Pandemic Bonds Analysis of Inflation And Economic Growth In Overcoming Covid-19 Outbreak In Indonesia

International Journal of Economics and Management Studies
© 2020 by SSRG - IJEMS Journal
Volume 7 Issue 7
Year of Publication : 2020
Authors : Wahyu Indah Sari, Ade Novalina, Uswatun Hasanah
pdf
How to Cite?

Wahyu Indah Sari, Ade Novalina, Uswatun Hasanah, "Pandemic Bonds Analysis of Inflation And Economic Growth In Overcoming Covid-19 Outbreak In Indonesia," SSRG International Journal of Economics and Management Studies, vol. 7,  no. 7, pp. 117-122, 2020. Crossref, https://doi.org/10.14445/23939125/IJEMS-V7I7P115

Abstract:

The purpose of this research is to analyze short-term Pandemic Bonds, which can affect inflation and economic growth in repelling the negative effects of the Covid-19 virus outbreak that has an impact on the global economy, especially Indonesia. The specific target in this study is to find a director, not an appropriate influence in maintaining the economic stability and financial system in Indonesia because Pandemic Bonds is one of the policies traveled by the Government to encourage economic growth in controlling economic stability and global finance. The results of the study using the Path Analysis method that the Government Debt Securities and Government Islamic Securities affect economic growth through inflation gaining empirical support or inconclusive hypotheses received.

Keywords:

Government Debt Securities (SUN), Government Islamic Securities (SBSN), inflation, and economic growth.

References:

[1] Putong, I, Andjaswati, ND, Introduction to Microeconomics, Mitra Wacana Media, (2008). 
[2] Bank Indonesia, Codification of Bank Indonesia's Association: National Securities Auction and administration, (2013). 
[3] Bank Indonesia, External Debt Statistics of Indonesia, p.  11 (2020). 
[4] Boediono, Series Synopsis Introduction to Economic Sciences No. 2: Macroeconomics, Fourth Edition, Yogyakarta: BPFE, (2005). 
[5] Jhingan ML, Economic Development and Planning, Jakarta: Rajawali, (2004). 
[6] Sukirno, Sadono, Economics of Development: processes, problems, and basic wisdom., Jakarta: FE UI Publisher Institution, (1985). 
[7] PERPU, National Finance Policy and Financial System Stability. Patent Number 1,(2020).
[8] D. G. o. D. Management, Ministry of Finance of the Republic of Indonesia, [Online]. 
[9] Sukirno, Sadono, Macroeconomics. Introduction Theory, Jakarta: PT. Raja Grafindo Persada, (2006). 
[10] Yoga, S, In the middle of the Corona outbreak, the government can Rp 6.6 trillion from the Sukuk auction, (2020). [Online]. Available: https://money.kompas.com/read/2020/03/26/150200526/di-tengah-wabah-corona-pemerintah-dapat-rp-6-6-triliun-dari-lelang-sukuk.. [Accessed 25 05 2020].
[11] Bank Indonesia, Economic and Financial Statistics,  (2020). [Online]. Available: http://www.bi.go.id. [Accessed 28 April 2020].