Indonesian - Economist | August 26, 1962 -
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
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It is rarely the quick fix that goes the farthest. So don't get tempted by political cycles and the lure of electoral wins.
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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.
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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.
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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.
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When both women and men contribute to a country's economic life on an equal basis, they help building stronger societies and stronger economies.
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In many countries, laws still work to women's disadvantage - for example, by requiring married women to obtain their husbands' permission to register a business, own property, or work.
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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.
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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.
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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.
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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.
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New leaders must also expect and manage setbacks. In post-revolutionary times, expectations are high, and the obstacles to meeting them are enormous.
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