Investment dynamics in the emerging market: COVID-19 influence

Journal of Governance and Regulation

article

Teddy Asmara¹  Setia Untung Arimuladi²  Yos Johan Utama² 

[1] Universitas Swadaya Gunung Jati;Universitas Diponegoro, Semarang City, Central Java

关键词: Investment Policy;    Economic Growth;    COVID-19;    Job Creation;    Indonesia;   

DOI  :  10.22495/jgrv11i4art9

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

The COVID-19 pandemic had a tangible impact on Indonesia’s economy to a 4.5% economic growth contraction (Husnulwati & Yanuarsi, 2021). To analyze the dynamics of investment in the emerging market and the effects of COVID-19 associated with the work creation law in Indonesia. This study is research in the field of law with an empirical legal research approach. The Job Creation Law provides simplifications, especially concerning business licensing and investments that can be made starting from the micro, small and medium enterprises (MSME) level. The COVID-19 pandemic can be interpreted as momentum for Indonesia to attract more investors. The world economy has had significant changes, especially in exports and imports, coupled with the trade war between China and the United States (Sumarni, 2020). Still, several things must be paid attention to, namely: the long-term effect of investment after the amendment of investment provisions in the water, electricity, weapons, and defense business sectors; and the formulation of implementing regulations in the Job Creation Law because so far, Indonesia has been known to be slow in formulating laws and regulations.

【 授权许可】

CC BY-NC