Institute for Economic and Social Research – Faculty of Economics and Business – Universitas Indonesia

MACROECONOMIC ANALYSIS SERIES: BI Board of Governor Meeting, April 2020

The pandemic of Covid-19 has shown as a shock we have never experienced at least in the last 100 years. The disturbance brought by Covid-19 is touching all aspects of life globally.  Besides risking the life of millions of people, Covid-19 is also bringing an economic turmoil not only at the individual level but also on the national and global scale. The turmoil caused by the outbreak has shocked the financial market due to the increased in volatility and uncertainty, which caused global investors to shift their portfolio from risky assets to safe-haven assets. This behavior of “flight-to-safety” has triggered capital outflows from emerging markets, induced the shortage of liquidity in FX markets and threatening currencies’ stability. Furthermore, the disruption of supply chain and credit crunch in the banking sector might pose a risk of goods supply shortage during the Ramadhan and Eid period which could  potentially translate into high inflation due to supply shock.

Download (PDF, 1.19MB)

Recent Post

The Impact of COVID-19 on Voter Turnout in the 2020 Regional Elections in Indonesia: Do Voters Care About Health Risks?

Maret 21, 2024

Macroeconomic Analysis Series: BI Board of Governor Meeting, March 2024

Maret 20, 2024

Dampak Ekonomi Penyelenggaraan Pertunjukan Musik: Konser Taylor Swift dan Coldplay di Indonesia dan Singapura (Trade and Industry Brief, Special Report, Maret 2024)

Maret 6, 2024

Macroeconomic Analysis Series: Monthly Inflation, March 2024

Maret 4, 2024

Related Post

COVID-19 on Voter

Maret 21, 2024

The Impact of COVID-19 on Voter Turnout in the 2020 Regional Elections in Indonesia: Do Voters Care About Health Risks?

Macroeconomic Analysis Series: BI Board of Governor Meeting, March 2024

Dampak Ekonomi Penyelenggaraan Pertunjukan Musik: Konser Taylor Swift dan Coldplay di Indonesia dan Singapura (Trade and Industry Brief, Special Report, Maret 2024)