Countries in the world are faced with the threat of a global economic recession due to stagflation and inflation which causes economic deglobalization. The country is simultaneously trying to accelerate economic recovery after the Covid-19 pandemic. This is due to the economic sector facing fundamental challenges, especially the challenge of the need to increase the standard of living and income of the community. China has implemented a strategy of relying on the independence of science, technology, trade and economics. Meanwhile, Russia is experiencing a difficult post-crisis economic recovery trajectory starting from the challenge of reducing bank interest rates which are almost gone, low stock deposits into the market which has resulted in assets falling into foreign currencies. India is listed as the world's third largest economic giant after China and the United States. India is able to overcome economic problems relatively well.

And, the strategy that the government must implement in dealing with this is:
   1. Maximize the domestic market so that the production of export goods that are not absorbed by the American market can be optimally absorbed by the domestic market.
   2. Support the development of domestic industry to produce products that can be produced domestically, such as clothing and textiles and others so that they can compete with international markets.
   3. Diversifying export destinations, preventing the entry of illegal imported products.
   4. Empowering MSMEs (micro, small and medium enterprises).
   5. Create fiscal policies, one of which is physical incentives to encourage an improved investigative climate.
   6. Banks also need to implement monetary policies such as increasing domestic interest rates while still looking at conditions in the APBN (state income and expenditure budget).
And that might be my explanation, more or less, I'm sorry. Please and feel free to correct it, bro