Institute for Economic and Social Research – Faculty of Economics and Business – Universitas Indonesia

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Prof. Dr. Satrio Budihardjo Joedono (Emeritus) (1970-1978)

Satrio “Billy” Budihardjo Joedono is an Indonesian economist and a (Emeritus) Professor of Faculty of Economics and Business, University of Indonesia (FEBUI). He completed his undergraduate degree at University of Indonesia majoring on economics of firm (1963). He studied in University of Pittsburgh earning a Master of Public Administration degree (1966), and Doctorate degree in Public Administration at the State University of New York at Albany (1971).

At University of Indonesia, he served as the Director of LPEM-FEBUI (1970-1978), Assistant Dean of FEBUI Academic Affairs (1978-1982), and Vice Rector of University of Indonesia managing General Administration unit (1982-1986). He also helped Prof. Dr. Sumitro Djojohadikusomo as an assistant of Minister of Trade (1970-1973). He was an assistant of Minister of Research (1973-1978), and helped Prof. Dr. Ing. B.J. Habibie as a Director of BPP Technology System Analysis (1978-1982). He was also an assistant of Minister for Research and Technology (1979-1982), and Expert Staff of Minister for Research and Technology (1986-1988). Drs. Radius Prawiro appointed him as Fourth Assistant Staff of Coordinating Minister of Economy and Development Evaluation (1988-1993). He was actively involved in the deregulation of the national economy throughout his career.

While serving as Minister of Trade (1993-1995), he deregulated trade laws, completing negotiations and signed the Treaty of Marrakech in Uruguay (1994). He later became the Indonesian ambassador for France and the Principality of Andorra (1996-1998). Afterward, he was elected as the Head of National Supreme Audit Board of Indonesia (BPK) (1998-2004). He led BPK to fight corruption in Indonesia. As Head of the BPK, he continued by ex officio, holding Indonesia position as Chairman of Governing Board of the Asian Organization of Supreme Audit Institutions (ASOSAI) (1998-2003) and member of the Board Audit ASOSAI (2003-2004).

After retiring as a member of High Academic Council of Faculty of Economics and Business, University of Indonesia in 2006, he continued to teach under the Department of Management, FEBUI.

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