Sri Mulyani dan 3 Menkeu Tulis Artikel soal Ekonomi Kekinian di Koran

We must not resort to unilateralism and protectionism. Pursuing confrontation over dialogue will only exacerbate risks, erode confidence and weaken the prospect of global economic recovery. Compromise is key to achieving win-win outcomes, as well as trust that others are sticking to the agreed rules.

 

Multilateralism relies upon the core principles of nondiscrimina-tion, predictability and transparency. We abide by these principles because we know that they work.

 

In 2008, economic leaders from around the world -- especially among Group of 20 economies - came together to safeguard the global economy. Leaders took decisive and coordinated actions that were widely acknowledged as having boosted consumer and business confidence and supported the first stages of economic recovery. And the G20 went on to put in place the reforms needed to promote financial stability through more coordinated and stronger regulation and oversight.

 

More recently, G20 leaders re-sponded to growing concerns about corporate tax avoidance. In November 2015, they agreed on a strategy to ensure that multinational profits are taxed in the country where economic activity occurs. This consensus demonstrated a commitment to fairness, transparency and accountability on a complex cross-border challenge.

 

In the current global environment, it is this sort of leadership and cooperation that we need. The G20 is an important forum for global leaders to agree on solutions to our shared problems. Small enough to be efficient yet large enough to be representative of global voices, the G20 creates an opportunity for compromise and progress.

 

But there are legitimate concerns that the multilateral system is struggling to manage the complexity of today's global economy.