Issues relating to implementation of the IMF rescue package have assumed centre stage of debate about the future of the Indonesian economic system. Despite President Soeharto’s public dedication to implementing the reforms within the plan, it soon grew to become obvious that he was reluctant to just accept their full implications. Further indications had been that Soeharto needed to guard the monopoly of primary commodities trade held by BULOG and to maintain funding for the heavily-subsidised state-owned aircraft trade overseen by his closest political affiliate, Habibie. The day after signing the IMF package deal, Soeharto additionally signed a decree permitting numerous the tasks postponed or positioned under review in September to proceed.
The possible causal pathways leading to optimistic effects of stay at residence policies, restrictions on internal movements and bans on international journey are troublesome to ascertain. One purpose might be that these policies helped containing the spread of the virus, whereas inflicting minimal disruptions to economic exercise, resulting in relative constructive effects. Fezzi and Fanghella also concluded that pursuing a herd immunity strategy did not protect countries from economic impacts, in line with our outcomes. Moreover, Furceri et al. find a hyperlink between the deaths per capita and …
