Ardl Panel's Capability In Maintaining Economic Stability During Covid-19 Asean Founder Countries

The slowdown in the world economy due to COVID-19 pandemic has become one of triggers for increased analysis economic sector find proper steps protect from shadow crisis. However, most research is still focused on several separate policies, which makes results seem bleak. This was conducted using ARDL panel approach analyze ability endurance policy maintain a balance between aggregate demand and supply ASEFO countries. data used secondary (time series) 2009 – 2019. show that leading indicators controlling GDP countries basis are INF, NPL, GOV, LDR. Meanwhile, effectiveness variables INF GOV. Thus, government spending during must be controlled not cause inflation threat economy.