By: Wisnu Setiadi Nugroho
Department of Economics, FEB UGM
Head of Poverty and Inequality Alleviation Studies (EQUITAS)

The number may seem small: a decline of 1.2 million people in a year.

Providing collaborative spaces is one of the key elements in building a productive and innovative academic culture.

The sound of kentungan (traditional bamboo slit drums), mask dances, and the warm welcome of villagers marked the beginning of an unforgettable cultural experience for international students of the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM).

A widely circulated infographic on social media recently claimed that Indonesia ranks as the second-poorest country in the world, reporting a poverty rate of 60.3 per cent, compared with Zimbabwe’s 84.2 per cent, and attributed the figures to the World Bank.

Lecturer at the Department of Economics, Faculty of Economics and Business, Gadjah Mada University (FEB UGM), as well as the Poverty and Inequality Research Division/EQUITAS (Equitable Transformation for Alleviating Poverty and Inequality), Wisnu Setiadi Nugroho, Ph.D., said that the World Bank has never issued any documents through the Global Poverty Line, Poverty and Inequality Platform (PIP), nor the Macro Poverty Outlook that mentions Indonesia as the second poorest country in the world. read more

Indonesia’s economy continues to grow. However, behind this achievement, more than half of Indonesian workers still earn wages below the minimum standard.

A long career in the business world did not stop Zaki Permana (38) from returning to the classroom.

The phenomenon of overwork, defined as excessively long working hours, has become a reality for many workers in Indonesia.

The Alumni Association of the Faculty of Economics and Business, Universitas Gadjah Mada (KAFEGAMA), through its KAFEGAMA Peduli programme, distributed Rp 200 million in humanitarian aid to communities affected by floods and landslides in Sumatra Barat Province.

The floods and landslides in Aceh, North Sumatra, and West Sumatra on 25-27 November 2025 not only left deep sorrow for the communities affected by the disaster, but also caused significant damage.

The Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), provides various forms of support to its students affected by disasters in Aceh, North Sumatra, and West Sumatra.