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This book assesses the impacts of COVID-19 on the Indonesian economy, particularly on employment, education, poverty, trade, and macroeconomy. The chapters explain how fiscal and monetary stimulus work and the roles of local governments in managing stimulus. It also presents paths to recovery and lessons learned from countries that have found success in mitigating the economic impacts of the pandemic (China, Germany, Singapore, and Vietnam). This text will be a useful reference for policy makers, scholars, students, and public audience working or interested in the fields of development economics, trade, health economics, economics, and East Asia. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Lili Yan Ing is Lead Advisor for Southeast Asia at the Economic Research Institute for ASEAN and East Asia (ERIA). Dr Ing served as Lead Advisor to the Minister of Trade of the Republic of Indonesia from 2017 to 2019. M. Chatib Basri is Senior Lecturer at the Department of Economics, University of Indonesia. Dr. Basri was Minister of Finance of the Republic of Indonesia from 2013 to 2014.
1.Introduction 2. The Indonesian Economy in the Time of COVID-19: Saving Lives and Livelihoods? 3.Impacts of COVID-19 on Indonesia's Trade 4. Walking a Thin Line: Fiscal Policy in Managing the Pandemic 5. COVID-19 in Indonesia: The Significance of Social Safety Nets 6. Mitigating COVID-19 in Indonesia: The Roles of Local Governments 7. Off the Cliff and Back: An Anatomy of China's Trade amid the COVID-19 Pandemic 8. Policy Responses to the COVID-19 Pandemic: The Case of Germany 9. COVID-19 Impacts and Recovery: Lessons Learned from Singapore 10. COVID-19 in Viet Nam
