Economics

On District/City Minimum Wages: Too High or Too Low?

Some time ago, Twitter was abuzz about minimum wages. The trigger seemed to be news about Minister of Manpower Ida Fauziyah commenting on how high minimum wages are in Indonesia. One widely shared report was tweeted by CNN Indonesia below.

Dec 8, 2021

Economic Issues in the SDGs Framework in Indonesia
Economic Issues in the SDGs Framework in Indonesia

Together with my colleagues, I had the opportunity to discuss the PPI Dunia book on Sustainable Golden Indonesia, Economy Series 1, published by LIPI Press. It was a pleasure to share the stage with Pak Suryanto and the students at UNS!

Oct 6, 2021

Purchasing Power Parity and the Big Mac Index

We often see the news comparing GDP between countries. These GDPs are usually measured in constant USD or current USD. While these GDP measures are useful for comparing economic power (not the best vocab to use? Not sure what’s better tho), they are not very useful to compare standard of living. That’s because price level in one country is different than other countries. While Indonesian GDP is smaller than Australia if we measure it with current USD, Indonesian GDP is actually bigger if measured with GDP PPP.

Oct 6, 2021

Book Launch Seminar: Sustainable Golden Indonesia 2045 - Collected Thoughts of Indonesian Students Worldwide, Series 01 Economics
Book Launch Seminar: Sustainable Golden Indonesia 2045 - Collected Thoughts of Indonesian Students Worldwide, Series 01 Economics

Launch of the PPID Economics book

Aug 20, 2021

Indonesia Emas Berkelanjutan 2045: Kumpulan Pemikiran Pelajar Indonesia Sedunia Seri 01 Ekonomi
Indonesia Emas Berkelanjutan 2045: Kumpulan Pemikiran Pelajar Indonesia Sedunia Seri 01 Ekonomi

LIPI Press and Overseas Indonesian Students Association Alliance (OISAA) published a series called “Indonesia Emas Berkelanjutan 2045: Kumpulan Pemikiran Pelajar Indonesia Sedunia”, written in Bahasa Indonesia. This series in particular discusses the Indonesian Vision 2045 through the lens of Sustainable Development Goals (SDGs), in particular Poverty eradication (target 1), Sustainable and inclusive economic growth (target 8), and reduced inequality (target 10).

Aug 8, 2021

Question 4 Tutorial 1 ECON3102 2021

About this post This post is created to quickly demonstrate one of the possible answer of question 4 of tutorial 1 of ECON3102. I chose to use r’s WDI to show it but any other software and any other source of data can be used obviously. The reason why I use WDI is because it is convinient and easy to show some graph. If we use World Development Indicators we don’t even need to download it. Just use its graph function which is super convinient.

Aug 1, 2021

Examining the National Economic Recovery (PEN) Stimulus Policy Amid the COVID-19 Pandemic Crisis
Examining the National Economic Recovery (PEN) Stimulus Policy Amid the COVID-19 Pandemic Crisis

The PPID economics commission examined Indonesia's National Economic Recovery (PEN) program in 2020 and 2021, and identified several issues.

May 1, 2021

Economic Conditions During the COVID-19 Pandemic
Economic Conditions During the COVID-19 Pandemic

I was invited by my colleague Bu Evi from Universitas Sebelas Maret to present on Indonesia's economic conditions to master's students in economics at Universitas Sebelas Maret. It was an honor to share the stage with Bapak Lukman Hakim, PhD.

Apr 8, 2021

Economic recovery through export
Economic recovery through export

I share a possible recovery through export. There seem to be a trade-off between going ahead with commodity export with an import substitution policy.

Feb 27, 2021

Indonesia's digital sector: opportunities and challenges
Indonesia's digital sector: opportunities and challenges

This post is about what I know regarding the digital economy in Indonesia. Indonesia (and indeed the whole world) is currently caught up in the hype of Industry 4.0, the digital economy, the Internet of Things, and similar trends. Digitalization seems unavoidable. While globalization has been fading, data exchange has been growing exponentially. Some of this content also appears in a collaborative book by PPI Australia on Realizing Indonesia 4.0. That book covers much more, including the impact of digitalization on healthcare, education, and more.

Feb 8, 2021