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" 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
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" 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
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" 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. "
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" 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
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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
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" 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
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Left
" 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
" 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
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" 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
" 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
" When we rebuild a house, we are rebuilding a home. When we recover from disaster, we are rebuilding lives and livelihoods. "
Sri Mulyani Indrawati
Disaster
Lives
House
" 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
" 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
" 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
" Development is an endurance exercise with incremental improvements. "
Sri Mulyani Indrawati
Endurance
Exercise
Development
" 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
" 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
" 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
" 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
" So much research has been done showing that the woman is the most vulnerable but also the biggest strength leading to economic progress. "
Sri Mulyani Indrawati
Woman
Progress
Research
" 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
" I am still an Indonesian citizen. "
Sri Mulyani Indrawati
Citizen
I Am
Am
" 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
" 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
" China's urbanization supported the country's impressive growth and rapid economic transformation. "
Sri Mulyani Indrawati
Country
China
Transformation
" 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
" 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
" 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
" 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
" 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
" 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