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Economist Podcasts

Get-rich-quick scheming: India and Indonesia

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 3 April 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

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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Transcript

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1:01.1

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

1:05.9

And I'm Oire Ogunby. Every weekday, we provide a fresh perspective on the events shaping your world.

1:15.3

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

1:19.9

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

1:25.9

We ask how things got so bad for the creatures in its waters

1:29.3

and the Australians who depend on them.

1:32.3

And, since the invasion of Ukraine, many Western countries have tried to freeze assets belonging to Russian oligarchs,

1:40.3

their mansions, bank accounts, and even the fancy cards. But some of the biggest, flashiest of possessions are slipping through the net.

1:49.0

But first.

1:58.0

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

2:07.6

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

2:18.5

which in turn has led to economic modernization.

...

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