In the commemoration of the 60th Anniversary, the Bandung Institute of Technology (ITB) awarded Honoris Causa Doctorate and Honorary Professor to Professor Finn Erling Kydland at Sasana Budaya Ganesha (Sabuga) Building ITB, Wednesday, March 6, 2019.

It is our hope that the research that Professor Kydland has conducted over the years, especially in relation to the effects of macro policies on economic growth and business cycles, will contribute positively to the economic development of Indonesia. We also wish that his significant work will be able to provide invaluable feedback to the Indonesian Government with regard to economic policy alternatives for economic growth and business cycles in Indonesia, thus addressing and overcoming the problems of economic and business policies in the country.

We believe that the insights that Professor Kydland has provided will benefit Institut Teknologi Bandung in general and the School of Business and Management in particular. More specifically, by granting an honorary title to Professor Kydland, we hope to be part of more global discourses of economic development in developing countries. In this way, ITB is in debt to Professor Kydland for allowing us to improve our visibility in higher education circles, in local and international contexts. We also hope that the inclusion of Professor Kydland as part of our community may increase the opportunity of collaborative projects on research and education between Professor Kydland and his colleagues and ITB faculty members. We hope that our research processes and outputs can be leveraged for the benefits of multiple stakeholders involved. If time allows, it will also be our pleasure to have Professor Kydland speak in other future occasions held by Institut Teknologi Bandung, including by the School of Business and Management, to provide further insights and help in fostering our mission to contribute to business, government, and society.

Last but not least, we also hope that our institution can be of significant benefit to Professor Kydland, personally and professionally.

All in all, considering the many and significant contributions to the development of the global economy by Professor Kydland and our mission to contribute to the welfare of the nation and the world, ITB is called upon to award a Doctor Honoris Causa. It is expected that Prof. Kydland’s achievements will motivate our business school to participate in research and community service for the welfare of the nation and the world. Finally, to strengthen the relationship and the collaboration with ITB and SBM, Professor Kydland will also be awarded the ITB’s Honorary Professor. We hope that this collaboration will enhance ITB, particularly School of Business and Management’s research and education quality and visibility for the betterment of business, the government, and the society.

It is our hope that the research that Professor Kydland has conducted over the years, especially in relation to the effects of macro policies on economic growth and business cycles, will contribute constructively to the economic development of Indonesia. We also wish that his significant work will be able to provide invaluable inputs to the Indonesian government with regard to economic policy alternatives for economic growth and business cycles in Indonesia, thus addressing and overcoming the problems of economic and business policies in the country.

 

We believe that the insights that Professor Kydland provides will benefit the Institut Teknologi Bandung in general and the School of Business and Management in particular. More specifically, by granting an honorary title to Professor Kydland, we hope to be part of more global discourses about economic development in developing countries. In this way, ITB is in debt to Professor Kydland for allowing us to improve our visibility in higher education circles, in local and international contexts. We also hope that the inclusion of Professor Kydland as part of our community may increase the opportunity of collaborative projects on research and education between Professor Kydland and his colleagues and ITB faculty members. In this way, we hope that our research processes and outputs can be leveraged for the benefits of multiple stakeholders involved. And if time allows, it will also be our pleasure to have Professor Kydland speak in other future occasions held by the Institut Teknologi Bandung, including by the School of Business and Management, to provide further insights and help in fostering our mission to contribute to business, government, and society.

Last but not least, we also hope that our institution can be of significant benefit to Professor Kydland, personally and professionally.

 

All in all, considering the many and significant contributions to the development of the global economy by Professor Kydland and our mission to contribute to the welfare of the nation and the world, ITB is called upon to award a Doctor Honoris Causa. It is expected that Prof. Kydland’s achievements will motivate our business school to participate in research and community service for the welfare of the nation and the world. Finally, to strengthen the relationship and the collaboration with ITB and SBM, Professor Kydland will also be awarded the ITB’s Honorary Professor. We hope that this collaboration will enhance ITB, particularly School of Business and Management’s research and education quality and visibility for the betterment of business, the government, and the society.