Kesan Pandemik COVID-19 Terhadap Trajektori Ekonomi Malaysia : Impact of COVID-19 Pandemic towards Malaysia’s Economic Trajectory

Aznan Hasan; Fatin Nadhirah Jamalolail; Akbar Abd Rahman; Fauzi Ahmad; Izzul Amaris

doi:10.47548/ijistra.2022.55

Authors

Aznan Hasan Institute of Islamic Banking & Finance (IIiBF), International Islamic University Malaysia, Centre for Alternative Policies in Economics (CAPE)
Fatin Nadhirah Jamalolail Asia School of Business, Centre for Alternative Policies in Economics (CAPE)
Akbar Abd Rahman Renoir Consulting, Centre for Alternative Policies in Economics (CAPE)
Fauzi Ahmad Centre for Alternative Policies in Economics (CAPE)
Izzul Amaris Centre for Alternative Policies in Economics (CAPE)

DOI:

https://doi.org/10.47548/ijistra.2022.55

Keywords:

Trajektori Ekonomi, Pandemik, COVID-19, Malaysia

Abstract

Kajian ini meninjau kesan pandemik COVID-19 terhadap trajektori ekonomi Malaysia. Krisis kesihatan ini telah menyebabkan gangguan ekonomi dan sosial yang dahsyat apabila aktiviti ekonomi global hampir terhenti. Kos ekonomi yang tinggi dan pelbagai akibat pandemik COVID-19 termasuk penutupan perniagaan, peningkatan kemiskinan dan beban fiskal yang lebih besar. Pada masa yang sama, pandemik ini telah mempercepatkan kebangkitan ekonomi digital dan mendorong pertumbuhan ekonomi gig. Malaysia masih berpotensi untuk mendapatkan semula status ekonomi Harimau Asia walaupun dilanda pandemik dan berdepan dengan beberapa cabaran lain.

This study examines the impact of the COVID-19 pandemic towards Malaysia’s economic trajectory. The health crisis has caused devastating economic and social disruption as global economic activity came to a near standstill. The high and varied economic costs of the COVID-19 pandemic include business closures, rising poverty and greater fiscal burden. At the same time, the pandemic has accelerated the rise of the digital economy and spurred the growth of the gig economy. Malaysia still has the potential to regain her Asian tiger economy status despite the pandemic and some other challenges.

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