POLICY APPROACHES TO ANTICIPATE THE POTENTIAL RECURRENCE OF THE COVID-19 PANDEMIC OR SIMILAR CRISES AS A MEANS TO STRENGTHEN COMMUNITY ECONOMIC RESILIENCE

Authors

  • Mona Zarminiaty Universitas Terbuka, Indonesia
  • Irman Firmansyah Natural Resources and Environmental Management Science (NREMs)-IPB University, Indonesia

DOI:

https://doi.org/10.24843/JSFD.2026.v01.i01.p03

Keywords:

community, economic empowerment, ISM, pandemic, policy

Abstract

The COVID-19 pandemic, which began in early 2020, significantly impacted various sectors, with the economic sector in Indonesia being among the hardest hit. Social restrictions, transportation disruptions, and declining global demand affected approximately 2.8 million workers, including 749,400 who were laid off. A study by BRIN revealed that 15.6% of employees experienced termination, with 13.8% receiving no severance pay—highlighting the weakness of the existing social protection system and the unpreparedness of labor policies during large-scale crises. Therefore, it is essential to evaluate past policy implementation and formulate anticipatory strategies should similar crises occur in the future. This study aims to develop a prioritized strategic structure for strengthening community economic resilience in the event of a recurring pandemic. Conducted from February to May 2025, the study employed literature review and expert interviews, with informants selected through purposive sampling based on expertise and policy involvement. Data were analyzed using the Interpretative Structural Modelling (ISM) method. The findings recommend strategies such as conditional wage subsidies, flexible employment schemes, digitalization of public services and MSMEs, and national logistics reform. ISM provides a hierarchical framework that enables policymakers to design more targeted and effective responses to enhance economic resilience in future crises.

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Published

2026-06-05

How to Cite

Mona Zarminiaty, & Irman Firmansyah. (2026). POLICY APPROACHES TO ANTICIPATE THE POTENTIAL RECURRENCE OF THE COVID-19 PANDEMIC OR SIMILAR CRISES AS A MEANS TO STRENGTHEN COMMUNITY ECONOMIC RESILIENCE. Journal of Sustainable Finance and Development, 1(1), 33–44. https://doi.org/10.24843/JSFD.2026.v01.i01.p03

Issue

Vol. 1 No. 1 (2026): JOURNAL OF SUSTAINABLE FINANCE AND DEVELOPMENT

Section

Articles

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Copyright (c) 2026 Mona Zarminiaty, Irman Firmansyah

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