Modi and Jokowi Seek to Revive Their Plans for Economic Reform

  • Indian stocks, currency and bonds have outperformed Indonesia
  • Jokowi has more power than Modi to effect change: Nomura

Narendra Modi, India's prime minister.

Photographer: Dhiraj Singh/Bloomberg

Two years back, they were the most promising leaders in Asia, set to revamp a pair of perennial underperformers that account for a fifth of the world’s population.

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