Center For Economics and Development Studies (CEDS) UNPAD

What Center For Economics and Development Studies (CEDS) UNPAD does

The Center for Economics and Development Studies (CEDS) is a research institution established around 2000 under the Department of Economics, Faculty of Economics and Business, Universitas Padjadjaran (UNPAD) in Bandung, West Java, Indonesia. It produces evidence-based economic research and policy analysis across macroeconomics, health economics, environmental economics, labor markets, and development studies, employing 70+ research staff including 12 professors and 28 doctoral researchers. CEDS operates as a wholly university-owned, non-profit academic unit with no separate legal entity or external equity.

CEDS's core technology stack centers on Computable General Equilibrium (CGE) modeling using GEMPACK software, supplemented by econometric analysis in EViews and Stata and Input-Output analysis. Its proprietary assets include the MINIMAL single-country CGE model for Indonesian policy analysis, the WoPEDS working paper series (listed in RePEC since 2007 with 16,700+ downloads), the CQPM public model library, and the CEDS Analysis policy brief platform. Product and service offerings include WoPEDS working papers, the CGE Training Online Course (11 modules), the Center for Quantitative Policy Modeling (CQPM) sub-unit, CEDS Analysis policy briefs, the weekly Research Seminar Series in Economics (RSSE), and tailor-made in-house training programs for government and corporate clients.

CEDS's go-to-market is sales-led and event-driven, targeting Indonesian government agencies (BAPPENAS, Ministry of Finance, KPPU, Bank Indonesia, regional Bappeda), state-owned enterprises (BNI Corporate University), and international organizations (ADB, UNDP, UNICEF, ILO). Revenue is generated through project-based research collaborations, capacity-building training fees, and international donor funding via GDN, EADN, EEPSEA, and GIZ partnerships. Distribution is primarily direct (in-person and hybrid training at Bandung facilities, in-house delivery at client sites) with one self-serve channel (the freemium CGE online course). CEDS maintains 42+ national and international partners and is ranked 5th all-time and 6th in the last 10 years among Indonesian economics institutions on RePEc.

Name

Center For Economics and Development Studies (CEDS) UNPAD

Legal name

Center for Economics and Development Studies (CEDS), Faculty of Economics and Business, Universitas Padjadjaran

Website

https://ceds.feb.unpad.ac.id

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

CEDS is a university-affiliated economics research center at Universitas Padjadjaran in Bandung, Indonesia, producing evidence-based policy research, CGE modeling, and capacity-building training for government agencies, state-owned enterprises, and international organizations across Southeast Asia.

Ownership category

akta.pro rank

Product category

Economic Research and Policy Consulting

NAICS

Colleges, Universities, and Professional Schools (611310)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Education Professionals (Teacher/Administrator CE, CPD) (EDAAALAE)

akta.pro secondary industries

Finance, Accounting & Risk (CFA/CPA/FRM) Certifications (EDAAANAD), Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE) (EDAAALAJ)

Keywords

• Economic policy research
• Computable general equilibrium modeling
• Capacity building training
• Development economics consulting
• Applied econometric analysis

Headquarters

HQ city

Bandung

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Research Collaboration: Research partnerships with government agencies, international organizations, and institutions providing project-based funding for economic research and policy analysis
2. Training Programs: Capacity building and training programs for government officials, BUMN, and academic institutions. Includes regular training, tailor-made programs, and CGE online courses
3. International Funding: Project funding from international networks such as GDN (DFID UK), EADN, and EEPSEA for regional development research

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

CEDS is a university-affiliated research and policy analysis center that conducts evidence-based economic research for Indonesia, specializing in Computable General Equilibrium (CGE) modeling, econometric analysis, and Input-Output studies. It delivers this through working paper publications (WoPEDS), structured training programs (including a flagship online CGE course using GEMPACK), tailor-made capacity building for government agencies and state-owned enterprises, and policy briefs for government decision-making.

Product overview

CEDS (Center for Economics and Development Studies) is a research institution under the Department of Economics, Faculty of Economics and Business, Universitas Padjadjaran (UNPAD) in Bandung, Indonesia. Its product and service portfolio centers on five interconnected offerings: (1) WoPEDS — the flagship working paper series (listed in RePEC since 2007) for economics and development research; (2) CGE Training Online Course — a flagship self-paced online program teaching Computable General Equilibrium modeling using GEMPACK software; (3) the Center for Quantitative Policy Modeling (CQPM) — a GIZ-supported unit providing QPM modules, training, and a public model library; (4) CEDS Analysis — a policy brief and research report series; and (5) Research Seminar Series in Economics (RSSE) — a weekly hybrid seminar program. Supplementary offerings include Tailor-Made Training programs for government and corporate clients, Staff Publications (130+ academic papers), the FTA Center Bandung (free trade information service), and the Regional Economic Competitiveness Forum (RECF). All offerings are research and knowledge-delivery services rather than commercial software products.

