The COVID-19's Economic Crisis and Its Solutions: A Literature Review

Irawan, Andi; Alamsyah, Halim

doi:10.15408/etk.v20i1.16870

Cited by 16 publications

(16 citation statements)

References 6 publications

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“…As a result, industry, and business reduce or stop their business activities. Therefore, COVID-19 cause a fall in aggregate production and increase unemployment or an economic recession [1,2].…”

Section: Introductionmentioning

confidence: 99%

The Impact of the Covid-19‘s Economic Recession on Food Security in Indonesia

Akbar

Darma

Mujahidin

et al. 2022

IOP Conf. Ser.: Earth Environ. Sci.

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This study aimed to examine the impact of the economic recession due to COVID-19 on 4 aspects of food security (availability, accessibility, stability, and food utilization) in Indonesia. The time-series data (2000-2018) of the Food Agriculture Organization’s statistics were used in this study. The regression equations were analyzed using the Ordinary Least Square estimation technique. The final step was to simulate the impact of COVID-19 on four aspects of food security. COVID-19 had a detrimental impact on Indonesia’s food security. The availability, accessibility, and food stability are aspects of food security that are significantly affected by the COVID-19‘s economic recession, while food utilization is not affected by this pandemic. The worst impact magnitude of COVID-19‘s economic recession was on food stability so that the government needed to increase the implementation of food diversification policies in the future. Also, the government should actively be involved in preventing the increase of the protectionism mainstreaming in the international trade of staple food because it will worsen the food stability in Indonesia as a food importer country.

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Section: Introductionmentioning

confidence: 99%

The Impact of the Covid-19‘s Economic Recession on Food Security in Indonesia

Akbar

Darma

Mujahidin

et al. 2022

IOP Conf. Ser.: Earth Environ. Sci.

View full text Add to dashboard Cite

show abstract

“…This study employs a literature review analysis using two mainstream databases, namely, Scopus and Web of Science (WoS). The literature review technique is commonly used to investigate recent trends, such as the Covid-19 case (Irawan & Alamsyah, 2021) and crypto currencies (Rejeb et al, 2021). This present research aims to review the current literature on Islamic financial technology published in various journals.…”

Section: Methodsmentioning

confidence: 99%

Islamic Fintech Research: Systematic Review using Mainstream Databases

Firmansyah

Harsanto

2022

Etikonomi

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The number of Islamic financial technology (fintech) study growsalong with technological advancement and fintech itself. Thisstudy aims to review the studies on Islamic fintech publishedin the journals indexed by Scopus and Web of Science using asystematic literature review approach. As shown in the frameworkproposed in this study, we found five elements of the entireobserved papers. The customer has been the most discussedelement among researchers of Islamic fintech. As Islamic fintech isstill in the early stage of development, no study in our observeddocuments discusses operations. It is one of the essential elementsto be investigated, seeing the dynamic of the business-operatingenvironment. This paper contributes to the literature by providingan up-to-date review. It is among the first reviews on this subjectusing the major academic databases and offering a more holisticframework than previous studies.JEL Classification: F65, Z12

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“…Until July 2021, the total number of Covid-19 cases in the world reached 199.022.248 and continues to increase with a death total of 4.240.374 since 17 November 2019 (Worldometers, 2021). This has resulted in a weakening of the economy due to a decrease in household consumption or purchasing power (Irawan & Alamsyah, 2021), especially for Indonesia as a country with a lower middle class of 115 million people or 45% of the total population. The rapid spread of the virus through droplets (liquid that comes out of a person's nose or mouth when sneezing, coughing, or talking) has resulted in the Indonesian government implementing a lockdown system called Pembatasan Sosial Berskala Besar (PSBB) or we known as Large-scale Social Distancing (Andriani, 2020).…”

Section: Introductionmentioning

confidence: 99%

Contribution of robust optimization on handling agricultural processed products supply chain problem during Covid-19 pandemic

Chaerani¹,

Irmansyah²,

Perdana³

et al. 2022

10.5267/j.uscm

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This research aims to show how decision sciences can make a significant contribution on handling the supply chain problem during Covid-19 Pandemic. The paper discusses how robust optimization handles uncertain demand in agricultural processed products supply chain problems within two scenarios during the pandemic situation, i.e., the large-scale social distancing and partial social distancing. The study assumes that demand and production capacity are uncertain during a pandemic situation. Robust counterpart methodology is employed to obtain the robust optimal solution. To this end, the uncertain data is assumed to lie within a polyhedral uncertainty set. The result shows that the robust counterpart model is a computationally tractable through linear programming problem. Numerical experiment is presented for the Bandung area with a case on sugar and cooking oil that is the most influential agricultural processed products besides the main staple food of the Indonesian people, rice.

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The COVID-19's Economic Crisis and Its Solutions: A Literature Review

Cited by 16 publications

References 6 publications

The Impact of the Covid-19‘s Economic Recession on Food Security in Indonesia

The Impact of the Covid-19‘s Economic Recession on Food Security in Indonesia

Islamic Fintech Research: Systematic Review using Mainstream Databases

Contribution of robust optimization on handling agricultural processed products supply chain problem during Covid-19 pandemic

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