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Recession and Economic Turnaround

Besides making people anxious about their livelihood, re-cession has also turned people to be more creative, which can be done through informal business activities.

By
By Muhamad Chatib Basri
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https://dmm0a91a1r04e.cloudfront.net/JzzMfildjon_6LMe-qvI7kFp0aY=/1024x672/https%3A%2F%2Fkompas.id%2Fwp-content%2Fuploads%2F2020%2F11%2FINDONESIA-ECONOMY-INDICATOR_92872971_1604582029.jpg
AFP/GOH CHAI HIN

Customers gather at a street stall in Jakarta on November 5, 2020, as Indonesia tumbles into first recession since the Asian financial crisis.

Recession can be smelled from the kitchen. This is a simplistic expression, but it refreshes our memory on the latest recession that this country had, in which food booths and stalls flourished in various parts of Jakarta at night in 1997-1998.

People need to survive, and they could do that by selling foods at booths and stalls in the street. It happens during the COVID-19 pandemic but through a different means. Rather, people are selling foods via social media.

Editor:
naranasrullah
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