India and Indonesia are taking a different approach to economic development. For both these countries, actually the service sector dominates the economy. Both also using industrial policy to supercharge their economies. They are trying to broaden the private sector and really grow fast.
There are similarities between the two economies set to be the fastest-growing this year—but their paths to greater prosperity will not look like those that came before. One of Australia’s most important river systems is in trouble, and a logjam of millions of dead fish is just one sign. And what to do with the abandoned luxury yachts of Russia’s super-rich.
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