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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
Fickle
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" I am still an Indonesian citizen. "
Sri Mulyani Indrawati
Citizen
I Am
Am
" 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
" 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
" 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. "
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Trust
Job
Insecurity
" 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
" Financial inclusion helps lift people out of poverty and can help speed economic development. It can draw more women into the mainstream of economic activity, harnessing their contributions to society. "
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People
Help
Financial
" 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
" We won't be able to stop disasters from happening. On the contrary, climate change may increase the frequency and severity of floods, droughts and storms. But we are better equipped today to prepare for them and reduce their impact. "
Sri Mulyani Indrawati
Impact
Better
Change
" 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
" 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
" 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
" 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
" 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
" 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
" 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
" 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
" 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
" 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
" 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
" 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
" 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
" People now, especially with the Internet, are connected. They have an expectation of behaviour, of accountability, avoiding conflict and fair and just competition. "
Sri Mulyani Indrawati
People
Competition
Conflict
" People feel they are not participating in the decision-making process. Decisions are exclusive to those at the very top. You have grown up with crony capitalism and it creates ever more resentment. "
Sri Mulyani Indrawati
Capitalism
Decisions
Process
" 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
" 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
" 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
" 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
" 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
" 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
" 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