Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)

Covid-19 Pandemic: Vulnerability to the Households Financial

Authors
Nugroho Tulus Rahayu, Harjum Muharam
Corresponding Author
Nugroho Tulus Rahayu
Available Online 13 March 2021.
DOI
10.2991/aebmr.k.210311.053How to use a DOI?
Keywords
Covid-19, Financial, Households
Abstract

The Covid-19 pandemic has an impact on almost all sectors of the economy and community activities. This study aims to determine the impact of Covid-19 on the household economy and the effectiveness of social protection by the government. The method in this research is literature study. The literature sources in this study comes from primary and secondary sources. Primary sources are in the form of interviews and research reports, while secondary sources used are in the form of writings on other researcher, and similar writings on matters that the author has not directly witnessed or experienced. The results of this study state that the Covid-19 pandemic has a significant impact on the households economy, this is due to restrictions on economic activity carried out by the government. Termination of Employment that occurred during the pandemic had an impact on the weakening of the households economy. The declining of theor financial makes them unable to meet the daily needs. Based on the problems, the government requires to provide social assistance to the affected communities. However, in several case the social assistance is deemed ineffective and not on target.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
13 March 2021
ISBN
978-94-6239-350-9
ISSN
2352-5428
DOI
10.2991/aebmr.k.210311.053How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Nugroho Tulus Rahayu
AU  - Harjum Muharam
PY  - 2021
DA  - 2021/03/13
TI  - Covid-19 Pandemic: Vulnerability to the Households Financial
BT  - Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)
PB  - Atlantis Press
SP  - 269
EP  - 272
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210311.053
DO  - 10.2991/aebmr.k.210311.053
ID  - Rahayu2021
ER  -