Coping with the Threats of Recession

Indonesia\'s economic performance in the third quarter of 2019 showed further decline as it grew only 5.02 percent year-on-year. It means that the average growth until the third quarter of 2019 only reached 5.04 percent.

KOMPAS/TOTOK WIJAYANTO

Enny Sri Hartati

In fact, the slowing economic growth also hit almost all countries. The Organization for Economic Cooperation and Development (OECD) even projects that global economic growth in 2019 will only reach 2.9 percent.

Likewise, the economic growth of the G-20 member countries is predicted to grow by only 3.1 percent. With the downward trend in the global economy, we often justify that Indonesia\'s economic growth of 5 percent is normal. In addition, the impact of the trade war between the United States and China will also affect the economic growth.