Affiliation:
1. Study Program of Agribusiness, Faculty of Agriculture, Universitas Sebelas Maret, Surakarta 57126, Indonesia
2. School of Environmental Science, Universitas Indonesia, Central Jakarta 10430, Indonesia
3. Agricultural Extension Department, Faculty of Agriculture, Jember University, Jember 68121, Indonesia
Abstract
Every facet of life, including health, social, and economic aspects, has undergone a tremendous transformation due to the COVID-19 pandemic. This condition is exacerbated by socioeconomic fragility and vulnerability amid economic uncertainty, with an enormous debt burden and inequality increasingly spreading to regions. Elements of society in Indonesia experience the problem of a lack of income and capital, in addition to vulnerability and helplessness. Social, economic, community–institutional, and resource vulnerabilities are inevitable; therefore, they must be identified, anticipated, and dealt with to avoid worsening. This research aims to identify the affected households and their economic resilience when facing the COVID-19 pandemic. A mixed approach with a sequential exploratory strategy was employed, whereby qualitative data were first collected and analyzed. Based on the findings of the first stage, quantitative data were obtained and examined in the second stage. This study was conducted in two rural locations with distinct characteristics: the Gunungkidul District on Java Island and the Bangkalan District on Madura Island. These findings demonstrate the economic resilience of households in Bangkalan and Gunungkidul. The factors that significantly influence economic resilience are household income, assets, and product availability in the market.
Funder
Universitas Sebelas Maret
Reference124 articles.
1. The World after COVID-19: An Opportunity for a New Beginning;Bhusal;Int. J. Sci. Res. Publ.,2020
2. Ozili, P.K., and Arun, T.G. (2021). Spillover of COVID-19: Impact on the Global Economy, SSRN.
3. The Newly Emerged COVID-19 Disease: A Systemic Review;Abebe;Virol. J.,2020
4. The Impact of the COVID-19 Pandemic on Consumption: Learning from High Frequency Transaction Data;Chen;SSRN Electron. J.,2020
5. Carlsson-Szlezak, P., Reeves, M., and Swartz, P. (2023, December 01). What Coronavirus Could Mean for the Global Economy. Available online: https://hbr.org/2020/03/what-coronavirus-could-mean-for-the-global-economy.