ANALYSIS OF COVID-19 LOCKDOWN POLICY IMPACT BY THE GOVERNMENT OF THE COUNTRY ON THE ECONOMIC SECTOR AND SIGNING OF WORKING RELATIONSHIPS (LAYOFFS)

Mohammed Abdela Mahammed

Abstract


The lockdown authority based on the laws in each country regarding Health Quarantine is the absolute authority of the Government. As stated, "health quarantine is carried out to prevent and ward off the entry or entry of diseases and / or community health risk factors that have the potential to cause public health emergencies." Therefore if there is a regional government that feels the region has an emergency situation and wants to do a lockdown, of course this is unconstitutional and there needs to be a consul from the regional head with the central government before making any related policies. Considering the emergency situation, the spread of the corona virus which has now infected many people (starting from December 2019 to June 2020) can be categorized as an infectious disease that can trigger public health emergencies, so that the implementation of national quarantine can actually be done especially with authority which is clearly stated in the legislation. But so far the central government has not issued a lockdown policy, even though the number of infections has increased. This is influenced by economic considerations during the lockdown. Economic decline, business failure to the number of layoffs by companies are the main considerations. Likewise, the risk of many workers will be fired (laid off) because the company or office is not operating. Not to mention the government must be able to meet the basic needs of the population during lockdown or national quarantine activities when enacted. The question also arises, whether the government is able to meet the primary needs of its citizens when the lockdown occurs.


Keywords


Lockdown Policy; COVID-19; Economics; Layoffs; Government.

Full Text:

PDF

References


Worldometer. Available: https://www.worldometers.info/coronavirus/.

HOROWITZ, CRAJ 2010. The coronavirus is already hurting the world economy. Here's why it could get really scary. CNNBUSINESS, February 10, 2020.HUTT, R. 2020. The economic effects of the COVID-19 coronavirus around the world. The World Economic Forum.INMAN, P. 2020a. Coronavirus 'could cost global economy $ 1.1tn in lost income'. The Guardian, Wed 19 Feb 2020.INMAN, P. 2020b. Will the coronavirus outbreak derail the global economy? The Guardian. International Review of Finance, 10 (1), 1-26.

Bagliano, FC, &Morana, C. (2012). The Great Recession: US dynamics and spillovers to the world economy. Journal of Banking & Finance, 36 (1), 1-13.

Bentolila, S., Jansen, M., & Jiménez, G. (2018). When credit dries up: Job losses in the great recession. Journal of the European Economic Association, 16 (3), 650-695.

Bezemer, DJ (2011). The credit crisis and recession as a paradigm test. Journal of Economic Issues, 45 (1), 1-18.

El-Erian, M. (2020). The Coming Coronavirus Recession and the Uncharted Territory Beyond.

Foreign Affairs, Media Report. Available at:https://www.foreignaffairs.com/articles/2020-03- 17 / coming-coronavirus-recession

Financial Times (2020). Global recession is here, say top economists. Available at: https://www.ft.com/content/be732afe-6526-11ea-a6cd-df28cc3c6a68

Gaiotti, E. (2013). Credit availability and investment: Lessons from the "great recession". European Economic Review, 59, 212-227.

Georgieva, K (2020). IMF Managing Director Kristalina Georgieva's Statement Following a G20

Ministerial Call on the Coronavirus Emergency. IMF Press statement. Available at: https://www.imf.org/en/News/Articles/2020/03/23/pr2098-imf-managing-director-statement-following-a-g20-ministerial-call-on-the-coronavirus -emergency

Horowit, J. (2020). The global coronavirus recession is beginning. CNN. Media report. Available at: https://edition.cnn.com/2020/03/16/economy/global-recession-coronavirus/index.html

Jagannathan, R., Kapoor, M., & Schaumburg, E. (2013). Causes of the great recession of 2007 ?? 2009: The financial crisis was the symptom not the disease. Journal of Financial Intermediation, 22 (1), 4-29.

Larry Elliot, L. (2020). Prepare for the coronavirus global recession. The Guardian. Media report.

Available at: https://www.theguardian.com/business/2020/mar/15/prepare-for-the-coronavirus-global-recession

Mian, A., & Sufi, A. (2010). The great recession: Lessons from microeconomic data. American Economic Review, 100 (2), 51-56.

Ozili, PK (2019). 100 Quotes from the Global Financial Crisis: Lessons for the future. Available at SSRN 3500921




DOI: http://dx.doi.org/10.26532/ijlr.v4i1.10942

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.


International Journal of Law Reconstruction Indexed by :

DOAJgoogle_scholarsintacrossrefMendeley onesearch  dimension


International Journal of Law Recnstruction  
Faculty of Law, UnissulaCopyright of International Journal of Law Reconstruction
Jalan Kaligawe Raya KM.4, Terboyo Kulon, Genuk, E-ISSN 2775-8885 (Online)
Semarang, Central Java, Indonesia, 50112IJLR is licensed under a