Differentiator

Problem solved

Functional benefit

Brands

• WoPEDS (Working Papers in Economics and Development Studies): CEDS's flagship working paper series listed in RePEC since 2007, covering economics and development research.
• CQPM (Center for Quantitative Policy Modeling)
• CGE Training Online Course
• RSSE (Research Seminar Series in Economics)

Products and services

• WoPEDS Working Papers Series CEDS's flagship working paper series in economics and development studies, listed in RePEC since 2007. Covers macroeconomics, health economics, environmental economics, labor markets, and public policy research relevant to Indonesia and Southeast Asia. Distributed as open access publications via RePEC.
• CGE Training Online Course Self-paced online training program teaching Computable General Equilibrium (CGE) modeling using GEMPACK software, comprising 11 video-based modules. Includes hands-on exercises, downloadable datasets, TABLO files, CMF files, and GEMPACK trial software installation guidance. Targeted at government officials, academics, and practitioners.
• Tailor-Made Training Programs Customized in-house training programs for specific institutional needs, covering CGE modeling, econometrics, policy analysis, monitoring and evaluation, Logical Framework Approach, and public budgeting. Delivered at client institutions across Indonesia for government agencies, state-owned enterprises, and academic institutions. Duration ranges from 1 day to several weeks.
• CQPM Trainings Hands-on training sessions covering quantitative policy modeling techniques, delivered through the CQPM unit for government agencies and academic institutions across Indonesia.
• CEDS Analysis Evidence-based policy briefs, economic opinions, and research reports produced by CEDS researchers covering fiscal policy for inclusive growth, low-carbon economy, and JKN program evaluation. Targeted at policymakers, academics, and the public.
• FTA Center Bandung Public service center operated by CEDS in collaboration with the Ministry of Trade (Ditjen PPI) and West Java Provincial Government, disseminating information on Indonesia's free trade agreements and supporting West Java exporters in utilizing international trade schemes.
• Regional Economic Competitiveness Forum (RECF) Forum of economists dedicated to increasing regional competitiveness in the Indonesian economy, specializing in industrial and banking sectors with focus on ASEAN Economic Community readiness. Publishes monthly news series and provides policy recommendations.

Quantifiable outcome

• RePEC ranking: 5th all-time and 6th in last 10 years among Indonesian economics institutions
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

21 partnerships are on record, tiered core, major and minor.

• GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit)coreStrategic or Co-development Partner · 1 January 2024GIZ supported establishment of Center for Quantitative Policy Modeling (CQPM) under CEDS for Domestic Resource Mobilization (DRM-GIZ) for Sustainable Development. CQPM advances evidence-based policymaking through quantitative economic modeling.
• BAPPENAS (National Development Planning Agency)coreStrategic or Co-development PartnerCEDS actively and continuously supports BAPPENAS through economic modeling and policy analysis. CEDS provides training and development of economic models for policy formulations.
• Ministry of Finance (Fiscal Policy Office)coreStrategic or Co-development PartnerGovernment partner for fiscal policy research and capacity building programs on economic modeling and analysis.
• Global Development Network (GDN)coreStrategic or Co-development PartnerCEDS selected in 2008 among 15 institutions in 15 countries for GDN project on Strengthening Institutions to Improve Public Expenditure Accountability, funded by DFID UK (£5 million).
• East Asian Development Network (EADN)coreStrategic or Co-development PartnerActive member of EADN running research projects on labor markets, poverty, and economic policies in East Asian developing countries.
• Economy & Environment Program for Southeast Asia (EEPSEA)coreStrategic or Co-development PartnerActive regional partner covering Southeast Asia and China, hosting training on environmental economics for researchers across the region.
• KPPU (Commission for Supervision of Business Competition)coreStrategic or Co-development PartnerCollaborative research on Business Competition Index 2025, including presentation at Competition Outlook 2026 forum. CEDS provides research expertise on market competition analysis.
• Bank IndonesiamajorStrategic or Co-development PartnerGovernment partner for monetary policy and banking sector research, including Growth Diagnostics Study and regional competitiveness analysis.
• Australian National University (ANU)majorStrategic or Co-development PartnerInternational academic partner with ANU-Indonesia Project collaboration for development economics research.
• Wageningen University (Netherlands)majorStrategic or Co-development PartnerInternational research partner for development economics and environmental economics studies.
• Leiden University (Netherlands)majorStrategic or Co-development PartnerAcademic partner including Prof. Arnold Tukker collaboration on Industrial Ecology for Low Carbon Economy forum.
• Asian Development Bank (ADB)majorStrategic or Co-development PartnerInternational organization partner for development research and policy analysis projects.
• UNDP IndonesiamajorStrategic or Co-development PartnerUnited Nations Development Programme partnership for sustainable development research in Indonesia.
• UNICEF IndonesiamajorStrategic or Co-development PartnerPartnership for child-related development research and social protection policy analysis.
• ILO IndonesiaminorStrategic or Co-development PartnerInternational Labour Organization partnership for labor market and employment research.
• BNI Corporate UniversitycoreStrategic or Co-development PartnerCorporate training partnership for capacity building of Bank Negara Indonesia's Office of Chief Economist division, 12-day program spanning 6 weeks.
• Kemenko Pemberdayaan MasyarakatcoreStrategic or Co-development PartnerGovernment partnership for research dissemination on JKN role in poverty reduction, supporting evidence-based policy.
• Ministry of Trade (Ditjen PPI)coreStrategic or Co-development PartnerFTA Center Bandung collaboration with Directorate General of International Trade Negotiations for free trade agreement information dissemination.
• Disperindag Provinsi Jawa BaratcoreStrategic or Co-development PartnerProvincial government partnership for FTA Center Bandung operations supporting export facilitation in West Java.
• Yayasan Indonesia CerahmajorStrategic or Co-development PartnerNGO partnership for climate change and energy transition research, including surveys on voter preferences for regional elections.
• KUTUB Jawa Barat (Koalisi Energi Bersih)majorStrategic or Co-development PartnerCoalition partnership for clean energy advocacy and energy transition policy engagement in West Java.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Center for Global Development (CGD): Large, well-funded global policy think tank focused on development economics and aid effectiveness. Comparable as a peer operating in the same donor-funded policy research niche with overlapping Indonesian engagement and competing for grant attention and senior talent.
• Asian Development Bank Institute (ADBI): Tokyo-based ADB policy research arm producing applied economic research across Asia, including Indonesia. Comparable in publishing model (working papers, policy briefs), training provision, and donor/international organization funding mix.
• Economic Research Institute for ASEAN and East Asia (ERIA): ASEAN-wide policy research institute producing regional economic studies; CEDS participates in some of its programs through EADN. Comparable as a larger, regionally-mandated think tank whose work overlaps with CEDS's Indonesian policy agenda but at a wider geographic scope.
• World Bank Indonesia — Development Policy and Partnership: Multilateral institution that commissions, funds, and increasingly conducts in-house policy economics research in Indonesia. Comparable as both a partner (co-funder of CEDS-style studies) and a competitor (in-house researchers whose outputs are substitutes for commissioned CEDS work).

Direct peers

• LPEM-FEB Universitas Indonesia (Lembaga Penyelidikan Ekonomi dan Masyarakat): Indonesia's other leading university-based economics and social research center, housed under the Faculty of Economics and Business at Universitas Indonesia. Directly comparable in mandate (policy-relevant economic research for Indonesian government and international clients) and customer base (BAPPENAS, ministries, multilaterals).
• SMERU Research Institute: Indonesian non-profit research institute focused on social and economic policy research, working closely with BAPPENAS, the World Bank, and Indonesian ministries. Directly comparable as a domestic competitor for the same Indonesian policy-research commissions CEDS targets.
• Institute for Development Studies (IDS, University of Sussex): Global academic development-research institute producing working papers, policy briefs, and capacity-building programs funded by DFID and other donors. Directly comparable in operating model (academic working paper series, donor-funded research, training programs for developing-country policymakers).
• ISEAS-Yusof Ishak Institute: Singapore-based regional research institute covering Southeast Asia economics, politics, and development with deep Indonesia focus. Comparable as a peer academic-research outfit publishing policy-relevant work and convening policymakers in the same regional ecosystem.
• Institute of Economic Growth (IEG, Delhi): Academic economic research institute focused on developing-country policy analysis with strong publication output and government advisory role. Closely comparable in business model (university-affiliated, publishes working papers, advises Ministry of Finance/Planning Commission counterparts of CEDS's BAPPENAS/MoF).

Emerging players

• Department of Economics, Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM): Top Indonesian university economics faculty with active policy-research output and government advisory work. Comparable as a domestic peer producing RePEC-ranked research on Indonesian macro and development economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/cedsunpad
• LinkedInlinkedin.com/company/cedsunpad
• Instagraminstagram.com/cedsfebunpad

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Center For Economics and Development Studies (CEDS) UNPAD