Policy Research
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This paper presents an investigation of the causal impact of COVID-19, through lockdowns, on household income, income expectations, consumption of durable goods, and budget allocation in Indonesia using high-frequency data from the monthly Bank Indonesia consumer survey with more than 176,000 respondents.
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Digitalization has contributed substantially to the global economy during the COVID-19 pandemic. In Indonesia’s case, digitalization even sustained the country’s economy during the pandemic. It is only appropriate that the government continue accelerating its digital transformation in postpandemic recovery.
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- City-level ecosystems are best positioned to foster tech startups, especially early- stage ventures. Ecosystems should play an active role in startup enablement, talent development, and urban place-making.
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- The Direct Cash Transfer-Village Fund (BLT-DD) program implemented by villages indicates the villages’ ability to manage social assistance programs transparently and accountably.
- The key is village deliberation meeting as the highest-ranked decision-making forum which is held openly and participatorily.
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This publication is only available in Bahasa Indonesia.
