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" If women had equal access to fertilizer and modern farm machinery, developing countries would produce between 2.5-percent and 4-percent more food. "
Sri Mulyani Indrawati
Farm
Modern
More
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" At the World Bank, we are already working with our clients in developing countries to improve their governance systems, collect taxes, fight corruption, and recover stolen assets. "
Sri Mulyani Indrawati
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" Urbanization has relied on land conversion and land financing, which is causing urban sprawl and, on occasion, ghost towns and waste. "
Sri Mulyani Indrawati
Urban
Land
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" Revolutions and their aftermaths, of course, are always fluid and fickle times, and the outcome is often perched on a knife's edge. "
Sri Mulyani Indrawati
Edge
Always
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" Corruption, money laundering, and tax evasion are global problems, not just challenges for developing countries. "
Sri Mulyani Indrawati
Money
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" I have my own experience in Indonesia, of course. Sometimes in these transition situations, the new governments are still clumsy and awkward in responding to this new environment in which they operate. The only thing in their DNA is the old regime. "
Sri Mulyani Indrawati
Environment
Transition
Own
" Between 1995 and 2009, Western Europe's entrepreneurs created jobs faster than the U.S. did, and European economies exported more than the BRIC countries of Brazil, Russia, India and China. Eastern Europe's productivity increased more rapidly than East Asia's. "
Sri Mulyani Indrawati
Jobs
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" Economic success without accountability and social inclusion is not sustainable, and new governments often must face tough choices in order to protect the poor and vulnerable. "
Sri Mulyani Indrawati
Face
Accountability
Choices
" Asia can learn much from Europe. Trade could be made easier in Asia, and the conditions for doing business could be improved by reducing red tape. In this regard, Hong Kong, Singapore and South Korea have done better than the best in Europe. "
Sri Mulyani Indrawati
Business
Doing
Red
" Conflicting legislation and regulations, overlapping mandates, unwillingness to enforce land use, elite capture, entrenched attitudes, and lack of incentives to influence behavior are rife in many resource-rich countries. "
Sri Mulyani Indrawati
Capture
Influence
Lack
" Accounting for the unpaid care economy can drive progressive policies such as paid family leave, social security credits for early childcare, tax credits, and quality early childhood education. "
Sri Mulyani Indrawati
Quality
Childhood
Education
" Financial inclusion matters not only because it promotes growth, but because it helps ensure prosperity is widely shared. Access to financial services plays a critical role in lifting people out of poverty, in empowering women, and in helping governments deliver services to their people. "
Sri Mulyani Indrawati
Only
Women
Financial
" I am still an Indonesian citizen. "
Sri Mulyani Indrawati
Citizen
I Am
Am
" In middle-income countries, inequality becomes a problem because you can see there is a layer of people who are doing well, while the poor are still stuck there. "
Sri Mulyani Indrawati
Problem
Doing
You
" If women had better access to the financial system - even so much as a basic deposit account at a bank - it would be a major step in the direction of greater wealth and greater economic empowerment. "
Sri Mulyani Indrawati
Step
Financial
Bank
" Paternalistic regulations often prohibit women from holding jobs in certain industries: In the Russian Federation, women cannot drive trucks in the agriculture sector; in Belarus, they cannot be carpenters; in Kazakhstan, they cannot be welders. "
Sri Mulyani Indrawati
Agriculture
Drive
Holding
" Infrastructure alone won't end poverty. The World Bank had to learn this lesson, too. While we believed too much in bricks and mortar in our early days, we now understand that bringing together funding, technical expertise, and tested knowledge goes much further. "
Sri Mulyani Indrawati
World
Alone
End
" Many developing countries are enjoying demographic changes. They have a younger demographic composition so they're not burdened by legacy policy. Now, if you combine this with a good macro policy and ambitious structural policy, those countries are able to move more flexibly and be more agile. "
Sri Mulyani Indrawati
Changes
Legacy
Now
" Until we know how many women own businesses, we may under-invest in them as entrepreneurs and economic drivers. "
Sri Mulyani Indrawati
Drivers
Women
Own
" Do what is best for most people, not just a few. Prevent your elites and growing middle class, those who often benefit most from growth and development, from turning into a special interests group that blocks reforms. "
Sri Mulyani Indrawati
Best
Special
People
" Everyone with all those good intentions came to help Indonesia rebuild from the tsunami; but the co-ordination problem was very big, because they came with their own way of doing business; they came with the inflexibility of their own governance. "
Sri Mulyani Indrawati
Good
Help
Problem
" I think the implications for the rise of China are huge in terms of the political landscape, economic balance, de-velopment thinking, and the environment. "
Sri Mulyani Indrawati
Political
Think
Thinking
" While prosperity and longevity arrive together, they cannot be treated the same. With greater wealth, people in Asia may not have to work as many hours as they do now. But living longer means they will have to work more years, not fewer. "
Sri Mulyani Indrawati
Work
Wealth
Together
" Like many countries, Indonesia can transform its decision-making system to be more transparent and inclusive, particularly on resource allocation and use. "
Sri Mulyani Indrawati
Like
Transform
Inclusive
" The problem of the food price is structural. The growth of demand cannot be checked in that it is coming from middle income countries demanding more quality and more quantity of food. High demand is here to stay. "
Sri Mulyani Indrawati
Price
Growth
Food
" When both women and men contribute to a country's economic life on an equal basis, they help building stronger societies and stronger economies. "
Sri Mulyani Indrawati
Building
Equal
Help
" Being able to save, make non-cash payments, send or receive remittances, get credit, or get insurance can be instrumental in raising living standards and helping businesses prosper. It helps people to invest more in education or health care. "
Sri Mulyani Indrawati
Living
People
Education
" Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock. "
Sri Mulyani Indrawati
Because
Shock
Same
" The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy. "
Sri Mulyani Indrawati
Confidence
Woman
Power
" New leaders must also expect and manage setbacks. In post-revolutionary times, expectations are high, and the obstacles to meeting them are enormous. "
Sri Mulyani Indrawati
New
Expectations
Meeting
" I remember my first meeting with my management team when I became Indonesia's Minister of Finance. I was the youngest person and the first woman ever to hold that job. Everybody else in the room was male. I knew then that I had to work harder than any man to prove to them that I was capable. "
Sri Mulyani Indrawati
Man
Team
Woman