COVID-19 and ASEAN responses: Comparative policy analysis

Djalante, Riyanti; Nurhidayah, Laely; Minh, Hoang Van; Phuong, Nguyen Thị; Mahendradhata, Yodi; Trias, Angelo Paolo L.; Lassa, Jonatan; Miller, Michelle Ann

doi:10.1016/j.pdisas.2020.100129

Cited by 102 publications

(84 citation statements)

References 3 publications

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“…Indonesia is forth most populated country in the world 3 . If we compare Indonesia with other South-East Asian countries, the country does not seem to be doing very well with respect to handling the pandemic, owing to its large population size and lower per capita income (Djalante et al, 2020). Since it is one of the most important countries in the South-East Asian region (Rattanasevee, 2014), it would be interesting to see how the COVID-19 pandemic impacted Indonesia's stock market.…”

Section: Introductionmentioning

confidence: 99%

Impact of Covid-19 on Islamic and Conventional Stocks in Indonesia: A Wavelet-Based Study

Ali¹,

Anwar²,

Haseeb³

2021

BEMP

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The recent literature shows that COVID-19 has impacted stock markets around the world in many ways. In this paper, we examine the reaction of the Indonesian stock market to COVID-19. We apply the continuous wavelet coherence methodology to daily COVID-19 related deaths and daily conventional and Islamic stock indices inIndonesia. We find that COVID-19 negatively impacts the returns of both indices and enhances their volatility. We find the Islamic stock index to be more volatile as compared to its conventional counterpart during the COVID-19 outbreak.

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Section: Introductionmentioning

confidence: 99%

Impact of Covid-19 on Islamic and Conventional Stocks in Indonesia: A Wavelet-Based Study

Ali¹,

Anwar²,

Haseeb³

2021

BEMP

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“…Along with fiscal policy measures approved by governments to reduce the negative impact of the coronavirus pandemic on economic activity, central banks in advanced economies have responded quickly to the crisis, injecting liquidity into money markets and buying bonds to preserve both financial stability and effective transmission of monetary policy [54, [127][128][129][130][131][132][133][134][135][136]. For example, the European Central Bank [137] decided to temporarily launch the Pandemic Emergency Purchase Program (PEPP).…”

Section: Possible Models Of Economic Recoverymentioning

confidence: 99%

The Impact of the COVID-19 Pandemic on Social, Health, and Economy

et al. 2021

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In late December 2019, a series of acute atypical respiratory disease occurred in Wuhan, China, which rapidly spread to other areas worldwide. It was soon discovered that a novel coronavirus was responsible, named the severe acute respiratory syndrome coronavirus-2 (SARS-CoV-2, 2019-nCoV). The impact of the COVID-19 pandemic on the population’s health is unprecedented in recent years and the impact on a social level even more so. The COVID-19 pandemic is the most large-scale pandemic on earth this century, and the impact in all life sectors is devasting and directly affected human activity in the first wave. The impact on the economy, social care systems, and human relationships is causing an unprecedented global crisis. SARS-CoV-2 has a strong direct acute impact on population health, not only at the physiological level but also at the psychological level for those who suffer it, those close to them, and the general population, who suffer from the social consequences of the pandemic. In this line, the economic recession increased, even more, the social imbalance and inequity, hitting the most vulnerable families, and creating a difficult context for public institutions to address. We are facing one of the greatest challenges of social intervention, which requires fast, effective, and well-coordinated responses from public institutions, the private sector, and non-governmental organizations to serve an increasingly hopeless population with increasingly urgent needs. Long-term legislation is necessary to reduce the vulnerability of the less fortunate, as well as to analyze the societal response to improve the social organization management of available resources. Therefore, in this scoping review, a consensus and critical review were performed using both primary sources, such as scientific articles, and secondary ones, such as bibliographic indexes, web pages, and databases. The main search engines were PubMed, SciELO, and Google Scholar. The method was a narrative literature review of the available literature. The aim was to assess the effects of the COVID-19 pandemic on population health, where the possible interventions at the health level are discussed, the impact in economic and social areas, and the government and health systems interventions in the pandemic, and finally, possible economic models for the recovery of the crisis are proposed.

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“…From the first imported case on 9 March 2020, the government was able to prevent community transmission by introducing early preventive measures. The travel ban starting 16 March 2020 and fast execution of social distancing measures were crucial to prevent more imported cases (Djalante et al, 2020). Individuals and industries were subjected to the de-escalation plans that cautiously lifts Covid-19 restrictions in four phases.…”

Section: Case Study: Covid-19 In Bruneimentioning

confidence: 99%