Hello and welcome to the Intelligence from the Economist. I'm Jason Palmer.

And I'm Aure Ugunby. Every weekday we provide a fresh perspective on the events shaping your world.

One of Australia's most important river systems is ailing.

Millions of dead fish stretching for kilometers are just one grim sign of the problem.

We ask how things got so bad for the creatures in its waters and the Australians who depend on them.

And since the invasion of Ukraine, many western countries have tried to freeze assets belonging to Russian oligarchs, their mansions, bank accounts and even the fancy cards.

But some of the biggest, flashiest of possessions are slipping through the net.

But first.

For decades, developing countries have followed a trusted formula for growth.

Workers drawn from fields to more productive jobs in the cities have formed the backbone of booming export markets.

Which in turn has led to economic modernization.

It is in factory-manufactured textiles that modern Korea accounts for the great majority of its exports to help meet the demands which its economic drive have brought.

The model worked in South Korea and in Taiwan in the 1960s.

And later it worked in China too, where it helped 800 million people escape poverty.

But two more Asian giants, India and Indonesia, are considering very different paths to prosperity.

Their choice is about how to get rich in a troubled world, who are not just for their people and the investors pouring in billions of dollars of foreign direct investment or FDI.

They will also set an example for schools of other countries that are hoping to develop in the years ahead.

So we are talking about India and Indonesia here and they are incredibly important countries.

Avantika Chiyokote is an international correspondent for the Economist.

They are important first of all economically. The IMF reckons they will be the fastest growing big economies in the world this year.

They are also important commercially. So together they have about 1.7 billion people, so businesses ignore them at their own peril.

And thirdly, they are really important strategically. China is at setting itself across Asia and the Pacific.

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