Managing director of the IMF
Indonesia and its ASEAN partners have been successful in creating vibrant middle classes, opening the doors to higher living standards for millions of people. By generating strong growth over the past two decades, they have also become key drivers of the global economy. Their success is no accident. It is about implementing strong policy frameworks, drawing lessons from the past and embracing change and openness. All that work has paid off. The world can learn so much from this region — including the so-called “ASEAN way” of reaching across borders. It is, in my view, beautifully captured in the Indonesian phrase, gotong royong, working together to achieve a common goal. In this region and across the world, the International Monetary Fund (IMF) is working in partnership with our member countries to achieve a common goal—building economies that are fit for th...
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