Sri Mulyani Indrawati 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
Sri Mulyani Indrawati 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
Sri Mulyani Indrawati If Indonesia improves governance of the fisheries sector and invests in large-scale maritime transport, it can double fish production by 2019. – Sri Mulyani Indrawati
Sri Mulyani Indrawati There’s broad recognition that you really have to put the money where people are going to self-manage. – Sri Mulyani Indrawati
Sri Mulyani Indrawati I think the implications for the rise of China are huge in terms of the political landscape, economic balance, de-velopment thinking, and the environment. – Sri Mulyani Indrawati
Sri Mulyani Indrawati 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
Sri Mulyani Indrawati Over time, Europeans have come to rely on governments to protect them from the rougher facets of private enterprise and to look after them in old age. – Sri Mulyani Indrawati
Sri Mulyani Indrawati 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
Sri Mulyani Indrawati 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. – Sri Mulyani Indrawati
Sri Mulyani Indrawati 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
Sri Mulyani Indrawati 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
Sri Mulyani Indrawati Reliable numbers about the amount of dirty money around the world are difficult to come by. But according to an estimate by the nonprofit Global Financial Integrity group, $1 trillion vanishes from the developing world’s economies every year. – Sri Mulyani Indrawati
