Kiki Verico
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Macroeconomic and Fiscal Policy
Kiki Verico, Ph.D.
Economist, Academic, and Policy Advisor
Kiki Verico is a distinguished Indonesian economist recognized for his deep expertise in macroeconomic stability, fiscal policy, international trade, and regional economic integration. Serving as an Associate Professor, Vice Dean, and Head of the Institute for Economic and Social Research at the Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI), he plays a critical role in shaping both academic discourse and public policy in Indonesia.
As a trusted policy advisor, Dr. Verico has served as an Expert Staff member and Adviser to the Indonesian Minister of Finance on industry and international trade. In this capacity, he has contributed extensively to formulating macroeconomic frameworks and fiscal strategies designed to maintain Indonesia’s economic resilience amid global uncertainty.
Academic Background
Dr. Verico holds a Master’s degree and a Ph.D. in International Economics. He has built a rigorous academic foundation focusing on macroeconomic imbalances, business cycles, and the dynamics of global value chains. His scholarly work is heavily cited in areas concerning ASEAN economic integration, foreign direct investment (FDI), and strategies for developing nations to escape the middle-income trap.
Professional Roles & Affiliations
Vice Dean & Associate Professor, FEB UI: Leading academic administration while mentoring students and lecturing on international economics and macroeconomics.
Head of LPEM FEB UI: Directing one of Indonesia’s most prominent economic think tanks. Under his leadership, the institute provides evidence-based policy recommendations to the government regarding fiscal resilience, trade barriers, and structural reforms.
Adviser to the Minister of Finance: Providing strategic insights into counter-cyclical fiscal policies, trade incentives, and managing the national budget deficit during economic shocks to stabilize the real sector without overly interfering with monetary policy.
Areas of Expertise
Macroeconomic Policy & Structural Reform: Advocating for robust institutional quality, technological innovation, and structural reforms. He emphasizes that securing long-term physical investment from developed nations is key to accelerating Indonesia’s economic growth.
Fiscal Resilience & Stabilization: Advising on counter-cyclical fiscal approaches, state budget optimization, and navigating global supply chain disruptions to protect domestic purchasing power and maintain a stable real sector.
International Trade & FDI: Analyzing bilateral economic relations, global value chains, and the macroeconomic impact of regional trade agreements (such as ASEAN single- and dual-track options) on Indonesia’s national output.