The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy.
Sri Mulyani IndrawatiThe problem of the food price is structural. The growth of demand cannot be checked in that it is coming from middle income countries demanding more quality and more quantity of food. High demand is here to stay.
Sri Mulyani IndrawatiMany emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.
Sri Mulyani IndrawatiPeople now, especially with the Internet, are connected. They have an expectation of behaviour, of accountability, avoiding conflict and fair and just competition.
Sri Mulyani IndrawatiIn middle-income countries, inequality becomes a problem because you can see there is a layer of people who are doing well, while the poor are still stuck there. We have 300 million poor in India.
Sri Mulyani Indrawati