transformation. Economic diversification, prudent management of fiscal and monetary policies, and control of social inequality are also essential factors in economic recovery. Based on these findings, policy recommendations are directed towards sustainable economic recovery by focusing on potential sectors such as technology and renewable energy. Investments in health infrastructure, digital transformation and job market development are essential to supporting an inclusive economic recovery. This research guides stakeholders in formulating strategic steps to rebuild Indonesia’s economy strong and sustainable after the Covid-19 pandemic.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 1ST Bengkulu International Conference on Economics, Management, Business and Accounting (BICEMBA 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
21 December 2023
ISBN
978-94-6463-328-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-328-3_4How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Freesca Syafitri
AU  - Raden Parianom
AU  - Desmintari Desmintari
PY  - 2023
DA  - 2023/12/21
TI  - Post Pandemic in Indonesia: Economic Development Challenges and Policy Recommendations for Indonesia
BT  - Proceedings of the 1ST Bengkulu International Conference on Economics, Management, Business and Accounting (BICEMBA 2023)
PB  - Atlantis Press
SP  - 25
EP  - 31
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-328-3_4
DO  - 10.2991/978-94-6463-328-3_4
ID  - Syafitri2023
ER  -