Institute for Economic and Social Reserch – Faculty of Economics and Business, University of Indonesia or well-known as LPEM FEB UI, is a research institute under the Faculty of Economics and Business, University of Indonesia as well as the largest community of academic researchers at the University of Indonesia. For more than 60 years, LPEM FEB UI has become one of the leading academic institutions in Indonesia, which plays an important role in contributing ideas through research, consulting, and education.
The establishment of a research center within the academic community at the Faculty of Economics, University of Indonesia is spearheaded by Prof. Dr. Soemitro Djojohadikusomo. In 1952, Prof. Dr. Soemitro Djojohadikusomo, who was serving as the Dean of the Faculty of Economics, University of Indonesia, set up two research centers. They are called Seminar Business Administration and Social Research Center. The objective of establishing both research centers is to support the research activities by doctoral candidates. A year later, in November 1953, the Social Research Center was renamed as Institute for Economic and Social Research (LPEM FEB UI). In 1956, the Seminar Business Administration was merged into the LPEM FEB UI.
During its development, LPEM FEB UI plays an important role in research and educational activities. Most of their activities are collaboration with public or private entities, both within and outside the country. Government agencies or privates and foreign institutions who have become clients of LPEM for research activities namely: Bank Indonesia, Ministry of Finance, Ministry of Energy and Mineral Resources, Ministry of Trade, Ministry of Industry, Toyota Astra Motor, Sucofindo, MEDCO Group, Indosat, Indonesia Media , Surveyor Indonesia, The World Bank, Asian Development Bank (ADB), International Monetary Fund (IMF), The Asia Fundation, National Bureau of Economic Research (NBER), the Japan International Cooperation Agency (JICA), the Economic Research Institute for ASEAN and East Asia (ERIA), United Nations Development Programme (UNDP), the International Labour Organization (ILO), the World Trade Organization (WTO), United Nations Children’s Fund of Fund (UNICEF), and United States Agency for International Development (USAID). As for education trainings, LPEM have several clients that include: The National Development Planning Agency (Bappenas), the Secretariat General of the House of Representatives, the Regional Government of DKI Jakarta, The Meteorology, Climatology and Geophysics Agency (BMKG), and the Business Competition Supervisory Commission (KPPU). In the last 35 years, LPEM FEB UI has completed more than 700 research activities in various fields which include:
- Economic development
- Regional economics
- Regional economic relations
- International economic relations
- International trade
- Finance and banking
- Economics of monetary and fiscal policy
- Agricultural and industrial
- Rural development
- Demographics and employment
- Poverty and income distribution
- Small-scale companies and cooperatives
Vision and Mission
LPEM FEB UI is an independent research and education institution that provides inputs to decision makers, both government and private sector with focus on economic policy as well as economic and social development. The missions which are carried by LPEM FEB UI are:
- To provide inputs on economic policies that are related to economic and social development.
- To conduct evaluation and monitoring activities on public policies, together with the government, business, and civil society.
- To conduct training to help improve the performance of government officials as well as businesses.
- To disseminate research results and educational activities.