Survey Data on Perceptions of Economic Risk in Indonesia (SPREI)
Description
This dataset compiles data collected from 134 respondents in Indonesia in 2023, including policymakers, entrepreneurs, managers, academicians, and experts in different fields. The survey gathered insights on 26 risks and their projected effects on Indonesia's economy over the coming one, two, and ten years. It also collects data on risk management preparedness and relevant stakeholders in dealing with these risks. This dataset is valuable for identifying potential risks, assessing their severity, evaluating the efficacy of economic risk management, and analyzing the anticipated influence in the next two and ten years. The survey encompasses diverse risk categories, encompassing emerging concerns like food security, financial, ecological, societal, geopolitical, and technological risks. This information proves invaluable in pinpointing critical issues such as environmental threats, technological disruptions, and socio-economic vulnerabilities that may arise in the foreseeable future. Offering academicians, businesses, and policymakers essential insights, this dataset aids in foreseeing and mitigating potential crises, thereby enhancing resilience and promoting sustainable development in Indonesia's complex landscape. This dataset contributes to well-informed policy formulation by identifying pivotal risks and potential consequences and encourages collaborative endeavors to address Indonesia's most pressing challenges.
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Steps to reproduce
The survey and the measures were designed based on previous theoretical models analyzing global economic risks (Global Risk Report; Cambridge Global Risk Index 2020). We tailored the adopted risks using the Brainstorming method to align with Indonesia's specific conditions. The survey encompassed 26 risks, categorized into five main groups: economic, political, social, technological, and environmental. The survey encompasses several key elements. Participants share their perspectives on Indonesia's economic conditions for the next two and ten years, using a five-option scale ranging from severe crisis (lowest) to stabilized and progressively improving conditions (highest). They rank 14 randomly selected risks based on anticipated economic stability and recovery impacts in 2023. Participants prioritize the top five risks from these 14 based on projected economic impact in 2023. Moreover, respondents evaluate the effects of 26 listed risks on Indonesia's economic stability and recovery over the next 2 and 10 years, utilizing a Likert scale of 1 (least significant) to 7 (most significant) impact. They identify five out of 26 factors as primary catalysts for a set of 10 randomly chosen risks. The effectiveness of existing risk management by diverse stakeholders in preventing potential risks and preparing for mitigation is assessed. Respondents rate the current effectiveness on a 1-5 scale, ranging from least effective to most effective. Lastly, participants are prompted to identify three stakeholders capable of effectively managing the most severe risks. Choices include local government, central government, public sector collaboration, private sector, and international organizations. This comprehensive survey offers insights into economic perceptions, risk prioritization, and risk management evaluation, facilitating a holistic understanding of Indonesia's economic landscape.