Indonesian - Economist | August 26, 1962 -
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
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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.
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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.
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I am still an Indonesian citizen.
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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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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.
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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.
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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.
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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.
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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.
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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.
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Until we know how many women own businesses, we may under-invest in them as entrepreneurs and economic drivers.
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