Sri Mulyani Indrawati is Managing Director of the World Bank Group, and was Finance Minister of Indonesia from 2005 to 2010. She was Euromoney’s Finance Minister of the Year for 2006, Emerging Markets’s Asian Finance Minister of the Year for 2007 and 2008, and in 2008 was ranked by Forbes as one of the most powerful women in the world.
The recent decline in oil prices is likely to have a major, largely positive impact on the global economy – even greater than most observers seem to recognize. If governments take advantage of lower o… read more
The world has made enormous progress in recent decades in the fight against poverty. But, as 2014 draws to a close, one billion people – one in seven – still live on less than $1.25 a day, in part bec… read more
While the fact that the advanced economies are bouncing back is good news for everyone, it raises an important question for emerging economies: Is business-as-usual good enough to compete in this new … read more
Effective aid to poor countries works wonders: in the last 25 years, the share of poor people in developing countries has been cut by half, and the last decade has witnessed impressive development suc… read more
With brutal crackdowns in Syria, a bloody civil war in Libya, and Yemen teetering on the brink of chaos, many observers now wonder whether the region is capable of producing viable democracies. But ma… read more
