Economix : Global Economic Challenges is an annual international event held by KANOPI FEB UI, a student organization run by undergraduate economics students at the Faculty of Economics and Business, Universitas Indonesia. Our event aims to be the medium for participants of diverse backgrounds and disciplines to share, discuss, and potentially find solutions to current global economic issues. Participants from countries all over the globe can take part in our three main events : International Seminar, Competition, and Economix-MUN also in our mini competition : Mini Essay. Moreover, Economix embraces these various world cultures and hosts additional casual events to facilitate an enriched cultural exchange between participants of Competition and Economix-MUN.
This year, 15thEconomix: Global Economic Challenges will be focusing on our grand theme: “The Resurgence of Neo-Protectionism: A changing world”. As World Trade Organization (WTO) is established on January 1st 1995, international trade faced its biggest reform since the World War II. Economic barriers between countries in the world are gradually alleviated and countries started to open their economy. However, two decades after the reformation, worldwide approach on international trade started to show its signs towards paradigm rollback. The phenomena of United Kingdom’s Brexit referendum and Donald J. Trump’s triumph on United States Presidential Election, both in 2016, ensured the revolutionary rollback towards the old protectionism approach, yet with a new way. Since the trend towards neo-protectionism has hitherto been followed by several countries, worldwide economy needs to reshape its system thoroughly, from macro perception to the industrial level, in order to withstand challenges from a changing world.