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
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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.
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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.
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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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Urbanization has relied on land conversion and land financing, which is causing urban sprawl and, on occasion, ghost towns and waste.
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There's broad recognition that you really have to put the money where people are going to self-manage.
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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.
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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.
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If Indonesia improves governance of the fisheries sector and invests in large-scale maritime transport, it can double fish production by 2019.
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Corruption, money laundering, and tax evasion are global problems, not just challenges for developing countries.
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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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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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Until we know how many women own businesses, we may under-invest in them as entrepreneurs and economic drivers.
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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.
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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.