Two lecturers from the Department of Economics, Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), Dr. Muhammad Ryan Sanjaya and Amanda Wijayanti, M.S., have contributed to an international research project published in the prestigious scientific journal Proceedings of the National Academy of Sciences on March 20, 2026.

The study, titled “The Private Solution Trap in Collective Action Problems Across 34 Nations,” reveals the phenomenon of the private solution trap, which refers to individuals’ tendency to choose independent solutions rather than engage in collective action when addressing global challenges.

Choosing a college major can often be a challenge for prospective students.

Global geopolitical tensions, particularly in the Middle East, could affect the global economy, including Indonesia.

The Eid homecoming tradition (mudik) has long been recognised as a driver of the national economy.

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.