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" 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. "

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" If managed well, urbanization can create enormous opportunities: allowing innovation and new ideas to emerge, saving energy, land and natural resources, managing climate and the risk of disasters. "

Sri Mulyani Indrawati

Ideas

Energy

Innovation

" Sometimes our definitions fall short. Take, for example, the way we view income and labor. It simply doesn't cover enough of the work that women, and in particular poor women, are doing - especially in their own households and the vast 'informal' economy in which most of the world's poorest people work. "

Sri Mulyani Indrawati

Short

World

Work

" 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

" 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

" When millions of dollars and thousands of humanitarian workers poured into Indonesia, we quickly faced the challenge of coordinating our own bureaucracy with the multitudes of approaches and priorities the donor community wanted to pursue. "

Sri Mulyani Indrawati

Priorities

Challenge

Community

" In the 1990s, I was among those Indonesians who demanded and celebrated the departure of our own autocrat, Suharto, and I joined the new government when he left. "

Sri Mulyani Indrawati

Departure

New

Left

" 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

" 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 am still an Indonesian citizen. "

Sri Mulyani Indrawati

Citizen

I Am

" Development is an endurance exercise with incremental improvements. "

Sri Mulyani Indrawati

Endurance

Exercise

Development

" Women are often paid far less than men, while they also perform most of the world's unpaid care work. "

Sri Mulyani Indrawati

Care

Far

Men

" 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

" There's broad recognition that you really have to put the money where people are going to self-manage. "

Sri Mulyani Indrawati

People

Recognition

Money

" Women are emerging as a major force for change. Countries that have invested in girls' education and removed legal barriers that prevent women from achieving their potential are now seeing the benefits. "

Sri Mulyani Indrawati

Women

Change

Seeing

" 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

" 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

World

Bank

Corruption

" 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

" 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

" 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

" Changing much-cherished bank secrecy laws is worth the effort. Corruption, tax evasion, and the capture of natural resource revenues undermine the rule of law, weaken the social fabric, erode citizens' trust in institutions, fuel conflict and insecurity, and hamper job creation. "

Sri Mulyani Indrawati

Trust

Job

Insecurity

" 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

" 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

Waste

" 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

" 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

" Over time, Europeans have come to rely on governments to protect them from the rougher facets of private enterprise and to look after them in old age. "

Sri Mulyani Indrawati

Age

Protect

Time

" It is rarely the quick fix that goes the farthest. So don't get tempted by political cycles and the lure of electoral wins. "

Sri Mulyani Indrawati

Political

Quick

Goes

" In Indonesia, where I am from, the Dutch-imposed Civil Code dating back to the colonial 1870s prevailed until the 1974 Law on Marriage granted married women greater rights, including the ability to open individual bank accounts. "

Sri Mulyani Indrawati

Back

Women

Marriage

" 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

Transform

Inclusive

" We know we cannot achieve our twin goals of ending poverty and boosting shared prosperity without ending poverty and creating equality for women and girls. "

Sri Mulyani Indrawati

Poverty

Ending

Equality

" 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