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Jakarta Post

ASEAN and the IMF: Working together to foster inclusive growth

Jakarta   /   Wed, February 28, 2018   /  08:39 am
ASEAN and the IMF: Working together to foster inclusive growth International Monetary Fund (IMF) managing director Christine Lagarde speaks at an international conference themed: Models in a Changing Global Landscape in Jakarta on Feb. 27 as a series of a preparation for the IMF-World Bank Annual Meetings 2018 in October. (Antara/Sigid Kurniawan)

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...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.