Sri Mulyani Indrawati
Sri Mulyani Indrawati
Sri Mulyani Indrawatiis an Indonesian economist who has been Minister of Finance of Indonesia since 2016; previously she served in the same post from 2005 to 2010. In June 2010 she was appointed as Managing Director of the World Bank Group and resigned as Minister of Finance. On July 27, 2016, Sri Mulyani was reappointed as Minister of Finance in a cabinet reshuffle by President Joko Widodo, replacing Bambang Permadi Soemantri Brodjonegoro...
NationalityIndonesian
ProfessionEconomist
Date of Birth26 August 1962
CountryIndonesia
bank capture changing conflict fuel hamper job laws natural resource rule secrecy social tax trust undermine worth
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.
alone bank believed bricks bringing early goes knowledge learn mortar technical tested together understand
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.
country growth quality
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.
country moving ambitious
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.
country people income
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. We have 300 million poor in India.
government dna awkward
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.
smart sacrifice climate-action
We now know that climate action does not require economic sacrifice. This is fully in line with the World Bank Group's findings. It is up to all of us to make smart policy choices that will help combat climate change. For example, putting a price on carbon is a necessary step and could drive resources and investments to a cleaner economy.
citizens stills
I am still an Indonesian citizen.
country issues shock
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.
expectations people accountability
People now, especially with the Internet, are connected. They have an expectation of behaviour, of accountability, avoiding conflict and fair and just competition.
people decision resentment
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.
progress done research
So much research has been done showing that the woman is the most vulnerable but also the biggest strength leading to economic progress.
jobs believe goal
I always enjoy the job and the work that I do, because that's the condition that I attach in accepting any job. This way, I can really work and dedicate myself to the institution for achieving the goal which I believe is a noble one.
country class growth
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.