Tazkia Islamic Finance and Business Review
Vol. 16 No. 1 (2022)

Socioeconomic Wellbeing Amid The COVID-19 Crisis : Indonesia and Malaysia

Nurul Hilmiyah (Universitas Pancasila, Indonesia)
Mira Munira (Universitas Pancasila, Indonesia)
Dewi Tri Rahayu (Universitas Pancasila, Indonesia)
Muhammad Hakimi Shafiai (Universiti Kebangsaan Malaysia)
Zulfa Emeliya Zein (Universiti Kebangsaan Malaysia)



Article Info

Publish Date
19 Dec 2022

Abstract

Massive and ongoing outbreaks of the corona virus have become a serious threat with a negative impact on the living standards and socio-economic well-being of the community. The objective of this study is to investigate the severe level of pandemic impact on both countries, Indonesia and Malaysia, and analyze the effectiveness of policy response, particularly on the economic stimulus to bring back socioeconomic well-being on the right track. This article employs content analysis as well as a comparative approach between two countries, Indonesia and Malaysia. Both mitigation plans from Indonesia and Malaysia have advantages and disadvantages to their economy and socioeconomic conditions. It is expected that this study contributes both theoretically and practically to the field of socioeconomic well-being in both countries. Keywords: Covid-19, Socioeconomic Wellbeing, Mitigation Policy, Malaysia, Indonesia

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Journal Info

Abbrev

tifbr

Publisher

Subject

Economics, Econometrics & Finance

Description

Tazkia Islamic Finance and Business Review (TIFBR) is a peer-reviewed journal published by the Institute for Research and Community Empowerment (IRCE), Tazkia University College of Islamic Economics in collaboration with Association of Islamic Economics Lecturers (ADESY). The Journal is semi-annual ...