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All Journal NUSANTARA : Jurnal Ilmu Pengetahuan Sosial Jurnal Akuntansi Bisnis dan Publik JURMA : Jurnal Program Mahasiswa Kreatif Jurnal Bina Bangsa Ekonomika Journal of Trends Economics and Accounting Research Proceeding of The International Conference on Economics and Business Atestasi : Jurnal Ilmiah Akuntansi
Suhendi Suhendi
Universitas Pembangunan Panca Budi
Computer Science & IT Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Public Health Social Sciences

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Covid-19 Pandemic: Impact on Economic Stability In 8-Em Muslim Countries Lia Nazliana Nasution; Suhendi Suhendi; Rusiadi Rusiadi; Dewi Mahrani Rangkuty; Abdiyanto Abdiyanto
Atestasi : Jurnal Ilmiah Akuntansi Vol. 5 No. 1 (2022): March
Publisher : Pusat Penerbitan dan Publikasi Ilmiah, FEB, Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/atestasi.v5i1.626

Abstract

The impact of the COVID-19 epidemic on economic stability in 8-EM muslim countries is enormous. The analysis forecasts how big of an impact it will have on the extent of the economic recession in the eight EM Muslim countries. The ARDL Panel is utilized in the data analysis model and the independent sample t-test model. As a result, the money supply flowing from all eight EM Muslim nations has a greater impact on economic stability and recession in Indonesia than it does in Saudi Arabia or Pakistan. Muslim emerging market countries that are very capable of controlling macroeconomic stability during the Covid-19 pandemic are Bangladesh, Indonesia with variable government expenditures, taxes, interest rates, money supply then Malaysia through tax policies and government expenditures, investment and money supply, UAE and Saudi Arabia policies stabilize the economy on tax variables, investments, money supply, Egypt and Turkey through money supply. Indonesia has the ability to control the economy through exchange rates. Bangladesh and Malaysia through the money supply. These results suggest that economic stability must be controlled hammering control over the money supply and exchange rate.
Co-Authors , Harianto , Oktarini Khamilah Siregar Abdiyanto Abdiyanto Ade Novalina Amri Darma Kurniawan S. Andria Zulfa Bakhtiar Efendi Bhaktiar Efendi Budi Rusdianto Dewi Mahrani Rangkuty Diwayana Putri Nasution Fuji Rahmadi Kiki Farida Ferine Lia Nazliaan Nasution Lia Nazliana Nasution M. Fauzan Rusyidi Nst Nuri Rahayu Ningsih Pantun Harianja Rizky Rizky Ronald Farel Siahaan Rosliana Rosliana Winda Safrida