[Reflections after my Indonesia trip in October 2014, first published on http://csnbricsam.org/]
The economy must grow and fast, so that the size of the pie increases and there is a bigger share for everyone.
These were the opening remarks of the then Deputy Finance Minister of Indonesia said this (paraphrased) at the conference on “Redemocratisation of Economic, Social and Political for Inclusive Development” organized by INFID, a national network of Indonesian NGOs.
I was not quite surprised to hear that. Politicians all over the world seem to be thinking alike. They want faster and stable economic growth at any cost. We hear similar views in India. The emphasis on growth is almost universal today. The Minister also praised the Indonesian government’s policies which could achieve the sustained and continuous economic growth.